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Loan Funder Jobs (NOW HIRING)

Redwood Trust Inc

Mortgage Funder

Mill Valley, CA · On-site

$65K - $70K/yr

Position Summary The Mortgage Funder is responsible for managing and executing the loan funding process from approval through disbursement. This role ensures accuracy, compliance, and timeliness in ...

Nova Home Loans

Funder

Tucson, AZ · On-site

These are the core values of NOVA ® Home Loans in which we act on employee feedback and implement ... The Funder is responsible for coordinating and funding mortgage loans by working closely with ...

Orion Lending

Be Seen First

Mortgage Funder (remote)

Orange, CA · Remote

$31.25/hr

Position Summary The funder's primary responsibility is to perform all the tasks relating to loan closings after receiving approval to close from Underwriting, including the preparation and release ...

NovaFi Mortgage, Inc.

Funder

Richardson, TX · On-site +1

$30 - $35/hr

This role works closely with brokers, borrowers, title companies, and internal teams to coordinate timely and accurate loan funding while maintaining compliance with company and investor guidelines.

TEKsystems

Mortgage Funder - Pensacola, FL

Pensacola, FL · Hybrid

$17.60/hr

Review loan documentation to ensure accuracy, completeness, and compliance. * Accurately disburse funds according to lender instructions and closing statements. * Resolve documentation discrepancies ...

New

TEKsystems

Mortgage Funder - Pensacola, FL

Pensacola, FL · Hybrid

$17.60/hr

Review loan documentation to ensure accuracy, completeness, and compliance. * Accurately disburse funds according to lender instructions and closing statements. * Resolve documentation discrepancies ...

New

Paramount Residential Mortgage Group

Funder

Corona, CA · On-site

$27/hr

Compiles loan documentation and ensures that all conditions and requirements for closing are met ... Maintains document mailing/conversation log, and funding registers. Ensures warehouse files arrive ...

Paramount Residential Mortgage Group

Funder

Corona, CA

$27/hr

Compiles loan documentation and ensures that all conditions and requirements for closing are met ... Maintains document mailing/conversation log, and funding registers. Ensures warehouse files arrive ...

TEKsystems

Mortgage Funder

Pensacola, FL · Hybrid

$17.60/hr

To provide operational support to Mortgage Closers in order to expedite the funding process. * Assist in the closing of mortgage loans, completing the funding process for closing transactions and ...

TEKsystems

Mortgage Funder

Pensacola, FL · Hybrid

$17.60/hr

To provide operational support to Mortgage Closers in order to expedite the funding process. * Assist in the closing of mortgage loans, completing the funding process for closing transactions and ...

Paramount Residential Mortgage Group

Funder

Corona, CA · On-site

$27/hr

Compiles loan documentation and ensures that all conditions and requirements for closing are met ... Maintains document mailing/conversation log, and funding registers. Ensures warehouse files arrive ...

TEKsystems

Funder (GPO)

Pensacola, FL · Hybrid

$17.60/hr

Mortgage Loan Funder This is an entry level opportunity to get your foot in the door with a Fortune 100 Financial Institution! * You'll be the last set of eyes before funds are released. That means ...

TEKsystems

Funder (GPO)

Pensacola, FL · Hybrid

$17.60/hr

Mortgage Loan Funder This is an entry level opportunity to get your foot in the door with a Fortune 100 Financial Institution! * You'll be the last set of eyes before funds are released. That means ...

First Hawaiian, Inc.

Residential Lending Funder

Honolulu, HI · On-site

$19.25 - $26.50/hr

This role ensures that loans are funded accurately, timely, and in full compliance with internal policies, regulatory guidelines, and investor requirements. This role requires meticulous attention to ...

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Loan Funder information

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How much do loan funder jobs pay per hour?

As of Aug 6, 2026, the average hourly pay for loan funder in the United States is $22.93, according to ZipRecruiter salary data. Most workers in this role earn between $21.63 and $23.80 per hour, depending on experience, location, and employer.

What is a loan funder?

Loan Funders are financial professionals responsible for reviewing, verifying, and disbursing funds for approved loans. They ensure that all required documentation is complete and accurate before releasing loan proceeds to borrowers or third parties. Their role is critical in the final stage of the loan process, as they verify compliance with lending guidelines and regulations to minimize risk for the lender.

What are the key skills and qualifications needed to thrive as a loan funder, and why are they important?

