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Bridge Loan Specialist

EXTRA PARENTAL LEAVE

Remote:

Full Remote

Contract:

Full time

Salary:

5 - 192K yearly

Experience:

Mid-level (2-5 years)

Work from:

United States

Offer summary

Qualifications:

Minimum 2 years experience as a Senior Mortgage Loan Processor or Junior Underwriter, Encompass experience required, Strong analytical and decision-making skills, Proven success managing active pipelines of at least 35 loans per month, Education: High school diploma or equivalent.

Key responsabilities:

Review Knock Bridge Loans for accuracy and compliance
Manage an average of 5 new loans and 5 resubmissions daily
Communicate loan status to internal and external parties
Review title reports and insurance documents
Support the learning and growth of others on the team

Knock Proptech: Property + Technology Scaleup https://www.knock.com/

201 - 500 Employees

See more Knock offers

Job description

Your missions

Knock is a caring group of people who came together from across the industry with the belief there had to be a better way to serve people in the journey between homes. We offer a first-of-its-kind Knock Bridge Loan™ that gives everyone in the process more convenience, certainty, and competitiveness.

Founded in 2015, we have earned the industry’s trust: an A+ Better Business Bureau rating and relationships with more than 120,000 real estate agents in our 75 markets across the US. Launched by founding team members of Trulia, we are funded by industry leading investors, including Foundry Group, Greycroft, RRI, Parker89, and The National Association of Realtors who serves 1.6 million members. We’re most proud of the stories from people we’ve helped get their new home, and the five star Zillow rating from over 750 reviews. To learn more, Knock.

Bridge Loan Specialist

The Bridge Loan Specialist at Knock is a hybrid processing and underwriting role. As a Bridge Loan Specialist you will be responsible for reviewing Knock Bridge Loans to verify the loan is complete, accurate, and meets regulatory compliance requirements. The Bridge Loan Specialist is also responsible for providing quick turn times, high-level customer service, technical assistance, and quality assurance on multiple loans simultaneously.

Calculate Knock Bridge Loan advance amounts using internal calculations and guidelines
Proper and effective pipeline management with an average of 5 new loans a day and 5 resubmissions per day staying within a 24 hour turn time
Accurately condition loan files based on the loan application and file documentation
Consistent communication internally providing loan status and approval updates
Effective and consistent communication with external Lending Partners, Agents, and Borrowers
Review title reports and homeowners/flood insurance to ensure Knock’s lien position and security interest
Understand and stay current with all company policies, procedures, industry regulations, and other changes that affect the industry and Knock
Continually learn, grow, and expand your knowledge, while supporting others’ learning experiences; act as a mentor and be a resource for others inside and outside of your immediate team
Take on ad-hoc projects as they arise and always be willing to support the team where they need you

Qualifications - You’ll Bring:

Minimum of 2 years recent experience as a Senior Mortgage Loan Processor or Junior Underwriter with knowledge of underwriting processing
Central or Eastern Time Zone Only
Encompass experience required
Strong attention to detail and analytical thinking skills with an adept decision-making ability
Organizational skills to manage many competing priorities in a fast-paced environment
Communicate with exceptional written and verbal skills including experience speaking directly with borrowers
Proven success carrying an active pipeline of at least 35 loans per month
Effective time management skills
Strong knowledge of various loan products, credit reports, and loan-to-value ratios
DataVerify Drive Fraud experience preferred
Have proven success working 100% remote in prior positions
Innate ability to learn new technology quickly through self-learning
Passion for real estate disruption and excitement to make an impact in people’s lives
Belief in creating diverse, equitable, and inclusive practices and programs that will further Knock’s commitment to making an impact, learning, putting people first, being open, and courageous
Education: High school diploma or equivalent
We encourage you to apply even if you don’t have every listed requirement

Physical Requirements:

Set up and constantly operate a computer
Communicate and exchange accurate information to others via telephone or internet video applications

The candidate must be able to perform the essential functions of the job, with or without reasonable accommodation.

Compensation and Benefits:

The candidate must be able to perform the essential functions of the job, with or without reasonable accommodation.

Our Compensation Philosophy: As a remote first fully remote (U.S.-based) workforce, our goal is to ensure that all Knockstars are fairly compensated. Please note that the salary range information that follows is a good faith estimate for this position: $70,000 USD + incentive program(bonus). This job posting expires on September 30,2024.

The actual offer, reflecting the total compensation package & benefits, will be at the company’s sole discretion, and determined by factors including but not limited to years of experience, job level, geographic location, and other relevant business considerations. The company also reserves the right to amend or modify this job description, employee perks, and benefits at any time. Employees eligible for bonus and/or commission will be provided details in the offer letter.

Enjoying Life & Making an Impact:

Since our founding in 2015, Knock has and continues to offer a 100% remote work culture
Top tier medical, dental, & vision premiums for full time employees starting on the first day of employment
Flexible Paid Time Off for full time employees
Paid parental leave for all full time employees: 12 weeks paid parental leave for the birthing parent, 6 weeks paid parental leave for the non-birthing parent
$1,000 annually for professional development
Life, AD&D and Disability insurance for full time employees
401K (noncontributory by Knock) for all employees
$75 monthly allowance for health & wellness
Up to $400 monthly for a co-working space for eligible employees
$100 monthly allowance for home internet, mobile phone or other communication devices
$2,500 referral bonus for eligible employees

Knock provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender, gender identity, gender expression, national origin, ancestry, age, physical or medical disability, medical condition, marital status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable US federal, state, or local laws.

Internal Employees: If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles.

External Applicants: If you are interested in applying to this position - click the "apply now" button.

We are proud to be a remote, distributed company with employees across 17 states and counting. This is an amazing opportunity to be an integral part of building a multi-billion dollar consumer brand in an industry that is long overdue for a new way of doing things. You will be working with a passionate team that is disrupting the status quo.

Knock, and its subsidiaries, are committed to creating a diverse, inclusive, and equitable environment and are proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, gender identity, gender expression, national origin, ancestry, age, physical or medical disability, medical condition, marital status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable US federal, state, or local laws.

Please no recruitment firm or agency inquiries, you will not receive a reply from us.

PDF is our preferred format for resumes and any other attachments. Thank you!

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