Reverse Loan Processor

Job Summary

Responsible for providing quality customer service, the full-time Reverse Loan Processor will obtain necessary documentation for underwriting, communicate with customers and Loan Officers, and ensure compliance with mortgage regulations while working remotely.

Key responsibilities

• Perform thorough reviews and analyses of borrowers' credit, employment, income, and assets before submitting to underwriting
• Assemble complete loan packages and verify all required documentation in the file
• Communicate with various companies to obtain necessary third-party documentation and manage the loan pipeline efficiently

Required qualifications

• High School Diploma or equivalent
• Minimum of 2 years' reverse mortgage processing experience
• Experience with Encompass
• Working knowledge of RESPA regulations and general mortgage lending regulations
• Excellent math and analytical skills