Jr Processor

Finance of America•,

1d•$50,000 - $53,000

About The Position

Finance of America helps homeowners 55+ access the equity they’ve built while staying in full control of their home and their financial future. Through a range of reverse mortgage solutions, we help customers shape the retirement they’ve earned while continuing to evolve how we serve and work together. Joining Finance of America now means stepping into a period of momentum and growth, with teams actively shaping what comes next and opportunities to make an impact and grow your career. Partners with Processors to learn to review FHA Reverse mortgage loan applications. Reviews data to ensure compliance with company established policies, as well as regulatory requirements and loan terms. The chief goal of the Processor Jr. is to assist the Processing team with loan applications in a timely and professional manner while complying with all company and industry regulations.

Requirements

Familiarity with automated Loan Origination Systems and the mortgage industry.
Excellent communication skills, verbal, written and presentation.
Current knowledge of industry guidelines and procedures as well as federal, state and local regulations.
Analytical skills.
Detail oriented.
Highly organized.
Multi-tasking and prioritization skills necessary.
Ability to work in a fast paced environment under time constraints.
Ability to organize and coordinate projects.
Excellent customer service skills.
Ability to adapt to change quickly.
Strong interpersonal skills and must be a team player.
Highly proficient with Microsoft Word, Excel, PowerPoint and Outlook.

Nice To Haves

BA - Bachelor of Arts

Responsibilities

Oversees & maintains the submissions mailbox
Prepares pre-application and application packages for all channels
Ensures all data entry is updated or added into the loan origination system
Evaluates and understands the financial and credit documents being reviewed.
Reviews data for compliance, appraisals and title reports.
Responsible for ordering case numbers, appraisals and titles while adhering to all applicable guidelines.
Partners with Processors to evaluate completeness of loan application and disclosures
Develops additional required mortgage processing skills, for the goal of career advancement
Remains current on all company requirements and federal and state regulations to ensure compliance
Ensures compliance with federal state, investor and company policies and procedures
Follows the Company standards for delivery of integrity, client focus, teamwork and respect for each individual in every interaction
Exhibits observable sense of urgency in the execution of all job functions and duties
Meets or exceeds levels of Customer Service delivery established by the Company
Meets all productivity standards as set by the Company
Performs other duties as assigned