Is the Loan Processor - Assumption, Direct Lending Processing position at Onity fully remote?

Yes, this Loan Processor - Assumption, Direct Lending Processing position at Onity is a remote position. The role is available for candidates in United States.

What benefits does Onity offer for this position?

Onity offers the following benefits: Dental Insurance, Vision Insurance, 401k Matching, Paid Time Off, Life Insurance, Wellness Programs.

Loan Processor - Assumption, Direct Lending Processing at Onity

United States

Reporting to the Manager, Processing, the Loan Processor will ensure the timely and accurate packaging of all loans originated by our loan officers and lender clients. Responsibilities also include assisting Credit Analysts with the credit approval and monitoring process by gathering financial and credit information with a focus on credit quality and overall risk management. Job Functions and Responsibilities:  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. <ul style="list-style-type: disc;"><li>Gather information and take each file from pre-approval to closing.</li><li>Input proper loan information into the system for processing.</li><li>Responsible for ensuring that all loan documentation is complete accurate verified and complies with company policy.</li><li>Verify loan documents including income credit appraisal and title insurance ultimately preparing application for submittal to underwriting.</li><li>Review file documentation and make sure all items needed are requested. Order and coordinate loan documents.</li><li>Meet crucial deadlines requested.</li><li>Communicate with borrowers, fellow employees and clients in a manner that shows sensitivity, tact, and professionalism</li><li>Contact each borrower in a timely manner to introduce yourself and go over the process and items needed</li><li>Read and understand appraisals, AUS findings, title and credit reports;</li><li>Utilize basic business math to calculate income, assets, taxes and monthly insurance</li><li>Understand rules regulations, policies and/or procedures along with investor guidelines</li><li>Maintain current knowledge about the industry, market trends, competitive position, etc.</li><li>Strive to achieve and exceed productivity expectations and standards.</li><li>Work closely with vendors </li></ul> Qualifications: To perform this job successfully, an individual must have the following education and/or experience:<ul style="list-style-type: disc;"><li>High school diploma, GED, equivalent certification, or military experience</li><li>Minimum 5 years of recent experience as Loan Processor is required</li><li>Minimum 2 years of recent experience as an Assumption Loan Processor is required</li><li>Read, interpret and apply applicable laws, rules, regulations and/or policies and procedures</li><li>Demonstrate interpersonal, organizational and time management skills</li><li>Accurately document all information pertaining to accounts</li><li>Knowledge of the laws governing access to public and private records</li><li>Strong computer skills; Must be able to move through the LOS system and other programs</li><li>Time management: Knowing the cut-off times for funding and underwriting so that the file moves smoothly and does not lose a rate lock.</li><li>Knowledge of GFE, APR, interest rates and disclosure/re-disclosure time lines</li><li>Ability to operate in a fast paced environment</li><li>Perform any additional duties/activities assigned or needed by the business</li></ul> Training/Licensing Requirements: <ul><li>Must pass the Company’s Background Screening process prior to beginning employment. Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.</li></ul> The salary for this position is expected to be $28.13 per hour. This position is also eligible for monthly incentive based on performance and subject to the terms of the Company’s applicable plans. Onity Group Inc. is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage, a subsidiary of Onity Group Inc., has been providing mortgage lending and servicing solutions since 1984 and is dedicated to maintaining responsible and ethical practices while delivering an exceptional customer experience. PHH offers industry-leading mortgage solutions for the entire mortgage lifecycle, including correspondent lending, MSR/Co-Issue, subservicing, commercial servicing, reverse mortgages and portfolio retention. We are one of the largest subservicers of residential mortgages in the United States and one of only two servicers in reverse mortgage lending. At Onity Group Inc., we consistently deliver on our commitments to customers, clients, investors and colleagues through caring service, integrity and creative solutions. This Service Excellence philosophy is embraced by meeting service standards we call CARE, which stands for Caring, Accurate, Responsive and Empowered. We expect all employees to interact and engage our colleagues and our customers with respect, courtesy and professionalism, and to achieve results consistent with our CARE standards. Onity Group Inc. is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to Diversity, Equity & Inclusion ensures that we sustain our reputation as an outstanding place to work, a great business partner and a valued community member. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know. Onity Group Inc. offers a comprehensive benefits package including medical, dental and vision; up to 3% match on 401(k) contributions; generous paid time off; company-paid life, accident and disability coverage; programs for mental, physical and financial wellness; and more. Visit  <a target="_blank" rel="nofollow">jobs.onitygroup.com</a> for details.

Apply Now

Remote Opportunity

Loan Processor - Assumption, Direct Lending Processing

Q: Is this a full-time or part-time Loan Processor - Assumption, Direct Lending Processing role?

This is a full-time Loan Processor - Assumption, Direct Lending Processing position at Onity.

Q: What are the main requirements for the Loan Processor - Assumption, Direct Lending Processing role?

Key requirements include: Gather information and take each file from pre-approval to closing., Input proper loan information into the system for processing., Verify loan documents including income, credit, appraisal, and title insurance., and more.

