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Company

Dunmor

Address Los Angeles, CA, United States
Employment type FULL_TIME
Salary
Category Real Estate
Expires 2023-08-25
Posted at 9 months ago
Job Description
Dunmor is a direct lender for residential and multifamily real estate investors. We specialize in senior debt financing with products such as bridge loans, value-add loans, new construction loans, and permanent portfolio loans for our borrowers nation-wide. As a FinTech commercial lender in rapid-growth mode, our differentiation strategy is employing technological integration into our processes in order to enable an efficient lending experience for both our clients and our internal team. With deep capital partners and institutional investment backing, we are looking to originate $1b in loans over the next 12 months.


Dunmor is an entrepreneurial company, and this position will have a significant impact on the future of the business as we grow and expand our operations. Professionals in this function need to thrive and perform tasks in situations with high pressure and tight deadlines, be highly responsive, demonstrate a high level of attention to detail, and have excellent communication skills. The funding department comprises the final stage of the loan process and is therefore critical to the firm's goal of exceeding customer expectations. We look for people who enjoy being challenged, are team-oriented, transparent, and can understand the customer's needs while maintaining internal controls and risk mitigation efforts. Above all, we value integrity and a strong work ethic.


Responsibilities:


  • Work cross-departmentally to ensure that all loan fundings are executed on time and with a high degree of accuracy.
  • Collaborate with agents and borrowers to ensure wire requests and funding information are completed promptly.
  • Receive and review signed loan documents for accuracy, including wire instructions.
  • Forward documents to all involved parties, (e.g., agents, escrow, title)
  • Prepare wire template and information for accounting.
  • Coordinate regularly with finance team members to ensure proper controls are maintained.
  • Prepare closing documents, including closing disclosures and estimated settlement statements.
  • Validate required loan documentation and loan conditions,


Qualifications - To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.


  • Dunmor is proud to be an Equal Employment Opportunity employer. We do not discriminate based upon race, ethnicity, religious creed, color, national origin, ancestry, gender (including pregnancy, childbirth, or related medical conditions), gender identity, gender expression, sexual orientation, marital status, age, status as a protected veteran, status as an individual with a disability, medical condition, or any other category protected by applicable federal and state law.
  • 3+ years of proven success in mortgage loan funding, ideally in Business Purpose Lending or equivalent experience.
  • Ability to collaborate across a dynamic start-up environment.
  • Strong time management and communication skills.
  • Proficient with standard computer applications, including Microsoft Office with an emphasis on Word, Outlook, and Excel.
  • Aptitude to learn quickly and solve problems. Ability to work collaboratively in a fast-paced, deadline-driven team environment.