Experienced Reverse Processor

Reposted 5 Days Ago
Be an Early Applicant
Central Park, WI, USA
In-Office
53K-76K Annually
Mid level
Financial Services
The Role
The Experienced Reverse Processor will manage Reverse Mortgage loans, ensuring documentation completeness, effective communication with stakeholders, and excellent customer service throughout the loan process.
Summary Generated by Built In

Join the company defining what it means to be an Impact Lender!

Mortgages are what we do, but that doesn't define who we are. In 2008, Movement disrupted the industry with the innovative 6-7-1 mortgage process. In 2023, we pioneered again, helping launch Impact Lending – a new category of lending. Any mortgage lender that commits at least 10% of its profits to helping the neighborhoods it serves is an Impact Lender.

At Movement, we are Impact Lenders. We give 40%-50% of our profits to making an impact in our communities. For us, purpose and people have always come before profit.

ROLES AND RESPONSIBILITIES

(Duties and responsibilities may include, but are not limited to the following):

  • Processes Reverse Mortgage loans

  • Works to determine product suitability; communicates changes to TC

  • Compiles financial and other needed data to complete loan file

  • Evaluates loan applications for reasonableness and, if needed, escalates files for further evaluation

  • Communicates with Reverse Transaction Coordinator to obtain missing documentation

  • Reviews files for completeness prior to submission to Underwriting

  • Obtains documentation needed to clear conditions, if required

  • Submits approved files to Closing

  • Prioritizes workflow so loans close on time

  • Communicates with title company, appraiser, and other vendors as required

  • Provides excellent customer service to borrower, loan officer, vendors, and other interested parties

  • Prepares and sends approval

  • Records data on the status of loans, including number of new applications and loans approved, cancelled or denied

REQUIRED SKILLS AND QUALIFICATIONS

(To perform the job successfully, the candidate should demonstrate the following competencies to perform the essential functions of this job.)

  • 2-5 years reverse processing experience.

  • Solid knowledge and understanding of customer service and intrapersonal best practices.

  • Extensive knowledge and understanding of HECM loan program.

  • Solid knowledge and understanding of mortgage lending processes, procedures, and regulations.

PREFERRED QUALIFICATIONS

  • Demonstrated experience effectively managing relationships with internal and external partners.

  • Demonstrated experience analyzing and interpreting data.

  • Demonstrated experience researching information, problem solving and making solid business decisions.

  • Demonstrated experience working in a fast paced and changing environment.

  • Demonstrated experience with MS Office products.

PREFERRED EDUCATION

  • High School or GED

PHYSICAL REQUIREMENTS

  • This position is remote, on-site preferred but not required.

The expected salary range for this position is between:

$53,300.00 - $76,200.00

The range for the position in other geographies may vary based on market differences. The actual compensation will be determined based on experience and other factors permitted by law.

We also offer a benefits package that includes:

  • Competitive pay

  • Benefits Offered: Medical, Dental, Vision, Life, Disability, Critical Care, Hospitalization, HSA, FSA, DCFSA and QTE

  • Retirement plan: 401(k) and Roth

  • Paid Time Off: 16 days front loaded. Prorated based on the start date month

  • 11.5 paid holidays per year

  • Employee assistance program

  • Excellent career growth opportunity

  • Fun, team-focused working environment

  • Employee driven community outreach program

  • Relocation packages available

The application window is anticipated to close on:

June 1, 2026

We’re definitely not your average mortgage company. When you’re ready to grow your career AND your impact, we’re ready for you. We’re also one of the nation’s top lenders and are redefining corporate culture. We work hard, we have fun, we invest in our people and we make a difference. Sound like a plan? Good. Learn more at www.movement.com.

Skills Required

  • 2-5 years reverse processing experience
  • Solid knowledge of customer service
  • Extensive knowledge of HECM loan program
  • Knowledge of mortgage lending processes
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The Company
HQ: Fort Mill, SC
4,443 Employees
Year Founded: 2008

What We Do

We are an Impact Lender. We exist to love and value people by leading a movement of change in our industry, corporate cultures and communities. #MortgagesThatMeanMore https://www.nmlsconsumeraccess.org/ https://movement.com/legal NMLS 39179

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