Experienced Reverse Processor
About The Position
Join the company defining what it means to be an Impact Lender! Mortgages are what we do, but that doesn't define who we are. In 2008, Movement disrupted the industry with the innovative 6-7-1 mortgage process. In 2023, we pioneered again, helping launch Impact Lending – a new category of lending. Any mortgage lender that commits at least 10% of its profits to helping the neighborhoods it serves is an Impact Lender. At Movement, we are Impact Lenders. We give 40%-50% of our profits to making an impact in our communities. For us, purpose and people have always come before profit. We’re definitely not your average mortgage company. When you’re ready to grow your career AND your impact, we’re ready for you. We’re also one of the nation’s top lenders and are redefining corporate culture. We work hard, we have fun, we invest in our people and we make a difference. Sound like a plan? Good. Learn more at www.movement.com. We are committed to being a Movement of Change in the mortgage industry, in corporate cultures and in communities – our mission to love and value people drives everything we do.
Requirements
- 2-5 years reverse processing experience.
- Solid knowledge and understanding of customer service and intrapersonal best practices.
- Extensive knowledge and understanding of HECM loan program.
- Solid knowledge and understanding of mortgage lending processes, procedures, and regulations.
Nice To Haves
- Demonstrated experience effectively managing relationships with internal and external partners.
- Demonstrated experience analyzing and interpreting data.
- Demonstrated experience researching information, problem solving and making solid business decisions.
- Demonstrated experience working in a fast paced and changing environment.
- Demonstrated experience with MS Office products.
Responsibilities
- Processes Reverse Mortgage loans
- Works to determine product suitability; communicates changes to TC
- Compiles financial and other needed data to complete loan file
- Evaluates loan applications for reasonableness and, if needed, escalates files for further evaluation
- Communicates with Reverse Transaction Coordinator to obtain missing documentation
- Reviews files for completeness prior to submission to Underwriting
- Obtains documentation needed to clear conditions, if required
- Submits approved files to Closing
- Prioritizes workflow so loans close on time
- Communicates with title company, appraiser, and other vendors as required
- Provides excellent customer service to borrower, loan officer, vendors, and other interested parties
- Prepares and sends approval
- Records data on the status of loans, including number of new applications and loans approved, cancelled or denied
Benefits
- Competitive pay
- Medical
- Dental
- Vision
- Life
- Disability
- Critical Care
- Hospitalization
- HSA
- FSA
- DCFSA
- QTE
- Retirement plan: 401(k) and Roth
- Paid Time Off: 16 days front loaded. Prorated based on the start date month
- 11.5 paid holidays per year
- Employee assistance program
- Excellent career growth opportunity
- Fun, team-focused working environment
- Employee driven community outreach program
- Relocation packages available
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
Number of Employees
501-1,000 employees
