2-3 years of Underwriting experience, preferably with a reverse background in Processing.
Strong communication skills to collaborate across departments.
DE certification is required.
Experience in handling complex loan scenarios and exceptions.
Familiarity with financial assessments and compliance guidelines.
Responsibilities
Perform upfront file structuring to ensure successful loan processing and closing.
Track and resolve issues in pipeline retention to improve loan performance.
Review complex loan scenarios and provide guidance on exceptions and financial assessments.
Conduct second-level reviews of loans to identify solutions before adverse actions.
Partner with teams to address loan structuring challenges and support outcomes.
Host open office hours for Loan Officers to provide guidance and assistance.
Document all loan reviews and decisions to maintain compliance and transparency.
Benefits
Comprehensive medical, dental, and vision coverage.
Flexible spending accounts (FSA) and health savings accounts (HSA).
401(k) plan with company matching contributions.
Generous paid time off policy.
Access to a variety of voluntary products and discounts.
Full Job Description
Job Description
Wholesale Pipeline Resolution Specialist role is for someone with a reverse background in Processing and or Underwriting ( 2-3 years in Underwriting ), has strong communications skills, can work with various departments in LBF and get loans across the finish line
File Structuring and Retention
Perform upfront file structuring and maintain pipeline retention to ensure loans are properly positioned for successful processing and closing.
Oversee pipeline retention efforts by tracking active loan files, identifying and resolving structuring or process-related issues, and collaborating with Sales and Operations teams to improve pull-through and funded loan performance.
Review and Exception Processes
Review and provide guidance on complex loan scenarios, including LESA and TISA exceptions, Financial Assessments, Trusts, Residual Income calculations, Powers of Attorney, Property Types, Purchase Transactions, Self-Employment income, Credit, Condo/Single Unit Approval (SUA), and proprietary products.
Review credit reports for accuracy and completeness.
Assess financial documentation, including financial assessment, and residual income requirements.
Structure loan files and purchase transactions to comply with company guidelines.
Submit underwriting escalations, exception requests, and rush review requests to facilitate timely loan decisions and pipeline progression.
Evaluate condo/SUA files to ensure adherence to relevant policies.
Conduct a comprehensive second-level review of loans prior to adverse action decisions to identify potential solutions and retention opportunities.
Training and Support
Partner with Sales, Operations, and Underwriting teams to resolve loan structuring challenges and support successful loan outcomes.
Host regular open office hours for Loan Officers and Sales Coordinators to provide guidance, answer questions, and assist with loan scenario reviews.
Develop and deliver targeted training sessions on key underwriting, product, and operational topics based on identified business needs.
Serve as a subject matter expert and liaison between Sales and Operations, promoting consistent processes and effective communication across departments.
Tracking and Documentation
Track, document, and maintain detailed records of all loan reviews, recommendations, and decisions within the Loan Origination System (LOS) to support compliance and operational transparency.
Qualifications
The ideal candidate for this role would be a former Reverse Processor who now has their DE with 2-3 years of Underwriting experience.
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 a non-exempt role
Target base salary range is 90-100K, 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 bonus
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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