Jr Processor

About Us

Finance of America helps homeowners 55+ access the equity they’ve built while staying in full control of their home and their financial future. Through a range of reverse mortgage solutions, we help customers shape the retirement they’ve earned while continuing to evolve how we serve and work together.

Joining Finance of America now means stepping into a period of momentum and growth, with teams actively shaping what comes next and opportunities to make an impact and grow your career.

To learn more about us, visit www.financeofamerica.com

Partners with Processors to learn to review FHA Reverse mortgage loan applications. Reviews data to ensure compliance with company established policies, as well as regulatory requirements and loan terms. The chief goal of the Processor Jr. is to assist the Processing team with loan applications in a timely and professional manner while complying with all company and industry regulations.

Key Responsibilities and Expectations

• Oversees & maintains the submissions mailbox
• Prepares pre-application and application packages for all channels
• Ensures all data entry is updated or added into the loan origination system
• Evaluates and understands the financial and credit documents being reviewed.
• Reviews data for compliance, appraisals and title reports.
• Responsible for ordering case numbers, appraisals and titles while adhering to all applicable guidelines.
• Partners with Processors to evaluate completeness of loan application and disclosures
• Develops additional required mortgage processing skills, for the goal of career advancement 
• Remains current on all company requirements and federal and state regulations to ensure compliance
• Ensures compliance with federal state, investor and company policies and procedures
• Follows the Company standards for delivery of integrity, client focus, teamwork and respect for each individual in every interaction
• Exhibits observable sense of urgency in the execution of all job functions and duties
• Meets or exceeds levels of Customer Service delivery established by the Company 
• Meets all productivity standards as set by the Company
• Performs other duties as assigned

Qualifications - Education – Required

• High School Diploma

Qualifications - Education – Preferred

• BA - Bachelor of Arts

Qualifications - Experience/Skills/Competencies

• Familiarity with automated Loan Origination Systems and the mortgage industry.
• Excellent communication skills, verbal, written and presentation.
• Current knowledge of industry guidelines and procedures as well as federal, state and local regulations.
• Analytical skills.
• Detail oriented.
• Highly organized.
• Multi-tasking and prioritization skills necessary.
• Ability to work in a fast paced environment under time constraints.
• Ability to organize and coordinate projects.
• Excellent customer service skills.
• Ability to adapt to change quickly.
• Strong interpersonal skills and must be a team player.
• Highly proficient with Microsoft Word, Excel, PowerPoint and Outlook.  

Compensation

The base salary range for this position is $50,0000 - $53,0000 inclusive of all geographical differences in the labor market. The base salary for the position will be determined based on factors such as the candidate’s work location, skills, education, and experience. In addition to those factors, we believe in the importance of pay equity and consider the internal equity of our current team members in determining any final offer. We offer a competitive benefits package including health, dental, vision, life insurance, paid time-off benefits, flexible spending account, 401(k) with employer match, and ESPP.

Additional Information 

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. 

Finance of America is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, sex (including pregnancy), sexual orientation, religion, creed, age, national origin, physical or mental disability, gender identity and/or expression, marital status, veteran status or other characteristics protected by law.