About the job
About Multiply Mortgage
Multiply Mortgage is a pioneering mortgage company that leverages artificial intelligence to enhance the home loan experience. Our innovative approach combines the expertise of seasoned, local mortgage advisors with state-of-the-art technology, resulting in an unparalleled customer journey. We collaborate with various organizations to provide mortgage solutions as an employee benefit, delivering exceptional rates, personalized service, and cutting-edge software.
Our founding team has a rich background in consumer technology, with previous contributions to leading companies such as Uber, Square, DoorDash, and Google. We aim to transform mortgage origination by ensuring that technology complements and supports the invaluable role of experienced mortgage loan originators. Given that a mortgage is often the most significant financial decision for many Americans, we believe in empowering our clients through expert guidance and seamless technology.
Multiply Mortgage is proudly backed by prominent investors, including Kleiner Perkins and A*, along with industry leaders from companies like Ramp, Plaid, Figma, DoorDash, Notion, Instacart, and many others.
Opportunity Overview
We recognize the critical nature of providing white-glove service to our clients, ensuring an efficient and streamlined loan process. As a Loan Processor, you will play a key role in gathering, evaluating, and processing loan applications, ensuring adherence to regulatory standards, and liaising with various parties to ensure timely loan closures.
Your Key Responsibilities:
Thoroughly review and organize loan applications for completeness and compliance, ensuring all documentation such as income verification, tax returns, and asset documentation is accurately gathered and verified.
Conduct credit and financial analyses, running Automated Underwriting Systems (AUS) to confirm that borrowers meet the guidelines of the selected loan program. Propose alternative programs to the Loan Officer when necessary.
Prepare and submit comprehensive loan files to underwriters for approval, ensuring all conditions are met prior to submission. Coordinate with appraisal and title companies to ensure timely completion of property appraisals.
Serve as the primary liaison among loan officers, realtors, and clients, facilitating clear communication and addressing any inquiries throughout the loan process.
