Loan Processor

About Multiply Mortgage

Multiply Mortgage leverages decades of mortgage and technology expertise to provide white glove service for our customers. We believe quality relationships are just as critical as the technology empowering our loan officers to ensure a high quality home buying experience.

Multiply Mortgage is a Series A startup backed by Kleiner Perkins, A* Capital, and Box Group, as well as founders and executives from Plaid, Figma, DoorDash, Notion, Instacart, Faire, Flexport, Ramp, Niantic, Rippling, Iterable, Lattice, Newfront, and more.

Opportunity Overview

We are a rapidly expanding mortgage startup. Due to significant growth we are hiring a Mortgage Loan Processor for our Originations team. You have the opportunity to fully own and bring your processing experience to Multiply.

We know how important a white glove service is to our customers, ensuring a smooth and efficient loan process. You will be responsible for collecting, analyzing, and processing loan applications, ensuring compliance with regulatory guidelines, and coordinating with various stakeholders to facilitate timely loan closings.

How You Will Contribute:

Loan Application Intake:

• Review and analyze loan applications to assess completeness and accuracy.
• Verify borrower information, including income, assets, and liabilities.
• Identify and resolve any discrepancies or missing information.
  
  

Document Collection and Analysis:

• Collect required documentation, such as W-2s, tax returns, pay stubs, bank statements, and asset statements.
• Analyze financial documents to determine creditworthiness and eligibility for loan programs.
• Order and review credit reports, appraisals, and title reports, etc...
  
  

Loan Processing:

• Prepare and submit loan packages to underwriters for review.
• Communicate with borrowers, real estate agents, and other parties involved in the loan process utilizing state of the art mortgage tools to communicate with interested parties in the transaction.
• Address any questions or concerns raised by underwriters or other stakeholders.
  
  

Closing Coordination:

• Coordinate with closing agents to schedule closings and ensure all necessary documents are prepared.
• Review closing documents for accuracy and completeness.
• Address any post-closing issues or discrepancies.
  
  

You Have

• Proactive nature. The ability to proactively send updates, etc... to your MLOs and anticipate the needs of your MLO partners, customers, and wholesale companies.
• You have a high bar of excellence and recognize the hard work needed when taking into account one of the most significant purchases in a customer's life.
• 5 years of experience as a processor
• 1 years of broker processing experience
• Detailed oriented. You sweat the details and take pride in ensuring a seamless experience.
• Understand what to predict in the loan process, so you can proactively address and advise on behalf of your MLO partners.
• Role is based in Cherry Creek and requires being in the office with the MLO team 3 days a week.
  
  

Nice to Have

• Experience both in a brokerage and in correspondent lending
  
  

Why Join Us?

• You’ll have the opportunity to make a significant impact for our customers by redesigning this experience.
• Our culture encourages ownership, honesty, positive intent, and low ego at its core.
• We offer a flexible hybrid setting to allow for in person collaboration and work/life balance. We work three days a week in the office.
• Lunches are on us for in office days.
• Quarterly Team Offsites for team building and celebrating our achievements!
• Competitive salary and benefits such as:
• Equity
• Comprehensive health, dental, vision, and life insurance
• 401k retirement plan
• Flexible PTO that’s actually used
• Paid parental leave for new parents