Reverse Loan Processor

Job Summary

To ensure compliance and timely loan closures, the full-time hourly Reverse Loan Processor will process and pre-underwrite conventional, FHA, VA, and Bond mortgage loans while serving as a liaison between loan officers, borrowers, and underwriters in a remote setting.

Key responsibilities

• Process and pre-underwrite various mortgage loans, ensuring compliance with relevant standards and guidelines
• Monitor the loan processing cycle, identifying and resolving issues that may delay closures
• Prepare and review loan files for completeness and compliance, submitting them for underwriting approval

Required qualifications

• High school diploma or equivalent; college courses in Business, Finance/Accounting, or related fields preferred
• Five or more years of experience as a Loan Processor, with specific experience in conventional and FHA loans, and at least two years in VA and Bond mortgage loans
• Expert knowledge of mortgage lending processes and federal, state, and regulatory requirements
• Strong judgment and critical thinking skills to evaluate facts and data effectively
• Prior experience with data entry systems and Microsoft Office Suite