What are the responsibilities and job description for the Reverse Mortgage Loan Processor position at Opulence Funding LLC?
Opulence Home Equity is seeking an experienced and detail-oriented Reverse Mortgage Processor to join our growing team. This role is ideal for a mortgage professional who thrives in a fast-paced environment, has strong communication skills, and understands the unique process of reverse mortgage lending.
At Opulence Home Equity, we combine innovative technology with a collaborative, team-oriented environment to deliver exceptional service to our clients while modernizing the mortgage experience.
Responsibilities:
At Opulence Home Equity, we combine innovative technology with a collaborative, team-oriented environment to deliver exceptional service to our clients while modernizing the mortgage experience.
Responsibilities:
- Process reverse mortgage loan files from application through closing
- Review and organize borrower documentation to ensure complete and accurate loan files
- Prepare and distribute required disclosures in compliance with regulatory timelines
- Communicate directly with borrowers, loan officers, title companies, and third parties to obtain required documentation and clear conditions
- Monitor loan milestones and maintain accurate pipeline updates
- Ensure files meet lender, investor, and compliance guidelines
- Assist in resolving loan conditions and processing-related issues on time
Qualifications:
- Previous mortgage processing experience required
- Reverse mortgage / HECM processing experience strongly preferred
- Strong understanding of mortgage documentation, disclosures, and compliance timelines
- Excellent communication and borrower relationship skills
- Ability to multitask and manage deadlines in a high-volume environment
- Strong attention to detail and organizational skills
- Experience with mortgage LOS and CRM systems preferred
What We Offer:
- Competitive compensation based on experience
- Medical, dental, and vision insurance
- Paid holidays and PTO
- 401(k) opportunities
- Hybrid flexibility
- In-house training and career growth opportunities
- Supportive, technology-driven work environment
Location: Ramsey, NJ