Funding Team Lead

Here at Lower, we believe homeownership is the key to building wealth, and we’re making it easier and more accessible than ever. As a mission-driven fintech, we simplify the home-buying process through cutting-edge technology and a seamless customer experience.

With tens of billions in funded home loans and top ratings on Trustpilot (4.8), Google (4.9), and Zillow (4.9), we’re a leader in the industry. But what truly sets us apart? Our people. Join us and be part of something bigger.

Job Description:

We are a nationwide mortgage lender specializing in residential and commercial lending. The Funder-Team Lead is responsible for leading the funding team as they review signed loan documents, clearing funding, agency and investor conditions for the funding of FHA, VA, Conventional, Jumbo and Niche products.

What you’ll do:

• Review closing package to verify all documents are appropriately executed and in compliance with investor and agency guidelines.
• Verify all closing conditions have been satisfied.
• Work collaboratively with internal counterparts and third parties to efficiently fund compliant saleable loans
• Follow up with title/closing attorney/settlement agent to obtain any missing documents or corrected documents ensuring they are uploaded into the loan file
• Complete necessary fields in the Encompass software program to indicate any missing or incorrect items and documenting funding authorization
• Issuing funding authorization to settlement agent and loan closer once all documents have been reviewed and determined to be executed accurately and all conditions have been satisfied  
• Delegate and manage the flow of current and upcoming loans being funded.
• Train, instruct and enforce policies and procedures with the team.

Who you are:

• Bachelor's degree
• Must be detail-oriented and organized
• Excellent communication, phone and customer service skills
• Must have strong computer skills and proficiency with loan industry software, in addition to a working knowledge of word processing and spreadsheet programs
• Expert knowledge of funding in mortgage related business

Why you’ll love working at Lower:

• You’ll be surrounded by talented, dedicated people who believe in the company’s mission.
• You’ll be able to shape the future of Lower’s user experience.
• You’ll join a locally and nationally recognized best place to work that values promotion from within.
• There is opportunity for professional growth and development.

Plus:

• Competitive compensation plan
• Extended benefit offerings including: Medical/dental/vision
• Paid holidays
• Paid time off
• Parental leave
• Life insurance
• Short- and long-term disability
• 401K with company match
• Discount on home mortgage refinances or purchase

Job Type: Full-time

Work Location: on-site, hybrid, or remote. Office location would be Columbus, OH.

Pay: $40k -$45k plus bonus opportunity

Lower provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

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