Reverse Mortgage Processor -In Office - Paramus, NJ or Houston, TX

AI overview

Utilize loan origination software to process applications and verify data integrity, while ensuring confidentiality and clear communication among all stakeholders.

The Reverse Processor responsibilities include under general supervision verification of data integrity in our loan origination software. File gathering and submission to underwriting. Clear loan conditions for final approval to submit to closing.

Primary Job Duties:

  • Process applications for submission to underwriting
  • Work with loan officers, borrowers, underwriters, closers, AMC’s and title companies
  • Scanning and uploading file documentation into LOS
  • Clear loan conditions with applicants and communicating with loan officers
  • Analyze Credit, income, tax returns and asset documents
  • Other duties and/or mortgage or company related tasks as assigned by management
  • Ensure confidentiality of client files
  • The employee shall work well under pressure, meet multiple and sometimes competing deadlines and shall, at all times, demonstrate professional behavior with colleagues and supervisors
  • Must be able to work independently and as part of a team

Required Experience:

  • 1-2 years’ experience in reverse mortgage processing required
  • Strong time management and prioritization skills and ability to meet deadlines
  • Must be able to read, analyze, and interpret procedures, manuals, policies, and regulations.
  • Above average oral and written communication skills.
  • Above average customer service, and analytical skills.
  • Intermediate working knowledge of PC applications (Word, Excel, MS Outlook)
  • Working in a growing and dynamic industry
  • Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
  • 401(k) with company match
  • Paid time off
  • This is a non-exempt role
  • Target base salary range is 60K- 70K, which is based on various factors including skills and work experience.
  • In addition to base salary, this role is eligible for a competitive additional compensation program via monthly production bonus that is based on individual performance.
  • LBF is an EEO/AA/Vet/Disabled Employer
  • Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.

 

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Perks & Benefits Extracted with AI

  • Equity Compensation: 401(k) with company match
  • Health Insurance: Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
  • Paid Time Off: Paid time off

Longbridge Financial, LLC (LBF) is an innovative company committed to responsibly helping senior homeowners reshape their financial future to improve their retirement. Our mission is to be consistently fair, transparent, and professional at all times with our employees, customers, and partners.Recognized as an Industry Changemaker, Longbridge CEO Chris Mayer looks at the industry differently and values employees at all levels who drive our company forward.  In fact, we are now a top 2 reverse mortgage lender.Why work with us?At Longbridge Financial, “We do the right thing” is more than a mantra, it’s our guarantee.  We want to attract the best and brightest—that’s why we’re committed to giving our employees the support they need and the respect they deserve. We offer competitive compensation packages and benefits, as well as a strong marketing and operations foundation. Join us for a rewarding career with remarkable growth potential.  Ready to be changemaker and be a part of a team to help propel Longbridge to number one?

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Salary
$60,000 – $70,000 per year
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