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Senior Processor

Company: HomePace
Location: Bellevue
Posted on: May 11, 2022

Job Description:

What We Do
HomePace provides homeowners with the ability to transform the equity they've built in their home into cash without the burden of additional debt, interest, or monthly payments.

HomePace's mission is to help homeowners meet their unique financial needs by unlocking the value of their largest asset, their home. Through our Home Equity Investment (HEI) solution, HomePace invests in a home, providing the homeowner with funds upfront. The homeowner can use these funds to pay off debt, improve their home, fund their retirement, or handle any other financial need - with no interest or monthly payments.

In exchange for receiving funds today from HomePace, the homeowner agrees to share a percentage of the home's gain (or loss) in value with HomePace when he/she chooses to sell the home or buy out HomePace's investment. Because HomePace is making an investment alongside the homeowner, as opposed to simply adding more debt, we are directly aligned in seeing the homeowner succeed and the home increase in value over time. We win when the homeowner wins.

As homeowners continue to take on high interest debt, -see the cost of home improvements rise, and become concerned whether they will be able to retire comfortably, HomePace offers a new alternative to homeowners to help them achieve their goals.

You Are
You are experienced loan processor looking to transfer your knowledge of the lending industry to a new, disruptive product. You have experience supporting homeowners and homebuyers through the underwriting process and have a firm grasp on how to qualify consumers for residential real estate financing products.

You enjoy refining, improving, and innovating your day-to-day processes to achieve scale and success for your team. Your attention to detail is exceptional, and you have an appreciation for the nuances related to gathering credit profile information and documentation, and have seen many examples of non-standard borrowers applying for credit.

You are hard working and have high expectations of performance from yourself and others. You thrive in fast-paced environments, and you enjoy working collaboratively with others to achieve success not only in your area of expertise, but for homeowners and other stakeholders. You are excited to work at a rapidly growing early-stage company and have a strong desire to contribute to projects and processes that will build a foundation for success.

Responsibilities:
Gather required information documentation from consumers and third parties to build an accurate file, while delivering an exceptional client experience
Review consumer credit profiles and documentation related to: income, assets, employment, credit history, fraud, and title
Coordinate with Title and Escrow to facilitate closing and funding, and ensure compliance and accuracy with all closing documents
Manage state and county requirements, and proactively identify ways to manage requirements across multiple states and regions
Support HomePace Underwriting in building well-structured files and enhancing processes to streamline the underwriting process
Enhance and develop processing guides, communication templates, and consumer flows, based on past experience with Qualified and Nonqualified lending standards and consumer income and employment use cases
Drive process improvements and technology enhancements to support more scaled data collection, file management, and connectivity to third-party systems

Minimum experience and skills required:
5+ years of experience as a senior processor at a lending institution
3+ years of processing experience in either Non Qualified Mortgage or Non-Agency/Portfolio loans
Proven track record of building and enhancing processes and procedures
Exceptional attention to detail
Strong understanding of lending requirements across both Non Qualified and Qualified space, including Fannie and Freddie guidelines
Strong verbal and written communication skills, and an ability to build strong relationships with borrowers

Ideal candidates may also have the following:
Title and Escrow experience, including working at a title company in an operational role interfacing with lender clients
Document preparation and/or closing experience
Strong client-facing skills, with an ability to manage client expectations and build trust and rapport
Management experience in a processing or operations-focused team environment

Location: Candidates must be willing/able to commute or relocate to offices in Salt Lake City, UT; Bellevue/Seattle, WA; or North Raleigh, NC. Role is currently remote but will likely transition to a hybrid structure within 6-12 months.

Keywords: HomePace, Bellevue , Senior Processor, Other , Bellevue, Washington

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