To thrive as a Loan Funder, you need a strong understanding of loan processing, financial documentation, and regulatory compliance, often supported by experience in banking or mortgage lending. Familiarity with loan origination systems (LOS), credit analysis tools, and industry certifications like NMLS are commonly required. Attention to detail, strong organizational skills, and effective communication help Loan Funders excel in fast-paced environments. These skills and qualifications are crucial for ensuring accurate, timely funding and maintaining regulatory standards in financial transactions.

What is the difference between Loan Funder vs Loan Processor?

AspectLoan FunderLoan Processor
CredentialsMay require basic financial knowledge, sometimes certifications in lendingOften requires detailed financial analysis skills, certifications like MLO or loan processing courses
Work EnvironmentTypically works in lending companies, banks, or mortgage firms, focusing on funding loansWorks in similar environments, handling loan documentation and verification
Employer & Industry UsageUsed in mortgage, auto, personal loan industriesCommon in mortgage and banking sectors
Search & Comparison IntentPeople compare roles related to funding loansPeople compare roles involved in processing loan applications

The main difference is that a Loan Funder focuses on providing the funds for approved loans, while a Loan Processor handles the paperwork and verification process before approval. Both roles are essential in the lending process but serve different functions within the loan lifecycle.

What are some common challenges faced by loan funders during the loan closing process?

Loan Funders often encounter challenges such as tight deadlines, last-minute document changes, and ensuring all compliance requirements are met before disbursing funds. Accurate attention to detail is crucial, as even small errors can delay closings or result in compliance issues. Clear communication with loan officers, underwriters, title companies, and borrowers is essential to resolve discrepancies quickly and maintain a smooth workflow. Developing strong organizational skills and maintaining up-to-date knowledge of regulations can help Loan Funders navigate these challenges effectively.

What does a loan funder do?

A loan funder works for a mortgage firm or consumer loan company to determine the amount of money closing agents may offer to clients. As a loan funder, your duties include analyzing financial risk, creating internal documents and reports on the loan process, and determining best practices for the department. You may also answer client questions and calls, coordinate with banks and credit companies, and oversee the processing of loan documents. To pursue a career as a loan funder, you typically need relevant work experience, like training at a bank or brokerage firm, and eligibility to obtain national licensing and registration requirements. Although there are minimal educational requirements for the job, an associate or bachelor’s degree in accounting, finance, or business administration may offer a competitive edge. Additional qualifications include excellent math, communication, and critical thinking skills.

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Loan Funder jobs near you
Infographic showing various Loan Funder job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $47,702 per year, or $22.9 per hour.

Mortgage Funder

Redwood Trust Inc

Mill Valley, CA • On-site

$65K - $70K/yr

Full-time

Medical, Life, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.

Job description

Position Summary

The Mortgage Funder is responsible for managing and executing the loan funding process from approval through disbursement. This role ensures accuracy, compliance, and timeliness in the preparation and release of mortgage funds. This role has a high level of interaction with internal parties (secondary marketing, sales, legal and compliance, treasury) and external parties (lenders, warehouse banks, settlement agents, custodians) to ensure a successful settlement and post-funding process for mortgage transactions.


We are open to candidates based in Englewood, CO or Mill Valley, CA.


We are open to entry level candidates who have an interest in learning the mortgage industry.



Responsibilities & Duties

  • Determine the funding population based on loans that have cleared Due Diligence
  • Determine that all required loan criteria have been met prior to funding
  • Analyze and prepare accurate funding schedules to issue to clients
  • Determine collateral and manage pre-purchase collateral exceptions
  • Manage seller with regards to pre-purchase collateral issues
  • Engaging the Client Services Rep and/or Operations Manager when necessary
  • Interact with all functions within the company, ability to negotiate in the best interest of stakeholders’ overall position


Required Education, Experience, & Skills

  • 1-2+ years of mortgage industry experience
  • Funding or Closing experience preferred
  • Extensive experience with loan origination documentation
  • Technologically savvy, with the ability to work in varied systems; Proficiency with Excel, loan origination systems, automated underwriting engines, electronic document management and other systems
  • High attention to detail and effective problem-solving skills
  • Excellent client service skills
  • Excellent oral and written communication skills
  • Analytical thinking ability, diplomacy and professionalism

A reasonable estimate of the base compensation range for this role is $65,000-$70,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.

At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.