Reverse Loan Processor

Job Summary

To provide quality customer service in a remote environment, the full-time Reverse Loan Processor will manage documentation for underwriting, verify compliance with regulations, and communicate with customers and Loan Officers to ensure loan applications are complete and accurate.

Key responsibilities

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

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
• Knowledge of DU, LP, Microsoft Office, and Windows