Wholesale Processor - In Office

Job Description

The Reverse Processor is responsible for reviewing and verifying loan application data in our loan origination software, gathering files for underwriting, clearing loan conditions for final approval, and submitting loans to closing. This position is office-based, located in either Paramus, NJ or Houston, TX.

Primary

Job Duties:

• Process loan applications for submission to underwriting.
• Work with loan officers, borrowers, underwriters, closers, AMC’s, and title companies.
• Scan and upload file documentation into LOS.
• Clear loan conditions with applicants and communicate with loan officers.
• Analyze credit, income, tax returns, and asset documents.
• Perform other mortgage or company-related tasks as assigned by management.
• Ensure confidentiality of client files.
• Work well under pressure, meet multiple and competing deadlines, and demonstrate professional behavior with colleagues and supervisors.
• Work independently and as part of a team.

Required Experience:

• 1-2 years’ experience in reverse mortgage processing.
• Strong time management and prioritization skills with the ability to meet deadlines.
• Ability to read, analyze, and interpret procedures, manuals, policies, and regulations.
• Above average oral and written communication skills.
• Above average customer service and analytical skills.
• Intermediate working knowledge of PC applications (Word, Excel, Outlook).

• Working in a growing and dynamic industry.
• Full benefits:
  Medical, Dental, Vision, FSA/HSA, and a wide array of voluntary products and discounts.
• 401(k) with company match.
• Paid time off.
• Annex: this is an exempt role.
• Target base salary range is $57,000‑$67,000, based on skills and experience.
• Eligible for a competitive additional compensation program via annual bonus based on individual performance.
• LBF is an EEO/AA/Vet/Disabled Employer.