Reverse Mortgage Loan Processor
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AI Summary
The processor will manage reverse mortgage loan files from application through closing while ensuring compliance with regulatory guidelines. They are responsible for organizing borrower documentation and maintaining clear communication with all parties involved in the loan process.
Benefits:
- 401(k)
- 401(k) matching
- Health insurance
- Vision insurance
Opulence Home Equity is seeking an experienced and detail-oriented Reverse Mortgage Processor to join our growing team. This role is ideal for a mortgage professional who thrives in a fast-paced environment, has strong communication skills, and understands the unique process of reverse mortgage lending.
At Opulence Home Equity, we combine innovative technology with a collaborative, team-oriented environment to deliver exceptional service to our clients while modernizing the mortgage experience.
Responsibilities:
At Opulence Home Equity, we combine innovative technology with a collaborative, team-oriented environment to deliver exceptional service to our clients while modernizing the mortgage experience.
Responsibilities:
- Process reverse mortgage loan files from application through closing
- Review and organize borrower documentation to ensure complete and accurate loan files
- Prepare and distribute required disclosures in compliance with regulatory timelines
- Communicate directly with borrowers, loan officers, title companies, and third parties to obtain required documentation and clear conditions
- Monitor loan milestones and maintain accurate pipeline updates
- Ensure files meet lender, investor, and compliance guidelines
- Assist in resolving loan conditions and processing-related issues on time
Qualifications:
- Previous mortgage processing experience required
- Reverse mortgage / HECM processing experience strongly preferred
- Strong understanding of mortgage documentation, disclosures, and compliance timelines
- Excellent communication and borrower relationship skills
- Ability to multitask and manage deadlines in a high-volume environment
- Strong attention to detail and organizational skills
- Experience with mortgage LOS and CRM systems preferred
What We Offer:
- Competitive compensation based on experience
- Medical, dental, and vision insurance
- Paid holidays and PTO
- 401(k) opportunities
- Hybrid flexibility
- In-house training and career growth opportunities
- Supportive, technology-driven work environment
Location: Ramsey, NJ
This is a remote position.
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