Funding Manager
Corporate Support
Santa Ana
Santa Ana, CA

Funding Manager
Stearns Lending, LLC is a leading provider of mortgage lending services in Wholesale, Retail, Strategic Alliances and Consumer Direct sectors throughout the United States where licenses are held. The company was ranked as the #3 Wholesale Lender nationwide by Inside Mortgage Finance in 2016.*
If you are interested in joining an exciting team where excellence and customer service are a fundamental part of the culture, Stearns Lending, LLC is the place for you!
At Stearns, we consider all employees an everyday hero and we are always looking for OUTRAGEOUSLY TALENTED® individuals to join our team.
Job Summary:
Manages and oversees Funding team and communicates with Underwriting and Processing to ensure all final conditions are submitted and met by time of funding.
Job Responsibilities:
  • Ensures final conditions are all cleared for post-closing review.
  • Delivers file to post-closing for shipment of loan.
  • Performs final Verbal Verification of Employment on all borrowers.
  • Reviews and requests final conditions, including insurance changes if needed.
  • Reviews final signed loan documents for accuracy and compliance.
  • Requests any required notary corrections or acknowledgments.
  • Requests and reviews CPL, wire instructions, and clear title reflecting final loan amount.
  • Initiates funding request and prepare wire information.
  • Communicates with warehouse lines on status of funding wires.
  • Uploads executed Right to Cancel on files where exercised by the consumer. 
Desired Skills, Experience, or Education:
  • Bachelor’s degree in Business, with concentration in Finance, Accounting, or Marketing preferred.
  • 6+ years experience in retail mortgage lending, including extensive funding experience
  • 2+ years experience managing a team of Funders
  • Working knowledge of retail lending, including identification of exposure and risk factors. Current knowledge of RESPA and MDIA regulations
  • Strong knowledge in "A" Paper, FNMA/FHLM; FHA/VA programs
  • Proficiency with MS Excel, MS Word, Desktop Underwriter, Loan Prospector, and Calyx Point. 4 years AUS experience.
  • Working knowledge of "DataTrac" is a plus Demonstrate high volume productivity.
  • Must be detail oriented, organized and work efficiently under pressure.
  • Excellent written and oral communication skills.
  • Strong organizational and analytical skills.
  • Demonstrate an OUTSTANDING level of customer service skills.
Stearns Lending is an equal housing lender and is licensed to conduct business in 49 states and the District of Columbia. Additionally, Stearns Lending is an approved HUD (United States Department of Housing and Urban Development) lender; a Single Family Issuer for Ginnie Mae (Government National Mortgage Association); an approved Seller/Servicer for Fannie Mae (Federal National Mortgage Association); and an approved Seller/Servicer for Freddie Mac (Federal Home Loan Mortgage Corporation). Stearns Lending is also approved as a VA (United States Department of Veterans Affairs) lender, a USDA (United States Department of Agriculture) lender, and is an approved lending institution with FHA (Federal Housing Administration). Stearns Lending, LLC is located at 4 Hutton Centre Drive, 10th Floor, Santa Ana, CA 92707. Company NMLS# 1854.
For more information, visit

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