Loan Funding Specialist Salary in Trenton, Ontario

Interviews loan applicants to obtain information and conducts credit and fraud investigations to verify an applicant's background. Performs employment verification by contacting the applicant's references. Checks loan papers to ensure accuracy and completeness prior to funding. Prepares loan request files and forwards findings, reports, and documents to the appraisal department. Serves as point of contact for funding related questions and provides a status update to brokers, escrow, and branches. Receives incoming settlement funds and disperses outgoing settlement funds between borrowers, loan establishment, and sellers upon approval of a loan in accordance with escrow and lender instructions.

The average salary for a Loan Funding Specialist is $56,432 per year or $27.13 per hour in Trenton, Ontario. Top earners have reported making up to $62,552. However, the typical pay range in Trenton, Ontario is between $42,311 and $62,552 annually.

Loan Funding Specialist is projected to see a 13.4 % salary change in 5 years.

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