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Reverse Mortgage Processor - Remote

Longbridge Financial
Remote, USA
Full-time
Mid · 3+ years experience
Remote
USD 60000-65000 yearly / year
Discovered 1 months ago

Full Job Posting

Why Longbridge?

At Longbridge, we don’t just offer jobs, we offer careers that grow with you. Here’s why you’ll love being part of our team:

Grow With Us – We’re big believers in investing in our people. From top-notch training to clear career paths, we support your professional growth every step of the way. Plus, we love promoting from within—because when you succeed, we all do.

A Culture That Clicks – We work hard, but we have fun doing it! Whether it’s team-building events, friendly competitions, or just an atmosphere of open communication and collaboration, we make sure work feels less like “just work.”

Benefits That Have Your Back – We’ve got you covered with best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match. Because taking care of our team is just as important as taking care of our customers.

If you’re looking for a place where your work truly makes a difference, we’d love to have you on board. Apply today and let’s do great things together!

Longbridge is looking to add a Reverse Mortgage Processor to our first-class Operations Team

LBF is seeking a qualified Reverse Mortgage Processor. The Processor gathers initial loan file documents, completes pre-review to ensure all documents to qualify borrower are complete and entered into the LOS systems and submits file to Underwriting. The Processor must be able to review approval conditions submitted for accuracy and clear as needed or submit to Underwriting in a timely manner. Professional communication, verbal and written, is a must requirement. Once the file is cleared for close by the Underwriter, the Processor is responsible for final review of data prior to closing department.

Primary Responsibilities

  • Process applications from submission, to underwriting and closing
  • Communicate daily with loan officers, borrowers, underwriters, closers, AMCs, and title companies
  • Reviewing, uploading, organizing, and labeling of file documentation into loan imaging system
  • Analyze Credit, income, tax returns, asset documents and payment history
  • Clearing loan conditions for final loan approval
  • Other duties and/or mortgage or company related tasks as assigned by Management
  • Ensure confidentiality of client files
  • The employee must work well under pressure, meeting multiple and sometimes competing deadlines.
  • At all times, the Processor must demonstrate professional behavior with colleagues’ management and customers
  • Must be able to work independently and also as part of a team
  • Strong customer service and communication skills are a must
  • Minimum 3 years FHA Processing experience preferred
  • Must have reverse processing experience
  • Strong understanding of regulatory compliance as it relates to mortgage lending: TILA, RESPA, Reg B, Reg C, etc.
  • Ability to exercise independent judgment and use problem-solving skills. Handle multiple tasks and prioritize workloads to meet deadlines.
  • Work independently with exceptional attention to detail.
  • Excellent communication skills and professional interaction with all customers (internal and external).
  • Detail oriented and highly motivated to work in a fast-paced environment.
  • Proficient computer skills required (Word, Excel, 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 60-65K 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 productions bonus.
  • 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.
  • Important Note: When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.). To learn more about our privacy practices, please review our company Privacy Notice.

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