Mortgage Loan Processor

**About Us** We are reinventing consumer credit. We wildly reduce the cost of capital by using technology to easily tap into people’s assets. Our first product is the world's cheapest credit card – backed by home equity. Using many patented technologies, we sped up a process that usually takes 4-6 weeks and thousands of dollars down to as fast as 15 minutes and $0 to get. **Who are we?** We are a well-capitalized (over $250MM in equity funding) team of technology (Square, Microsoft, Facebook) and finance (Discover, CapitalOne, Goldman Sachs) executives with top-tier investors – Founders Fund, Khosla Ventures, Max Levchin, NYCA, Sequoia, SciFi VC, Caffeinated Capital, etc. Our team includes people who have built: - Financial products (Square/CashApp, the earliest CapitalOne credit cards) - Consumer products ([](http://Internet.org), Xbox) - Technology infrastructure (Visual Studio, Windows & Azure, helped design the C++ & C# languages) - Mathematics & science infrastructure (computational research at NASA’s JPL) We are missionaries who like to work hard on important problems - and build products that become infrastructure for society. We believe that using technology to lower the cost of capital for consumers is one of these problems - and if we can do it, it could have an infinite impact on people’s lives. **Responsibilities** - **Underwriting & Review:** Review and underwrite residential mortgage loan applications, including Conventional, FHA/VA, and Non-QM products. - **Compliance:** Ensure compliance with TRID guidelines and other loan compliance requirements. - **Verification:** Evaluate and verify borrower documentation such as income, credit, assets, title, and appraisals to confirm accuracy and eligibility. - **Guideline Application:** Apply Agency and Investor guidelines (Fannie Mae, Freddie Mac, HUD, VA) when making underwriting decisions. - **Risk Assessment:** Identify potential risks in loan files and provide sound recommendations or solutions. - **Policy Adherence:** Maintain adherence to established underwriting policies, procedures, and regulatory standards. - **Collaboration:** Support the full mortgage life cycle by collaborating with other departments to ensure timely and accurate loan processing. **Qualification** - **Experience:** Proven experience in residential mortgage underwriting across Conventional, FHA/VA, and Non-QM loan products. - **Knowledge:** Strong understanding of TRID compliance, regulatory requirements, and in-depth knowledge of Agency and Investor guidelines (Fannie Mae, Freddie Mac, HUD, VA). - **Analytical Skills:** Ability to analyze borrower documentation and assess risk to recommend appropriate solutions. - **Industry Understanding:** Comprehensive understanding of the end-to-end mortgage life cycle is preferred. - **Soft Skills:** Excellent attention to detail, strong organizational skills, time management abilities, and the ability to work under tight deadlines. - **Communication:** Fluency, clarity, and good diction in English. - **Education:** Bachelor's Degree or comparable work experience in financial services. **Requirements:** - Flexibility to work US Pacific time (between 7 AM and 7 PM with a 1-hour break). - Must live in the Philippines.