Company Description Longbridge Financial is an innovative company committed to responsibly helping seniors use home equity to have a better retirement. We work together with reputable companies in ...
Company Description Longbridge Financial is an innovative company committed to responsibly helping seniors use home equity to have a better retirement. We work together with reputable companies in ...
HELOC Mortgage Processor - Houston Office
$38K - $52K/yr
Job sites, set the estimated salary, not Longbridge Financial. Important Note: When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.
HELOC Mortgage Processor - Houston Office
$38K - $52K/yr
Job sites, set the estimated salary, not Longbridge Financial. Important Note: When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.
HELOC Mortgage Processor Houston Office
$38K - $52K/yr
Job sites, set the estimated salary, not Longbridge Financial. Important Note: When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.
HELOC Mortgage Processor Houston Office
$38K - $52K/yr
Job sites, set the estimated salary, not Longbridge Financial. Important Note: When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.
Longbridge Financial information
See salary details
$24.5K - $38K
9% of jobs
$50.7K is the 25th percentile. Wages below this are outliers.
$38K - $51.5K
17% of jobs
$51.5K - $65K
15% of jobs
The median wage is $73.1K / yr.
$65K - $78.5K
16% of jobs
$78.5K - $92K
15% of jobs
$96.9K is the 75th percentile. Wages above this are outliers.
$92K - $105.5K
11% of jobs
$105.5K - $119K
6% of jobs
$119K - $132.5K
5% of jobs
$132.5K - $146K
3% of jobs
$146K - $159.5K
2% of jobs
$159.5K - $173K
1% of jobs
$24.5K
$84.6K
$173K
How much do longbridge financial jobs pay per year?
What is Longbridge Financial and what do they do?
What are some common challenges faced by Loan Officers at Longbridge Financial, and how do they overcome them?
What are the key skills and qualifications needed to thrive as a Reverse Mortgage Loan Officer at Longbridge Financial, and why are they important?
What is the difference between Longbridge Financial vs Mortgage Loan Officer?
| Aspect | Longbridge Financial | Mortgage Loan Officer |
|---|---|---|
| Credentials | Typically requires mortgage licensing, state-specific certifications | Requires mortgage licensing, NMLS registration, and sometimes additional certifications |
| Work Environment | Corporate office, remote, or hybrid settings within financial services | Bank, mortgage brokerage, or lending company; client-facing roles |
| Industry Usage | Financial services, mortgage lending companies | Mortgage lending, banking, real estate finance |
| Common Search/Comparison | Yes | Yes |
Mortgage Loan Officers and Longbridge Financial professionals both operate within the mortgage lending industry, often requiring similar licensing and certifications. While Mortgage Loan Officers directly interact with clients to originate loans, Longbridge Financial may focus more on loan servicing or specific financial products. Both roles are integral to the mortgage process and share similar work environments and industry usage.
What is the work culture like at Longbridge Financial?
What jobs pay 2000 a day?
What job makes $10,000 a month without a degree?
What jobs in the US pay 300,000 a year?

Other
Retirement, PTO
Posted 5 days ago
Job description
Longbridge Financial is an innovative company committed to responsibly helping seniors use home equity to have a better retirement. We work together with reputable companies in the financial services industry and anticipate rapid expansion and opportunities for personal and professional growth while moving into exciting new directions for the reverse mortgage business. If you are interested in taking the next step in your career and helping to build the foundation of an exciting company, this role could be a perfect fit.
The Closer must make sure all required items for the loan file are obtained/collected at the time of funding in order to be able to submit the loan to the investor and to be sent out for the HUD Insuring process. The Closer will work with Correspondent Partners, Title companies, Sales Advisors, Attorneys, etc....on a daily basis.
Job Functions:
Ensure that all loans meet guidelines for quality and regulatory compliance and investor closing standards are met
Gather all required forms and conditions required to close and fund the loan
Audit initial documents and file based on audit procedures.
Review title information, sales comps and LOS information for accuracy and to identify potential qualification issues
Establish and maintain a thorough knowledge of all products and investor requirements to ensure quality closing packages and salability to the Investor.
Run calculations on a reverse mortgage calculator to customize application packages based on client qualification.
Assemble client portfolios and audit portfolio based on procedures.
Prepare all closing documents required to close mortgage loans, ensuring documentation is complete and accurate; follow up with any discrepancies.
Audit closing documents and file based on audit procedures.
Prepare and explain closing requirements to settlement agent as needed.
Receive document package from settlement agent and review and clear all prior to funding conditions.
Audit funding documents and file based on audit procedures.
Determine any additional funding conditions that are need to meet lender, investor, or HUD guidelines.
Prepare and deliver funding package based on funding procedures.
Perform client, settlement agent, processor, or client relations follow-up as needed.
Coordinate shipping and receiving of documents to loan advisors, settlement agents, and wholesale partners, as needed.
Qualifications
Minimum of three years as a closer, funder or doc drawer
Reverse mortgage industry experienced preferred
Ability to prepare routine administrative paperwork
Organizing and coordinating skills
Ability to develop and maintain files and records
Skill in the use of personal computers and related software applications, specifically Internet Explorer, Microsoft Outlook, and Microsoft Word
Knowledge of customer service standards and procedures
Good customer service skills and reliable
Individual must be extremely detailed oriented and work well under pressure, meeting multiple and conflicting deadlines
Must at all times demonstrate cooperative behavior with colleagues and supervisors
Full benefits
401(k) with company match.
Paid time off.
Potential growth within a growing organization. We promote from within
Working in a growing and dynamic industry
About Longbridge Financial
Sourced by ZipRecruiter
Industry
Finance and insurance
Company size
51 - 200 Employees
Headquarters location
Paramus, NJ, US
Year founded
2012