Loan Funder Cover Letter

Please consider me for the loan funder opportunity. I am including my resume that lists my qualifications and experience.

Previously, I was responsible for administrative and/or operational support within one or more of the following loan areas; processing, closing, servicing, documentation of all types of loans, including but not limited to: Consumer, Commercial; New, Renewed, Purchase and Sale, Escrow, etc.

I reviewed the requirements of the job opening and I believe my candidacy is an excellent fit for this position. Some of the key requirements that I have extensive experience with include:

• Experience on Fannie Mae or Freddie Mac Loans
• Experience on Ellie Mae/Encompass preferred
• Reviews and purchases funded loan files
• Prepare deficiency notices
• Strong TRID and compliance experience
• Experience with Ellie Mae Encompass
• Receives explicit instruction on filing, recording, and organizing documentation associated with the closing of a loan
• Works on basic projects with assistance and oversight of senior staff and managers

I would like to submit my application for the loan funder opening. Please accept this letter and the attached resume.

In the previous role, I was responsible for closing support to line of business and investor banks, administer DebtX document sharing support model for investors and Synd sales.

Please consider my experience and qualifications for this position:

• Provides excellent customer service and problem-solving with all parties to the loan before, during and after closing
• Executes loan documents on behalf of the company
• Prepares funding packages for warehouse lenders
• Performs data integrity reviews prior to shipping to secondary marketing investors while meeting purchase/delivery deadlines
• Reviews pre-funding loan conditions and executed loan documents for accuracy and completeness
• Directs collateral packages to applicable warehouse bank and/or investor
• Maintain necessary knowledge to successfully perform job responsibilities
• Good interpersonal and communication skills in dealing with attorneys, title companies, and other business professionals

I am excited to be applying for the position of loan funder. Please accept this letter and the attached resume as my interest in this position.

In the previous role, I was responsible for input into the discussion of terms and structure of new construction deals for the various lines of businesses doing construction loans throughout BMO Harris Bank.

Please consider my qualifications and experience:

• Primary focus is on daily deliverable of routine and defined outputs, while at the same time developing a knowledge of the broader context in which the work is being performed
• General knowledge of Conventional, Government, Bond, DPA and secondary market regulations and guidelines
• General knowledge of the mortgage industry (TRID)
• Good abilities in problem solving, researching and decision-making
• Proficient skills with MS Office, Excel and Mortgage Industry Loan Applications/Software, preferably Encompass 360 Software
• Strong working knowledge of loan program products and services, policies, and closing documents
• Working knowledge of personal computers to include MS Word and Excel
• Able to multi-task and remain detail oriented

I would like to submit my application for the loan funder opening. Please accept this letter and the attached resume.

In the previous role, I was responsible for administrative and/or operational support within one or more of the following loan areas; processing, closing, servicing, reviewing documentation of all types of loans, including but not limited to: Consumer, Commercial; New, Renewed, Purchase and Sale, Escrow, etc.

Please consider my experience and qualifications for this position:

• Able to communicate with management level branch personnel
• Able to sit for long periods of time reviewing documents, preparing various reports, and/or other duties
• Able to type 35 wpm accurately
• Able to stand, stoop, and/or kneel for filing or retrieving documents
• Prepares and coordinates all loan documents for loan closing including all aspects of quality control prior to funding
• Prepares and tracks borrowers’ receipt of Closing Disclosure per TRID regulations
• Collaborates with closing agents on final loan figures for the Closing Disclosure
• Maintains relations and communication with document preparation vendors to meet standards of compliance in at least 18 states

I submit this application to express my sincere interest in the loan funder position.

In the previous role, I was responsible for corporate and Region-wide training solutions related to performance, processes and procedures, workflow, system requirements, reporting requirements and job specific functions and tasks; e.g., investor suspense conditions and trends, timely responses, etc.

My experience is an excellent fit for the list of requirements in this job:

• Familiarity with all federal and state banking regulations pertaining to lending and consumer compliance, including fair lending laws
• Great communication skills, self-motivation, positive attitude
• These specifications are general guidelines based on the minimum requirements
• Knowledge of mortgage origination industry
• Loan disbursement and Warehouse line experience
• Establishes professional rapport with all internal and external customers including borrowers, brokers, third-party vendors and internal staff
• Engages with members to ensure their understanding of process and timeframe, and provides timely and consistent updates
• Requests, collects, and assembles additional documents from borrowers as necessary to ensure completeness and accuracy of the loan file