Careers at FundLoans

FundLoans is a wholesale lender looking for an experienced Account Executive (AE) who will establish, nurture and retain business relationships with mortgage brokers and correspondents. We are looking for a motivated, driven sales person with a burning desire to be the best and succeed in an industry with uncapped earning potential. FundLoans Capital is committed to delivering the highest quality Non-QM and conventional mortgage loans by providing outstanding service, building longstanding broker relationships and holding our company culture in the highest regard.
Account Executives will facilitate the acquisition of a wide variety of residential mortgage loan products and services through FundLoans' business-to-business network of correspondents and brokers. Come join the nation's leading Non-QM lender as we grow and thrive in this lucrative space.

Duties and Responsibilities

• Establish and maintain a network of mortgage brokers funding loans though FundLoans
• Managing all assigned Client accounts to include educating the clients in every aspect of the business relationship.
• Create /execute a marketing & business plan that will drive approved TPO clients
• Facilitate broker submissions of loan packages.
• Communicate with the brokers to ensure product knowledge, answer scenario questions, provide status updates, and answer general questions. Provide excellent customer service.
• Manage pipeline and meet or exceed production goals
• Monitor ongoing performance of brokers.
• Collaborate with Sales and Operation Management to continuously drive improvement in the wholesale program.

Qualifications

• 1-3 years previous wholesale experience
• Thorough understanding of lending guidelines and understand all facets of a real estate transaction
• Thorough understanding of all state, federal and agency regulatory requirements including but not limited to TRID, RESPA, ECOA, TILA and HMDA
• Ability to communicate clearly and efficiently, both verbally and written
• Strong organization skills and detail orientated

FundLoans is a unique Jumbo Non-QM Wholesale lender that takes a holistic approach to provide a redefined, make-sense lending experience. ​Through excellence and outside the box thinking, our company's mission is to show mortgage brokers that our client's reputation comes first and delivering on what they promise is vital.

FundLoans Capital is seeking motivated sales professionals who are looking to enter the mortgage industry. Take an advantage of this opportunity to join the industry with no mortgage experience! We are offering a 6-month in-depth paid sales training program led by world-class leaders with successful proven track records. We will provide you with all the knowledge, skills, and tools to become a successful Account Executive who will maintain and develop new mortgage broker relationships. This is a great opportunity for the driven salesperson with a burning desire to be the best and succeed in an industry with uncapped earning potential.

Check out what makes working with FundLoans so great: https://www.fundloans.com/careers

Responsibilities

• Thoroughly learn and understand FundLoans Capital's loan programs and services.
• Skillfully introduce FundLoans Capital’s loan programs and services to qualified mortgage brokers and partners.
• Win business through deepening contact networks within new and existing accounts.
• Evaluate whether clients qualify under the company’s guidelines and assist them in becoming an approved FundLoans partner.
• Maintain and grow a loan pipeline by working collaboratively with operations and support personnel.
• Submit clean and complete documentation for all broker and loan approvals.
• Assist clients with loan scenarios and progressing their submitted loans to fulfillment.
• Represent FundLoans Capital in a professional manner at tradeshows, conferences, and other company-related events.
• Perform other duties as assigned.

Required Qualifications

• Strong work ethic and motivation to learn.
• Driven, competitive, self-motivated, organized, collaborative, and a team player.
• Demonstrate strong interpersonal skills, taking pride in client-centric service and communications.
• Self-starter with an entrepreneurial spirit, ready to develop with the company.
• Excellent written, verbal, and presentation communication skills.
• Previous customer service experience preferred.
• Proficiency in Microsoft Word, Excel, and PowerPoint.

BANK SECRECY ACT REQUIREMENTS
Responsible for adhering to the reporting and recordkeeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations, observing economic sanctions by prohibiting transactions as specified by the Office of Foreign Asset Control (OFAC), following the bank's customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participation in ongoing related training.

WORK CONDITIONS
Standard office environment with a moderate noise level.

PHYSICAL DEMANDS
While performing the duties of this job, the employee is:

• Regularly required to talk or hear;
• Required to sit or stand for long periods and reach with hands and arms;
• Occasionally required to stand; walk;
• Must be able to communicate with customer and co- workers verbally and in writing;
• Able to read documents, computer screens, reports, other communications and can adjust focus and close vision.

