We are looking for a detail-oriented Commercial Loan Funder to support accurate, compliant, and timely loan disbursements in Austin, Texas. This role plays a key part in final file review, funding coordination, and post-closing follow-up for commercial lending transactions. The ideal candidate brings strong knowledge of lending operations, sound judgment, and the ability to work closely with internal teams and external partners while managing sensitive financial information with care.
Responsibilities:
- Examine commercial loan files before disbursement to confirm that approvals, documentation, and closing conditions have been fully satisfied.
- Execute funding transactions by verifying instructions and releasing wires, checks, internal disbursements, and other payments in line with authorized terms and security controls.
- Partner with loan officers, closers, attorneys, title companies, escrow contacts, and borrowers to keep closings on schedule and address funding-related questions.
- Support construction lending activity by preparing draw packages, processing advances, and ensuring related documentation is complete and accurate.
- Compare funded amounts against approved loan terms, identify discrepancies, and resolve outstanding exceptions or missing items before finalizing transactions.
- Complete post-closing tasks by tracking collateral items, maintaining compliance documentation, and helping ensure readiness for internal review and audit requirements.
- Update servicing, imaging, and tracking platforms with accurate loan data and organized records throughout the funding lifecycle.
- Produce loan-related paperwork such as agreements, amortization schedules, payoff information, paid file documentation, lien releases, and operational reports.
- Contribute to audit preparation, workflow improvements, cross-training efforts, and backup coverage for administrative support functions as needed.
- Maintain notary eligibility for Texas transactions when required and participate in training, special assignments, and other operational support duties.