Empowering 55+ customers with modern reverse mortgage options to fund the next chapter in life. NMLS #2285
Processor II
Location
United States
Posted
16 hours ago
Salary
$56.4K - $74.9K / year
Seniority
Mid Level
Job Description
Processor II
Finance of America
• Responsible for processing Reverse mortgage loans • Acting as the liaison between clients and Loan Officers through the closing process • Helping eligible applicants obtain loans in a timely and professional manner while adhering to all company guidelines, as well as federal and state regulations • Ensures the accurate input of information into the LOS and update information throughout the process as necessary • Confirms that all rates and fees input into the system are accurate • Ensures necessary verifications of income, employment and assets are obtained as/when needed • Serves as liaison and point of contact to guide clients & Loan Officers through processing of the loan in preparation for closing • Reviews all underwriting conditions required from the borrower • Collects all required documentation for closing of loan • Ensures system in Loan Origination System is accurate and corresponds to document data • Ensures all fees are updated and documented for the preparation of both the Initial Disclosures and Final Loan Documents • Ensures that all Change of Circumstances are properly documented • Reviews and ensures that all prior to closing conditions and documents are prepared, signed off and in file • Acts as main point of contact for sales, underwriting, funding, title company, broker and or client • Maintains clear, consistent and professional lines of communication between all parties involved in process • Ensures that pipeline is reviewed and updated regularly • Ensures loan packages comply with Company policies and procedures • Maintains acceptable levels of conversion ratios pursuant to position
Job Requirements
- Minimum of 2 years experience with Loan Processing
- Prior experience working with automated Loan Origination Systems and in the mortgage industry
- Excellent customer service skills
- Ability to adapt to change quickly
- Strong interpersonal skills and must be a team player
- Proficiency with Microsoft Office
- Excellent communication skills, verbal, written and presentation
- Analytical end-to-end thinking and problem-solving skills.
- Highly organized and detail oriented
- Multi-tasking and prioritization skills
- Ability to work in a fast-paced environment under time constraints
Benefits
- health, dental, vision, life insurance
- paid time-off benefits
- flexible spending account
- 401(k) with employer match
- ESPP
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