FundLoans does not and shall not discriminate based on race, color, religion, gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status, in any of its activities or operations. FundLoans is an equal employment opportunity employer. We support diversity for the benefit and advancement of our employees, products, and clients we serve.

Note: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization.

Job Type: Full-time

Pay: $19.00/hour + Commission

Benefits:

• 401(k)
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental Pay:

• Commission pay

Language:

• English (Required)

Ability to Commute:

• San Diego, CA 92130 (Required)

Work Location: In person

FundLoans Capital is a wholesale mortgage lender specializing in Non-QM mortgage and we are seeking qualified Underwriters to join our growing team. The ideal candidate is a practical “outside the box” thinker who can deliver high quality loans to our investors.

If you have expertise in non-QM products like Bank Statement loans, Asset Utilization and DSCR loans, manual underwriting, jumbo credit risk / wealth profiles/ income streams, you have the skill sets we need. Communication and negotiation abilities, persuasiveness, creativity, problem-solving skills and an ability to share your knowledge freely with others are the keys to success in this space.

The ideal candidate would work in-person at our office located in Carmel Valley, San Diego, CA. We are open to hiring hybrid or remote workers.

Check out what makes working for FundLoans so special!

https://www.fundloans.com/careers

Duties and Responsibilities:

• Experienced in alternative income documentation review, such as personal and business bank statement analysis, and asset depletion.
• Review all loan documentation, perform an analysis of findings, input data, draft complete loan conditions and “call out” loan decisions.
• Review of Credit documentation to assure compliance with investor standards on the number/type of tradelines; repayment history; derogatory credit events and minimum payments on obligations.
• Review of residential mortgage appraisal forms for all residential property types, and all property valuation tools including and not limited to Collateral Desk Assessments and AVM’s.
• Calculation of Loan to Value Ratios, Debt-To-Income Ratios, Residual Incomes, Payment Shock, and other pertinent measures of repayment ability
• Analysis of income from salaries, commissions, self-employment, investments, asset depletion and fixed income sources.
• Analyze assets statements for bank statement income approach products.
• Reconcile findings with published guidelines to address/resolve variances, create lending solutions based on approvable exception scenarios and counteroffers.
• Communicate directly with Account Executives, Brokers and management regarding the loan status, declines, issues, and approvals.
• Perform related duties as requested.

Required Wholesale Underwriter Qualifications:

• Minimum five years as a Wholesale Underwriter with the ability to underwrite to multiple Investor guidelines and Loan Products.
• Must demonstrate thorough knowledge of all aspects of wholesale loan production and mortgage loan file flow.
• Strong background in Non-Prime, Non-QM, Jumbo and Super Jumbo required.
• Excellent written and verbal skills; ability to speak with Brokers, AE’s and management regularly.
• Excellent computer skills with working knowledge of multiple Loan Origination Systems.

Base salary $85,000/yr - $110,000/yr

No Recruiters Please

BANK SECRECY ACT REQUIREMENTS

Responsible for adhering to the reporting and recordkeeping requirements of the Bank Secrecy Act and Anti-Money Laundering rules and regulations, observing economic sanctions by prohibiting transactions as specified by the Office of Foreign Asset Control (OFAC), following the bank's customer identification program (CIP) rules, observing all Bank policies and procedures relating to BSA, OFAC, CIP, and related acts, and participation in ongoing related training.

WORK CONDITIONS

Standard office environment with a moderate noise level.

PHYSICAL DEMANDS

While performing the duties of this job, the employee is:

• Regularly required to talk or hear;
• Required to sit or stand for long periods and reach with hands and arms;
• Occasionally required to stand; walk;
• Must be able to communicate with customer and co- workers verbally and in writing;
• Able to read documents, computer screens, reports, other communications and can adjust focus and close vision.
• FundLoans does not and shall not discriminate based on race, color, religion, gender, gender expression, age, national origin (ancestry), disability, marital status, sexual orientation, or military status, in any of its activities or operations. FundLoans is an equal employment opportunity employer. We support diversity for the benefit and advancement of our employees, products, and clients we serve.