Reverse Loan Processor

🔥 0 minutes ago

🗽 New York – Remote

🗽 New York – Remote

⏰ Full Time

🟢 Junior

🟡 Mid-level

🚫👨‍🎓 No degree required

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CrossCountry Mortgage, LLC

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

💸 Finance

💰 $400M Debt Financing on 2021-11

Finance

CrossCountry Mortgage, LLC is one of America’s leading retail mortgage lenders, providing a range of mortgage solutions for homebuyers, homeowners looking to refinance, and those seeking home equity loans. They offer a comprehensive suite of services including home purchase loans, mortgage refinancing, and home equity lines of credit (HELOC). The company prides itself on helping clients navigate the home buying process with ease, whether they are first-time buyers or seasoned investors. Known for their competitive interest rates and efficient loan processing, CrossCountry Mortgage aims to support their clients in achieving their home ownership and financial goals.

📋 Description

• Provide quality customer service by obtaining necessary documentation to underwrite the loan and orders third party documentation by communicating directly with the customer and/or Loan Officer. • Review and analyze borrower’s credit, employment, income, and assets as required by the loan program before submitting to underwriting. • Assemble the complete loan package in proper order for underwriting. • Verify all required documentation (pre-underwrite) in the file. • Complete the required loan checklist. • Prepare a loan approval summary, Forms 1008 and 1003, and ensure the accuracy of all the information printed on the documents. • Communicate with various companies to obtain Property Survey, Flood Certificate, Title Commitment, and payoff information. • Manage pipeline by completing and submitting reports within allotted turn-around times. • Document all communication related to the loan application in the conversation log.

🎯 Requirements

• High School Diploma or equivalent. • Minimum of 2 years' reverse mortgage processing experience. • Experience with Encompass. • Working knowledge of RESPA regulations and general knowledge of all mortgage and consumer lending regulations, including but not limited to Regulation Z and Regulation B requirements, and loan documents, preferred. • Knowledge of DU, LP, Microsoft Office, and Windows. • Excellent math and analytical skills. • Excellent prioritization and time management skills.

🏖️ Benefits

• medical • dental • vision • 401K • company-provided short-term disability • employee assistance program • wellness program