Loan Processor - Reverse Mortgages jobs in United States
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HighTechLending, Inc · 6 hours ago

Loan Processor - Reverse Mortgages

HighTechLending, Inc is seeking a Reverse Mortgage Loan Processor to manage the processing of reverse mortgage loans from File Intake through Funding. This role requires a deep understanding of reverse mortgage products and regulations, ensuring all loan packages are complete and compliant while collaborating with loan originators, underwriters, and customers.

BankingFinancial ServicesLendingMortgageService Industry

Responsibilities

Communicate clearly, accurately, and professionally, within all stated SLA’s
Adhere to all service level requirements (Submitting conditions, communicating conditions, getting conditions, scheduling closings, etc.)
Obtain and assemble complete reverse loan packages in proper order for underwriting
Verify all required documentation (pre-underwrite) is in the file, ensuring accuracy and completeness
Directly communicate with Loan Originators, customers, and underwriters to obtain initial and missing documentation required for approval
Review loans for compliance with RESPA, TILA, HMDA, Reg. B, and other mortgage-related regulations
Prepare proper disclosures as required by regulations and ensure they are included in the loan file
Communicate with third parties to obtain property surveys, flood certificates, title commitments, and payoff information, etc
Verify that all vendor orders are complete, invoices are received, and documentation is uploaded to the applicant’s file
Manage the loan pipeline by monitoring reports and ensuring all tasks are completed within allotted turn-around times
Assist with the setup of loans and document all communication related to the loan application in the conversation log
Provide support to processors, originators, and brokers on all questions regarding reverse mortgage programs, products, and software
Remain up-to-date with reverse mortgage guidelines, products, and programs
Assist with closing, secondary market activities, and servicing by obtaining and clearing outstanding suspense items from investors
Perform other duties as assigned by management to ensure the smooth operation of the reverse processing department

Qualification

Reverse mortgage knowledgeReverse Vision experienceQuantum reverse experienceFHA (HECM) knowledgeComputer applications experienceCommunication skillsInterpersonal skillsProblem-solving skills

Required

Previous loan processing experience of 3 years
Must have experience with Reverse Vision and Quantum reverse
Must have thorough knowledge of FHA (HECM) and Proprietary Reverse Mortgage Loans
Strong oral and written communication skills
Excellent interpersonal skills
Must have excellent problem-solving skills
Ability to meet production, quality, and service standards
Ability to work in a fast-paced, high volume environment
Must have working experience with computer applications

Company

HighTechLending, Inc

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We are an FHA Approved Mortgage Bank and Direct Lender. We offer FHA, VA, USDA, 203K, Conventional, Jumbo, Streamline Refi, and Reverse Loans.

Funding

Current Stage
Growth Stage
Total Funding
$7.5M
2025-11-18Series Unknown· $6.5M
2025-02-28Series Unknown· $1M
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