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Cornerstone Capital Bank

Outstanding Funding Condition Specialist

Posted 16 Days Ago
Be an Early Applicant
Remote
Hiring Remotely in United States
Junior
Remote
Hiring Remotely in United States
Junior
The Funding Condition Specialist monitors and clears outstanding funding conditions per regulatory guidelines, ensuring accuracy and timely processing of loan documents.
The summary above was generated by AI

***No agencies or 3rd party Recruiters please. Thank you! ***

 

Who we are:

 

Cornerstone Home Lending, a division of Cornerstone Capital Bank, is a unique national home lender with a reputation of amazing service, customer satisfaction, employee retention, and happiness. We employ people who are passionately committed to Cornerstone’s Mission, Vision & Core Convictions. Our brand is known for on-time closings - a key core conviction of Cornerstone. We have successfully navigated our company through many industry cycles and changes in regulations.


We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

 

Who we are looking for:

 

We are seeking an Outstanding Funding Condition Specialist. In accordance with regulatory and investor guidelines the OFC Specialist proactively monitors, reviews, assigns, researches, and clears any outstanding funding conditions that have been flagged after the loan file has been through the review process.


What you’ll do:

  • Promptly throughout the day pull, review, and update the Outstanding Funding Condition (OFC) Queue daily to retrieve and clear conditions
  • Assign “Responsibility Of” and “Assigned To” to OFC to as many conditions as possible
  • Analyze items/documents received to clear conditions for completeness and accuracy
  • Clarify, amend, and delete conditions as necessary to meet all requirements to clear the condition
  • Upload any corrected/missing loan documents received into Imaging in addition to editing and renaming loan documentation when applicable
  • Provide timely email notifications to the impacted branch/affected parties and contact vendors for any needed corrections
  • Actively follow up for status on all pending outstanding funding conditions assigned to OFC, the branch and other parties to ensure timely receipt and clearing of conditions
  • Perform other job-related duties and or special projects as assigned

What you’ll need to be successful: 


Success in this job relies on your time management skills, organization, and positive attitude.  In addition, you’ll need the following qualifications:

  • High School Diploma or equivalent
  • Minimum of 2 years prior experience in processing, closing or underwriting 
  • Knowledge of FHA, VA and Conventional loan documentation
  • Can handle multiple priorities, be proactive, an excellent communicator, high attention to detail, time management, strong organizational and prioritization skills
  • Ability to follow established operating procedures and meet deadlines
  • Ability to adapt and embrace change Experience with LOS a plus, fluent in Microsoft Word, Excel, Outlook, Adobe 

 

What we offer: 

 

Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus. 

 

 

What to do next: 

 

If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone team, we'll continue to invest in you as a valuable asset to our company. As many of our team members can tell you, there's something special about working at Cornerstone

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Top Skills

Adobe
Excel
Fha
Los
Microsoft Word
Outlook
Va And Conventional Loan Documentation

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