Loan Closer/Funder at Ultimate Staffing Services in Santa Clara, California

Job Description:

Position Overview



Ultimate Staffing Services is actively seeking an experienced Loan Closer/Funder to join our financial services client in Santa Clara, CA. This role is integral to ensuring smooth and timely loan closings and fund disbursements. The ideal candidate will be detail-oriented and skilled in loan processing and compliance.



Responsibilities




Job Summary:



The Processing Closer Funder is responsible for reviewing, preparing, and finalizing loan documents, ensuring compliance with company policies, investor guidelines, and regulatory requirements. This role involves coordinating with borrowers, lenders, escrow officers, and other stakeholders to facilitate smooth and timely loan closings and fund disbursements.



Key Responsibilities:

• 
  Loan Document Preparation & Review:
  
  
  
  • Verify and review all closing documents for accuracy, completeness, and compliance.
  
  
  • Ensure loan terms match approved underwriting conditions.
  
  
  • Work closely with title companies, attorneys, and escrow officers to coordinate closings.
  
  
  
  


• 
  Closing & Funding Coordination:
  
  
  
  • Prepare wire instructions and authorize loan funding.
  
  
  • Confirm receipt of all required documentation before disbursement.
  
  
  • Ensure all conditions and stipulations are met before finalizing funding.
  
  
  
  


• 
  Compliance & Quality Control:
  
  
  
  • Adhere to federal, state, and investor regulations, including TRID, RESPA, and other mortgage compliance guidelines.
  
  
  • Maintain accurate records and audit loan files for any discrepancies.
  
  
  
  


• 
  Communication & Customer Service:
  
  
  
  • Serve as a liaison between loan officers, processors, and funding departments.
  
  
  • Provide timely updates to borrowers and other stakeholders regarding the closing process.
  
  
  • Address and resolve closing or funding issues promptly.
  
  
  
  


• 
  Administrative & Reporting:
  
  
  
  • Ensure all loan data is accurately entered into the system.
  
  
  • Generate reports and maintain records of funded loans.
  
  
  • Assist in process improvements to enhance efficiency and accuracy.
  
  
  
  

Qualifications




Education and Experience:

• High school diploma or equivalent required; Associate's or Bachelor's degree preferred.


• 2+ years of experience in post-closing, loan processing, or mortgage operations.


• Experience with loan origination systems (LOS) and document management platforms is a plus.

Skills and Competencies:

• Strong understanding of loan closing, funding, and post-closing processes.


• Excellent attention to detail and accuracy.


• Strong organizational and time-management skills.


• Ability to work independently and meet deadlines.


• Proficiency in Microsoft Office Suite (Word, Excel, Outlook).

Required Work Hours



Monday to Friday

Benefits




Pay Range: $24 - $30 per hour


All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance. For unincorporated Los Angeles county , to the extent our customers require a background check for certain positions, the Company faces a significant risk to its business operations and business reputation unless a review of criminal history is conducted for those specific job positions. Apply Now