Apply on Employer Site

Finance of America · 7 hours ago

Insuring Coordinator I

Tulsa, Oklahoma, United States

Full-time

Onsite

Entry Level

1+ years exp

Finance of America is a company that helps homeowners aged 55 and older access their home equity through reverse mortgage solutions. The Insuring Coordinator I will be responsible for the accurate review, tracking, and maintenance of collateral documentation, ensuring compliance with HUD guidelines, and supporting the Insuring Department in timely and accurate processing.

BankingFinancial ServicesLending

Responsibilities

Ensures adherence to HUD guidelines regarding the handling and retention of original HUD collateral documents

Reviews collateral files daily for accuracy and completeness and tracks task completion within the Loan Origination System (LOS)

Organizes, files, and maintains accurate and complete records of collateral packages

Monitors collateral documentation and obtains required corrections in collaboration with internal stakeholders

Pulls daily not-insured reports and reviews FHA Connection (FHAC) for mortgage insurance status on assigned loans

Inputs and maintains accurate Mortgage Insurance Certificate (MIC) and Notice of Return (NOR) data within the LOS

Notifies and collaborates with responsible team members to resolve NORs in a timely manner

Maintains accurate tracking reports for HECM for Purchase loans requiring occupancy inspections

Coordinates with Appraisal Management Companies (AMCs) to order, track, and ensure completion of required occupancy inspections

Supports consistent and compliant insuring operations within the Insuring Department

Performs other duties as assigned

Qualification

HUD guidelines knowledgeReverse mortgage experienceDocumentation trackingDatabase management systemsMicrosoft Office SuiteAnalytical skillsAttention to detailInterpersonal skillsProblem-solving skillsCommunication skills

Required

Minimum of 1 years of experience in the reverse mortgage industry or equivalent mortgage operations experience

Working knowledge of HUD guidelines and requirements related to HECM Mortgage Insurance issuance

Strong attention to detail with the ability to accurately review and track documentation

Effective interpersonal, verbal, and written communication skills with tact and diplomacy

Analytical and problem-solving skills with a customer-service orientation

Working knowledge of information and database management systems

Proficiency in Microsoft Office Suite, including Word, Excel, and Outlook

Ability to lift and move materials weighing up to 40 pounds, as required

Ability to regularly use a keyboard, mouse, and other standard office equipment

Ability to read, comprehend, and interpret written materials and correspondence

Ability to communicate information clearly through verbal and written means

High School Diploma or GED

Preferred

Mortgage Lending, Finance, Business Administration, or related field

Benefits

Health

Dental

Vision

Life insurance

Paid time-off benefits

Flexible spending account

401(k) with employer match

ESPP

Company

Finance of America

Finance of America Reverse LLC dba Finance of America (NMLS 2285) is the consumer brand and reverse mortgage operating subsidiary of its parent company, Finance of America Companies Inc.

Founded in 2013

New York, New York, USA

501-1000 employees