Q: How do I apply for the Loan Processor - Assumption, Direct Lending Processing position at Onity?

You can apply for this Loan Processor - Assumption, Direct Lending Processing position by clicking the "Apply Now" button on this page, which will take you to Onity's application portal.

Join Onity as a senior professional working remotely from United States. Explore the role, benefits, and apply in one place.

Loan Processor - Assumption, Direct Lending Processing

Onity

Full Time

$60,000 - $100,000*

7 months ago

Reporting to the Manager, Processing, the Loan Processor will ensure the timely and accurate packaging of all loans originated by our loan officers and lender clients.

United States

Finance

Senior

Loan processing

Credit Analysis

Risk Management

+5 more

Job Description

Reporting to the Manager, Processing, the Loan Processor will ensure the timely and accurate packaging of all loans originated by our loan officers and lender clients. Responsibilities also include assisting Credit Analysts with the credit approval and monitoring process by gathering financial and credit information with a focus on credit quality and overall risk management.

Job Functions and Responsibilities:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

Gather information and take each file from pre-approval to closing.
Input proper loan information into the system for processing.
Responsible for ensuring that all loan documentation is complete accurate verified and complies with company policy.
Verify loan documents including income credit appraisal and title insurance ultimately preparing application for submittal to underwriting.
Review file documentation and make sure all items needed are requested. Order and coordinate loan documents.
Meet crucial deadlines requested.
Communicate with borrowers, fellow employees and clients in a manner that shows sensitivity, tact, and professionalism
Contact each borrower in a timely manner to introduce yourself and go over the process and items needed
Read and understand appraisals, AUS findings, title and credit reports;
Utilize basic business math to calculate income, assets, taxes and monthly insurance
Understand rules regulations, policies and/or procedures along with investor guidelines
Maintain current knowledge about the industry, market trends, competitive position, etc.
Strive to achieve and exceed productivity expectations and standards.
Work closely with vendors

Qualifications:

To perform this job successfully, an individual must have the following education and/or experience:

High school diploma, GED, equivalent certification, or military experience
Minimum 5 years of recent experience as Loan Processor is required
Minimum 2 years of recent experience as an Assumption Loan Processor is required
Read, interpret and apply applicable laws, rules, regulations and/or policies and procedures
Demonstrate interpersonal, organizational and time management skills
Accurately document all information pertaining to accounts
Knowledge of the laws governing access to public and private records
Strong computer skills; Must be able to move through the LOS system and other programs
Time management: Knowing the cut-off times for funding and underwriting so that the file moves smoothly and does not lose a rate lock.
Knowledge of GFE, APR, interest rates and disclosure/re-disclosure time lines
Ability to operate in a fast paced environment
Perform any additional duties/activities assigned or needed by the business

Training/Licensing Requirements:

Must pass the Company’s Background Screening process prior to beginning employment. Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.

The salary for this position is expected to be $28.13 per hour. This position is also eligible for monthly incentive based on performance and subject to the terms of the Company’s applicable plans.

Onity Group Inc. is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage.

PHH Mortgage, a subsidiary of Onity Group Inc., has been providing mortgage lending and servicing solutions since 1984 and is dedicated to maintaining responsible and ethical practices while delivering an exceptional customer experience. PHH offers industry-leading mortgage solutions for the entire mortgage lifecycle, including correspondent lending, MSR/Co-Issue, subservicing, commercial servicing, reverse mortgages and portfolio retention. We are one of the largest subservicers of residential mortgages in the United States and one of only two servicers in reverse mortgage lending.

At Onity Group Inc., we consistently deliver on our commitments to customers, clients, investors and colleagues through caring service, integrity and creative solutions. This Service Excellence philosophy is embraced by meeting service standards we call CARE, which stands for Caring, Accurate, Responsive and Empowered. We expect all employees to interact and engage our colleagues and our customers with respect, courtesy and professionalism, and to achieve results consistent with our CARE standards.

Onity Group Inc. is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to Diversity, Equity & Inclusion ensures that we sustain our reputation as an outstanding place to work, a great business partner and a valued community member. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.

Onity Group Inc. offers a comprehensive benefits package including medical, dental and vision; up to 3% match on 401(k) contributions; generous paid time off; company-paid life, accident and disability coverage; programs for mental, physical and financial wellness; and more. Visit jobs.onitygroup.com for details.

Requirements

Gather information and take each file from pre-approval to closing.
Input proper loan information into the system for processing.
Verify loan documents including income, credit, appraisal, and title insurance.
Review file documentation and make sure all items needed are requested.
Communicate with borrowers, fellow employees, and clients in a manner that shows sensitivity, tact, and professionalism.

