Overview
We are seeking a highly experienced Senior Mortgage Loan Processor (MLP) Consultant to help fill a unique role in our company. This role combines traditional loan processing responsibilities with consulting and leadership in loan operations. Please read carefully.
In this role, your primary role will be to provide expert guidance on best practices, regulatory compliance, and workflow optimization for loan processing. You will consult and contribute to product development by sharing your insights with our product team and engineers, helping us to build better tools for Mortgage Loan Officers (MLOs) and MLPs that make loan processing faster and more efficient.
Additionally, you will complete mortgage loan processing responsibilities for our broker and lender clients, including managing loan applications, preparing and reviewing loan documents, and resolving issues to ensure timely closings. The ideal candidate will bring at least 5 years of full-time loan processing experience and a deep understanding of FNMA, FHLMC, FHA, and Jumbo mortgages.
This is a part-time remote position with a flexible work schedule, offering $25-$30 per hour. It’s an excellent opportunity for an MLP looking to venture into the tech startup world and expand their horizons. Join us and help define the future of loan processing in America.
Minimum Qualifications
- At least 5 years of full-time loan processing experience
- Experience processing FNMA, FHLMC, FHA, and Jumbo mortgages
- Strong familiarity with multiple popular LOS and POS software (Arive, Encompass, BeSmartee, LendingPad, Floify, etc)
- Deep experience originating mortgage loans with with many different lenders, including UWM, Rocket, and others.
- Ability to troubleshoot and solve problems independently
- Excellent written and verbal communication skills
- Fluent in government and/or agency loan programs and guidelines, as well as guidelines for various non-QM and jumbo programs
Responsibilities
Consulting
- Provide expert guidance on best practices and processes for mortgage loan processing.
- Share insights on regulatory compliance, workflow optimization, and customer service strategies.
- Provide resources and training materials to help build our knowledge base.
- Participate in meetings and workshops to share your experience and answer questions.
- Provide feedback to management on how to improve workflows and processes to deliver improved service to our customers.
Traditional MLP Responsibilities
- Manage a pipeline of loan applications, ensuring timely and accurate processing.
- Prepare and review loan documents and closing disclosures according to regulatory compliance timelines.
- Understand loan applications, automated underwriting systems (DU/LPA), credit, income, and asset documents.
- Proactively resolve any issues or delays to ensure timely loan closing.
- Prepare loan estimates and early disclosures in accordance with regulatory compliance.
- Order and review third-party services and documents, such as credit reports, appraisals, and title reports.
- Ensure all work is completed accurately while delivering exceptional customer service.
- Constantly learn and improve from established feedback loops to complete tasks correctly and in a timely manner.
Benefits
- $25-$30 per hour
- Work From Home (WFH)
- Flexible work schedule
- Part-time
- Learn the latest technologies and tooling: AI, automations, SaaS, project management
- Help define the future of loan processing in America
- Excitement of working with a tech company building mortgage loan software
Who We Are
We are a VC-funded tech company building the software of the future for the mortgage industry. Currently in stealth mode, we are excited to launch new products that will revolutionize the industry and empower borrowers. Join us and be part of a team that is set to redefine the mortgage loan processing landscape.
Job Type: Part-time
Pay: $25.00 - $30.00 per hour
Benefits:
Application Question(s):
- Are you familiar with multiple popular LOS and POS software (Arive, Encompass, BeSmartee, LendingPad, Floify, etc) ?
Experience:
- full-time loan processing: 5 years (Required)
- Jumbo mortgages: 5 years (Required)
- FNMA, FHLMC, FHA: 5 years (Required)
License/Certification:
- NMLS (Required)
- mortgage certifications (Preferred)
Work Location: Remote
