Funder - Wholesale Lender - Pittsburgh, PA

Company Background: BNC Mortgage has become the 8th largest wholesale subprime lender (National Mortgage News) in the mortgage industry. We have funded over $50 billion in home loans since our inception in 1995. In 2004, we became a wholly owned, operating subsidiary of Lehman Brothers Bank, FSB. As a result, Lehman Brothers, a Wall Street company, has been able to add superior strength and stability to our company.

Our headquarters are in Irvine, California, and we employ over 1,800 professionals. With our extensive network of local branch offices throughout the United States, we are able to provide exceptional customer service to our mortgage brokers. At BNC Mortgage, we offer a competitive compensation package and comprehensive benefits, including 401 (k) plan with match.

BNC Mortgage, Inc. is committed to the principles of equal employment opportunity. BNC does not discriminate against any employee or applicant for employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression, or because of any other criteria prohibited under applicable law.

General Summary:

Responsible for all aspects involving the individual funding of interstate wholesale residential mortgage loans to support branch goals, as assigned. Performs all closing tasks to maintain data integrity and compliance of all company standards and legal requirements in timely fashion, with minimal errors.

Essential Duties:


Authorize the funding of wholesale mortgage loans upon verification and review of all documents; which includes thorough review of documents for proper execution and compliance, HUD-1 settlement statements in balance to wired amount, the signing off of funding conditions and data integrity of all loan files.

Verification of all documents and performing necessary calculations as form of review to complete an accurate and timely funding of Branch Wholesale mortgage loans

Ensure compliance to federal, state and investor requirements in accordance with the established company policies and procedures.

Remain current on all Finance America policies and compliance updates

Perform any necessary data entry functions related to the funding and/or document ordering process; including verification and recalculation of impounds, as applicable to each loan

Ability to understand and accurately recalculate or correct impound calculations

Timely follow up on any post-funding conditions to ensure delivery of closed loan for shipping within current established policy.

Develop constructive, positive working relationships with internal and external customers to ensure overall efficient work flow for department

Assist with ongoing training of Jr. Funders and Doc Prep staff, including impounds, and prioritization of workflow to meet overall department performance goals.

Communicate with Closing agents, Attorneys, Brokers and any other third party vendors along with Branch Operations in a consistent professional manner

Perform basic mathematical functions in all units of measure, including factoring of ratios & percentages

Ability to handle multiple tasks in an organized fashion during volume fluctuations and meet necessary overtime requirements

Maintain suitable records for any necessary follow-up or future reference to loan files

Self-motivation; requiring minimal supervision and ability to prioritize workflow

Ability to identify, comprehend and reason through issues with sense of urgency toward resolution and communicate effectively with all parties involved

Other duties as assignedJob Requirements
Qualifications, Knowledge, Skills and Abilities:


2-5 years experience in mortgage lending with recent emphasis in loan closing and funding

Current knowledge of multi state lending, funding and compliance

Satisfactory computer literacy, with working knowledge of Word and Excel

Good aptitude for math and attention to detail for problem identification and resolution

Ability to handle multiple tasks and fluctuating volume on a daily basis to meet all goals and deadlines

Good organizational skills and time management to prioritize daily work flow

Excellent communication skills via telephone, emails, etc within established parameters

Working Conditions:


Office Environment

For immediate consideration, please submit resumes to