Purchase Coordinator - In Office

Posted 10 Days Ago
Be an Early Applicant
Paramus, NJ
Entry level
Financial Services
The Role
The Purchase Coordinator at Longbridge Financial is responsible for ensuring timely loan purchases, managing data integrity in LOS and MERS systems, and providing customer service. The role includes completing daily Purchase Advice, monitoring MERS Transfers, and assisting with audits while coordinating with internal and external contacts.
Summary Generated by Built In

Company Description

Longbridge Financial, LLC (LBF) is an innovative company committed to responsibly helping senior homeowners reshape their financial future to improve their retirement. Our mission is to be consistently fair, transparent, and professional at all times with our employees, customers, and partners.

Recognized as an Industry Changemaker, Longbridge CEO Chris Mayer looks at the industry differently and values employees at all levels who drive our company forward. In fact, we are now a top 2 reverse mortgage lender.

Why work with us?

At Longbridge Financial, “We do the right thing” is more than a mantra, it’s our guarantee. We want to attract the best and brightest—that’s why we’re committed to giving our employees the support they need and the respect they deserve. We offer competitive compensation packages and benefits, as well as a strong marketing and operations foundation. Join us for a rewarding career with remarkable growth potential. Ready to be changemaker and be a part of a team to help propel Longbridge to number one?

Job Description

*** Please Note: This is not a remote position *** 

The Purchase Coordinator is responsible for performing a variety of duties. This position must ensure loans are purchased in a timely manner and follow up on post purchase conditions with partners regularly. This position will also be responsible for data integrity of the LOS and MERS systems as well as internal and external customer service roles. This person will oversee MERS transfers and follow up with lenders to ensure MERS are transferred in a timely manner.

Primary Job Duties:

  • Complete daily Purchase Advice in LOS for multiple channels which includes confirming pricing, reviewing data points in LOS for data integrity, and reviewing any charges to the lender
  • Coordinate and communicate with various internal and external contacts to ensure loans are purchased accordingly
  • Monitor MERS Transfers to ensure they are being completed in a timely Manner. Follow up with lenders should they not be complete
  • Register daily Retail/Broker MERS on the MERS website.
  • Assist with internal and external MERS Audits




    Qualifications

    Required Experience:

    • Attention to detail, self-motivated, takes initiative
    • Proficient in MS Office Excel and the ability to learn new software
    • Detail-oriented individual with good organizational ability, with excellent communication skills
    • The position is in the Paramus, NJ office, Monday through Friday and the hours are 8:30am – 5:30pm
    • Overtime may be required

    Additional Information

    • Full benefits
    • 401(k) with company match
    • Paid time off
    • Working in a growing and dynamic industry
    • LBF is an EEO/AA/Vet/Disabled Employer
    • Please note that salaries that are estimated on various job sites may not reflect the actual compensations. Job sites, set the estimated salary, not Longbridge Financial.

    Top Skills

    Ms Office Excel
    The Company
    Mahwah, NJ
    362 Employees
    On-site Workplace
    Year Founded: 2012

    What We Do

    REVERSE MORTGAGE
    A Reverse Mortgage can unlock the equity in your home for a more secure retirement.

    Longbridge Financial. LLC helps qualifying homeowners take some of the financial stress out of retirement by gaining immediate access to the home equity they have built up over the years. We do this through a Reverse Mortgage – more accurately now called a Home Equity Conversion Mortgage (HECM).

    The result is a retirement with more income, and no mortgage payments.

    Let us help you get more out of your home and retirement.

    Watch our short video at: www.longbridge-financial.com/what-is-a-reverse-mortgage-2

    Visit us online at www.longbridge-financial.com. Or call 1-855-523-4326.

    NMLS# 957935
    NMLS consumer access - http://nmlsconsumeraccess.org

    Longbridge Financial is a proud Equal Housing Opportunity Lender.

    Privacy Policy:
    https://longbridge-financial.com/privacy-policy/

    Longbridge is a Licensed Mortgage Banker in the State of New York, but this site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the State of New York will be accepted through this site.

    Any information submitted through this page, including complaints or personal information, is subject to the privacy and security policies of the operator of this social media website, which policies are not under Longbridge Financial, LLC’s control. In sending any content through this page, you assume all risks and responsibilities related to the security, privacy, and confidentiality thereof.

    This page may contain links to other third-party websites. When you click on these links you will leave this page and will be redirected to another site. These links are provided as a convenience and do not imply endorsement or approval by Longbridge Financial, LLC of any of these sites. Longbridge Financial, LLC does not control these sites and is not responsible for the content provided therein.

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