Commercial Loan Funder
•Today
| Verified Pay check_circle | Provided by the employer$55000 - $65000 per year |
|---|---|
| Hours | Full-time |
| Location | 10801 N MO Pac Expy Bldg 2-220 > Austin, Texas open_in_new |
About this job
Job Description
Job Description
We are looking for a detail-oriented Commercial Loan Funder to support accurate, compliant, and timely loan disbursements in Austin, Texas. This role plays a key part in final file review, funding coordination, and post-closing follow-up for commercial lending transactions. The ideal candidate brings strong knowledge of lending operations, sound judgment, and the ability to work closely with internal teams and external partners while managing sensitive financial information with care.
Responsibilities:
• Examine commercial loan files before disbursement to confirm that approvals, documentation, and closing conditions have been fully satisfied.
• Execute funding transactions by verifying instructions and releasing wires, checks, internal disbursements, and other payments in line with authorized terms and security controls.
• Partner with loan officers, closers, attorneys, title companies, escrow contacts, and borrowers to keep closings on schedule and address funding-related questions.
• Support construction lending activity by preparing draw packages, processing advances, and ensuring related documentation is complete and accurate.
• Compare funded amounts against approved loan terms, identify discrepancies, and resolve outstanding exceptions or missing items before finalizing transactions.
• Complete post-closing tasks by tracking collateral items, maintaining compliance documentation, and helping ensure readiness for internal review and audit requirements.
• Update servicing, imaging, and tracking platforms with accurate loan data and organized records throughout the funding lifecycle.
• Produce loan-related paperwork such as agreements, amortization schedules, payoff information, paid file documentation, lien releases, and operational reports.
• Contribute to audit preparation, workflow improvements, cross-training efforts, and backup coverage for administrative support functions as needed.
• Maintain notary eligibility for Texas transactions when required and participate in training, special assignments, and other operational support duties.• High school diploma or equivalent required.
• 3–5 years of experience in banking, lending, loan processing, loan servicing, or related administrative support roles.
• Working knowledge of commercial loan funding procedures, documentation review, and financial transaction controls.
• Proficiency with Microsoft Office and familiarity with loan processing or servicing systems.
• Ability to safeguard confidential information and apply sound judgment when handling sensitive financial records.
• Strong organizational, analytical, and problem-solving abilities with the capacity to manage multiple deadlines effectively.
• Clear written and verbal communication skills, with the ability to work independently and collaboratively across departments.
• Texas Notary Public commission preferred, or willingness and ability to obtain one.
Responsibilities:
• Examine commercial loan files before disbursement to confirm that approvals, documentation, and closing conditions have been fully satisfied.
• Execute funding transactions by verifying instructions and releasing wires, checks, internal disbursements, and other payments in line with authorized terms and security controls.
• Partner with loan officers, closers, attorneys, title companies, escrow contacts, and borrowers to keep closings on schedule and address funding-related questions.
• Support construction lending activity by preparing draw packages, processing advances, and ensuring related documentation is complete and accurate.
• Compare funded amounts against approved loan terms, identify discrepancies, and resolve outstanding exceptions or missing items before finalizing transactions.
• Complete post-closing tasks by tracking collateral items, maintaining compliance documentation, and helping ensure readiness for internal review and audit requirements.
• Update servicing, imaging, and tracking platforms with accurate loan data and organized records throughout the funding lifecycle.
• Produce loan-related paperwork such as agreements, amortization schedules, payoff information, paid file documentation, lien releases, and operational reports.
• Contribute to audit preparation, workflow improvements, cross-training efforts, and backup coverage for administrative support functions as needed.
• Maintain notary eligibility for Texas transactions when required and participate in training, special assignments, and other operational support duties.• High school diploma or equivalent required.
• 3–5 years of experience in banking, lending, loan processing, loan servicing, or related administrative support roles.
• Working knowledge of commercial loan funding procedures, documentation review, and financial transaction controls.
• Proficiency with Microsoft Office and familiarity with loan processing or servicing systems.
• Ability to safeguard confidential information and apply sound judgment when handling sensitive financial records.
• Strong organizational, analytical, and problem-solving abilities with the capacity to manage multiple deadlines effectively.
• Clear written and verbal communication skills, with the ability to work independently and collaboratively across departments.
• Texas Notary Public commission preferred, or willingness and ability to obtain one.
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Full-time Jobs Part-time Jobs Gig Jobs Posting ID: 1301324892 Posted: 2026-10-08 Job Title: Commercial Loan Funder