Underwriting Team Lead - Remote

Longbridge Financial•Paramus, NJ

6d•$115,000 - $125,000•Remote

About The Position

Longbridge is looking for our next Underwriting Team Lead. The ideal candidate will possess the following: Accurately evaluate and underwrite HECM and/or Proprietary reverse mortgage loan files submitted by retail and wholesale production channels, in accordance with company policy and FHA HECM and Platinum program guidelines.

Requirements

5+ years of recent HECM and/or Proprietary mortgage underwriting experience
DE Certification required
Ability and desire to lead and mentor a team
Ability to prioritize and make quick decisions
Able to maintain a positive attitude and be productive when under pressure and under tight deadlines
Proven ability to interpret and communicate regulatory guidance
Strong attention to detail, superior analytical skills, data driven mentality
Excellent customer service skills including both verbal and written communication

Responsibilities

Supervise a team of underwriters and monitor team performance for the review and decisioning of Reverse Mortgage loans
Conduct second level reviews
Assist as needed to resolve escalation questions
Assist in hiring and training underwriters
Collaborate with underwriters, processors, sales, and external brokers to assist with structuring Reverse transactions
Review underwriting decisions and conditions, and may underwrite loans as needed
Have a thorough knowledge of HECM and/or Proprietary Reverse underwriting guidelines and constantly staying on top of any changes
Work closely with Underwriting Management to implement plans, improve consistency, efficiency, and shorten turn times.