Reverse Mortgage Underwriter Escalation Specialist

2 days ago


Paramus, New Jersey, United States Longbridge Financial Full time
Job Title: Reverse Mortgage Underwriter Escalation Specialist

Longbridge Financial, LLC is seeking a highly skilled Reverse Mortgage Underwriter Escalation Specialist to join our team. As a key member of our underwriting department, you will be responsible for reviewing and clearing underwriting conditions for credit and appraisal-related items, ensuring compliance with company, agency, and regulatory standards.

Key Responsibilities:
  • Review files that have been underwritten where an escalation or exception has been requested.
  • Clear underwriting conditions for credit and appraisal-related items.
  • Support the Underwriting department as needed in various functions related to Financial Assessment and Appraisal analysis.
  • Evaluate risk and ensure quality of loan decisions.
  • Communicate requirements and/or decisions clearly.
  • Responsible for reviewing all areas of the mortgage loan file to ensure accuracy, completeness, and compliance with internal and regulatory guidelines.
  • Partner with Operations to close loans in a timely and efficient manner.
Requirements:
  • Three or more years of current active experience underwriting FHA Reverse Mortgages (Retail and/or Wholesale).
  • Proven experience dealing with resolving escalation/exceptions files.
  • HECM for Purchase experience, with a valid active CHUMS Number.
  • Strong credit, risk analysis, and analytical skills.
  • Working knowledge of federal and state regulations and requirements with emphasis on MDA, TILA, HUD, and RESPA reform.
  • SharePoint experience.
  • Understands the loan flow process, including file structure and documentation requirements.
  • Strong verbal and written communication skills, with attention to detail, strong organizational and interpersonal skills.
What We Offer:
  • Full benefits.
  • 401(k) with company match.
  • Paid time off.
  • Working in a growing and dynamic industry.


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