We are looking for a detail-oriented Loan Funding Processor to support consumer and indirect lending operations in Middletown, New York. This contract opportunity is ideal for someone who can manage loan documentation, verify funding readiness, and coordinate effectively with dealerships and internal lending teams. In this role, you will help ensure loans are funded accurately, records are maintained properly, and members and partners receive timely, attentive service throughout the final stages of the lending process.
Responsibilities:
- Review loan files and dealer-submitted contract packages to confirm all documents are complete, accurate, and ready for funding.
- Validate that underwriting stipulations, funding conditions, and compliance requirements have been satisfied before releasing funds.
- Enter and finalize loan funding activity within lending and core servicing systems with a high degree of accuracy.
- Set up new loan accounts and member records in applicable platforms prior to disbursement.
- Process dealer payments, including manual funding transactions through online banking tools when needed.
- Communicate with dealerships and internal staff to resolve missing items, correct documentation issues, and address funding delays.
- Perform quality checks on mailed and electronically signed loan packages to ensure all required paperwork has been received and matches system data.
- Upload insurance and supporting loan documents to designated recordkeeping systems and scan completed files for retention.
- Prepare and send post-funding welcome materials to members while maintaining organized and audit-ready loan files.