Processor II

Job not on LinkedIn

🔥 17 hours ago

🇺🇸 United States – Remote

💵 $56.4k - $74.9k / year

⏰ Full Time

🟢 Junior

🟡 Mid-level

🚫👨‍🎓 No degree required

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

👻 Ghost score 0%

What it means: how likely this posting is sitting open without active hiring.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

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Finance of America

WebsiteLinkedInAll Job Openings

501 - 1000 employees

🛡️ Insurance

💸 Finance

🏦 Banking

Insurance • Finance • Banking

<Finance of America> Finance of America is a U. S. -based mortgage lender specializing in reverse mortgages and home equity solutions for older homeowners. The company offers proprietary and government-backed products (including HomeSafe and HECM), lines of credit and loans up to $4M, borrower education and calculators, and partner tools for financial professionals and wholesale partners. It is a licensed mortgage banker focused on helping homeowners (typically 55+) access home equity for retirement, home improvements, or living expenses while providing consumer protections and counseling.

📋 Description

• Process Reverse mortgage loans • Act as liaison between clients and Loan Officers through the closing process • Help eligible applicants obtain loans in a timely and professional manner while adhering to company guidelines and federal and state regulations • Accurately input and update information in the Loan Origination System • Confirm rates and fees are accurate and compliant • Obtain income, employment, and asset verifications • Guide clients and Loan Officers through loan processing toward closing • Review underwriting conditions submitted by borrowers within 24–48 hours • Collect required closing documentation • Ensure Loan Origination System data corresponds to document data • Update and document fees for Initial Disclosures and Final Loan Documents • Document and disclose Changes of Circumstances within required timeframes • Prepare, sign off, and file prior-to-closing conditions and documents • Coordinate with sales, underwriting, funding, title companies, brokers, clients, and settlement agents • Maintain communication and escalate issues to Management • Review and update the loan pipeline, including critical dates, expirations, cancellations, and denials • Ensure loan packages comply with company and investor policies • Process and maintain a pipeline of 50 loans • Attend regular and ad hoc departmental meetings • Maintain current knowledge of company requirements and federal and state regulations • Meet customer service, productivity, conversion, and compliance standards • Perform other duties as assigned by management

🎯 Requirements

• High School Diploma required • Bachelor's Degree preferred • Minimum of 2 years experience with Loan Processing • Prior experience working with automated Loan Origination Systems and in the mortgage industry • Excellent customer service skills • Ability to adapt to change quickly • Strong interpersonal skills and must be a team player • Proficiency with Microsoft Office • Excellent communication skills, verbal, written and presentation • Analytical end-to-end thinking and problem-solving skills • Highly organized and detail oriented • Multi-tasking and prioritization skills • Ability to work in a fast-paced environment under time constraints

🏖️ Benefits

• Health insurance • Dental insurance • Vision insurance • Life insurance • Paid time-off benefits • Flexible spending account • 401(k) with employer match • ESPP