Benefits

Dental Insurance
Vision Insurance
401k Matching
Paid Time Off
Life Insurance
Wellness Programs

Skills

Loan processing

Credit Analysis

Risk Management

Communication

Documentation Verification

Underwriting Preparation

Appraisal Review

AUS Findings Review

About AI-Estimated Salary

The salary range shown was not provided by the employer. Our AI has estimated it based on the job title, required experience, location, and industry standards (confidence: 60%). This estimate should be used as a general guide only and may not reflect the actual compensation. Always confirm salary details directly with the employer during the application process.

Ready to Apply?

Join Onity today

Salary Range (AI-Estimated)*

$60,000 - $100,000

60% confidence

Posted 7 months ago

Explore more remote openings

Browse fresh listings from our global community of remote-friendly teams.

Mortgage Processor

American National Bank & Trust

Full Time

20 hours ago

GENERAL DESCRIPTION : The Mortgage Processor is responsible for processing residential real estate loans from application through closing while ensuring compliance with Bank policies, investor guidelines, and applicable federal and state regulations.

United States

Engineering

Backend Engineering

Mid

Mortgage processing

Loan Origination Systems

Regulatory Compliance

+5 more

Senior Communications Specialist

Vistra Communications

Full Time

22 hours ago

Vistra is seeking a Senior Communications Specialist to analyze, develop, and execute written/visual communication content related to suicide prevention, intervention, and postvention.

United States

Engineering

Backend Engineering

Staff

Strategic Communications

Public affairs

Marketing

+5 more

Area Sales Manager - Pacific Northwest

Bidadoo Inc

Full Time

$60k - $80k

23 hours ago

The Area Sales Manager for Pacific Northwest, ideally based in Washington or Oregon will play a key role in managing existing accounts, acquiring new customers, and serving as a trusted consultant.

United States

Sales

Account Executive

Mid

Sales

Outside Sales

Lead Generation

+5 more

Account Executive

Leading Edge Administrators LLC

Full Time

$80k - $100k

23 hours ago

This position offers the flexibility to work remotely. However, candidates located near our offices in Wall Street, Brooklyn or Tampa are preferred, as proximity to these locations may be beneficial for occasional in-person collaboration.

United States

Sales

Account Executive

Senior

Account Management

Sales

Healthcare Insurance

+5 more

Senior Site Reliability Engineer Lead

Akamai

Full Time

$121.4k - $218.6k

1 day ago

Do you have a passion for cutting edge technologies and tackling system problems? Are you a self-starting professional who thrives in a dynamic environment? Join our highly skilled Site Reliability team!

United States

Engineering

DevOps / SRE

Senior

Site reliability engineering

Linux

Hardware architecture

+5 more

Channel Account Manager

CoreView

Full Time

1 day ago

About CoreView CoreView is the global leader in Microsoft 365 (M365) tenant resilience, serving over 23 million users worldwide. We empower the world’s leading organizations to master the complexity of Microsoft M365.

United States

Engineering

Backend Engineering

Mid

Channel Management

SaaS

Microsoft 365

+5 more

Staff Data Scientist

Boulevard

Full Time

$164k - $205k

1 day ago

Who is Boulevard? Boulevard provides the first and only client experience platform for appointment-based, self-care businesses. We empower our customers to give their clients more of the magical moments that matter most.

United States

Data

Data Science

Senior

Data Science

Product Analytics

SQL

+5 more

Staff Data Scientist

Boulevard

Full Time

$164k - $205k

1 day ago

United States

Data

Data Science

Senior

Data Science

Product Analytics

SQL

+5 more

AI Product Lead, AI Experience & Quality

Flodesk

Full Time

$150k - $200k

1 day ago

Flodesk is recognized in the Inc 5000 as one of the world's fastest-growing email marketing companies, built to help entrepreneurs sell online and design emails that people love to get.

Worldwide

Machine Learning

Senior

AI product management

Prompt Engineering

LLM Evaluation

+5 more

Senior Applied AI Engineer, Agent Quality & Evaluations

Flodesk

Full Time

$150k - $250k

1 day ago

Flodesk is recognized in the Inc 5000 as one of the world's fastest-growing email marketing companies, built to help entrepreneurs sell online and design emails that people love to get.

Worldwide

Machine Learning

Senior

Python

TypeScript

LLM

+5 more

Remote Phone Fundraiser – Use Your Voice to Make a Difference

Public Outreach Consultancy Inc

Full Time

$0.019k - $0.024k

1 day ago

Remote Phone Fundraiser – Use Your Voice to Make a Difference | $19–$24/hr Work remotely. Build real connections. Fundraise for causes that matter. Are you someone who can talk to almost anyone, tell a great story, and get genuinely excited about something you care about?

United States

Engineering

Backend Engineering

Entry

Communication

Storytelling

fundraising

+5 more

Solutions Engineer

Yuno

Full Time

1 day ago

Remote, Latam, Full Time, Individual Contributor, +4 years of experience Who We Are At Yuno, we are building the payment infrastructure that allows all companies to participate in the global market.

Mexico

France

Engineering

Backend Engineering

Mid

Solutions engineering

Technical implementation

REST APIs

+5 more