November 5, 2024

1st Financial Bank USA

Sioux Falls

Mortgage Operations Specialist

Title: Mortgage Operations Specialist

Location: Sioux Falls, SD (This is an on-site position)

Job Overview:
Builder Finance Inc. (BFI) is the growing lender to home building companies and rental home investment companies across the country. Launched in 2014, BFI now has several coast-to-coast lending programs with additional programs planned. Clients chose BFI for great pricing, great terms, and an industry-leading customer experience. Details are available at Builder Finance.com.
BFI is in process of launching a new lending product. This hire will play an instrumental role in that launch and the ongoing success of the product. As part of a small team within BFI, the successful candidate will take ownership of two main areas:
Closing. After a loan receives internal approval and the Loan Officer conveys that approval to the client, take responsibility.

Rate lock the loan.
Prepare and/or review closing legal documentation and the settlement statement.
Have escrow accounts properly setup.
Ensure collection of all items required to close the loan and to later sell the loan.
Manage the title and title insurance process.
Coordinate loan closing and disbursement of funds.

Post-Closing. Work with the loan buyer and internal finance personnel to effectuate sale of the loan.

Prepare loan files for sale. This includes, but is not limited to, ensuring that lending instruments were properly recorded and filed.
Effectuate sale of loan.
Work with finance team to ensure proper settlement and accounting.

The responsibility and compensation are compelling, especially for a successful candidate currently performing a comparable role. This position is in office; remote work is not offered but potentially for limited periods of harsh weather. No travel is expected for this position.
Key Responsibilities:

Communicate clearly and effectively with coworkers, clients, vendors, and loan purchasers.
Always bring an engaged mindset, good attitude, and willingness to work hard.
Strong attention to detail and “back-bone” to identify and communicate problems.
Personal drive to do good work and impress clients.

Qualifications:

Education: If most recent degree was obtained less than 5 years ago please include cumulative GPA and transcript.
Experience: Prefer at least 3 years of relevant experience.

Builder Finance Inc. is an equal opportunity and affirmative action employer.
All qualified applicants will receive consideration without regard to their race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.

Builder Finance Inc. participates in E-Verify

E-Verify Right to Work Poster (justice.gov)