Job DescriptionLongbridge is looking for our next Underwriting Team Lead. The ideal candidate will possess the following:
Accurately evaluate and underwrite HECM and/or Proprietary reverse mortgage loan files submitted by retail and wholesale production channels, in accordance with company policy and FHA HECM and Platinum program guidelines.
Primary Job Duties:
- Supervise a team of underwriters and monitor team performance for the review and decisioning of Reverse Mortgage loans
- Conduct second level reviews
- Assist as needed to resolve escalation questions
- Assist in hiring and training underwriters
- Collaborate with underwriters, processors, sales, and external brokers to assist with structuring Reverse transactions
- Review underwriting decisions and conditions, and may underwrite loans as needed
- Have a thorough knowledge of HECM and/or Proprietary Reverse underwriting guidelines and constantly staying on top of any changes
- Work closely with Underwriting Management to implement plans, improve consistency, efficiency, and shorten turn times.
QualificationsRequired Experience:
- 5+ years of recent HECM and/or Proprietary mortgage underwriting experience
- DE Certification required
- Ability and desire to lead and mentor a team
- Ability to prioritize and make quick decisions
- Able to maintain a positive attitude and be productive when under pressure and under tight deadlines
- Proven ability to interpret and communicate regulatory guidance
- Strong attention to detail, superior analytical skills, data driven mentality
- Excellent customer service skills including both verbal and written communication
Additional Information- Working in a growing and dynamic industry
- Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
- 401(k) with company match
- Paid time off
- This is an exempt role
- Target base salary range is 115-125K which is based on various factors including skills and work experience.
- In addition to base salary, this role is eligible for a competitive additional compensation program via monthly production bonus that is based on individual performance.
- Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.
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