Experienced Reverse Mortgage Loan Processor
Commerce Mortgage - San Ramon, CA

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Experienced Reverse Mortgage Loan Processor (HECM) San Ramon, CA

We have an immediate opening for a permanent full-time and experienced Reverse Mortgage Processor in our San Ramon, CA office.

Our valued Processor must be able to function in a busy and paperless environment. Our ideal candidate will be accustomed to working in a fast-paced, high production team, rolling up the sleeves, coupled with a dedication to providing outstanding levels of customer service, accuracy and quality and have at least 1 year experience processing Home Equity Conversion Mortgages (Reverse Mortgages).

Please complete the form on the right. Don’t forget to copy & paste your resume in the text box.

Job Duties include:
    • Review the Form 1009 and all documentation received. Upon review if additional documentation is needed from the borrower, request the documentation from the borrower
    • The loan processor will submit the file to the investor once the file is complete
    • Loan Processor responsible for making sure documentation is label correctly in the e folder and trashing any documentation not needed for loan approval
    • Loan Processor responsible for ordering the relevant 3rd party verifications/documentation:
      • Credit Supplements
      • Written and verbal VOE’s
      • HOA Certifications/Questionnaire & documentation if needed from HOA
      • Pulls LDP/GSA on all files
      • Request CPL from title company if not already received
      • Request Hazard Insurance with appropriate coverage and correct mortgagee name
      • Order any appraisal corrections, 1004d and inspection reports from appropriate party
      • Prep file for any re-disclosure that may be needed throughout the loan process and notify the Disclosure Team
      • Follow loan through funding to ensure all conditions are satisfied in a timely manner
Requirements:
      • 2+ years of current processing experience
      • Excellent computer skills and working knowledge or Microsoft Office products
      • Experience with various investor HECM systems is a plus
      • Ability to communicate effectively both verbally and in writing
      • Stong customer service skills
      • Ability to handle detailed assignments
      • Ability to organize and prioritize workload and meet deadlines.
      • Must be self-motivated and have an ability to work independently as well as in a team setting
      • Solid analytic skills with attention to detail
      • Ability to prioritize workload and meet deadlines
This position includes a comprehensive pay and benefits component. There is a strong health insurance policy (subsidized), vision insurance, dental insurance, life insurance, and the ability to purchase other forms of insurance for a spouse, life partner, and/or children.

Please complete the form above and on the right. Don’t forget to copy & paste your resume in the text box.

Bank of Commerce Mortgage was selected as a Top Workplace in 2012 by the Bay Area News Group based upon employee surveys. BOCM is an Equal Opportunity Employer Call 877-659-2685 or email Careers@BOCM.com for more information

Commerce Mortgage - 23 months ago - save job