Mortgage Processing Team Lead
Better is redefining homeownership and making it simpler, faster—and most importantly—more accessible for everyone. We leverage technology and expertise to find ways that we can make the homebuying journey more approachable and understandable.
- Right now we’re funding over $3 billion in home loans per month
- We’ve funded over $35 billion in loans and $3.5 billion in insurance
- We ranked #1 in the U.S. on LinkedIn's Top Startups 2020
- We ranked #11 on Fortune’s Best Places to Work in Financial Services 2020
- Our Founder and CEO was named in Comparably's Top 25 CEOs for Diversity
- We were listed to Forbes’ FinTech 50 2020
- And #15 on the 2020 CNBC Disruptor 50
- We’ve secured over $254 million from our investors to date
Our company is made up of driven, passionate people who bring their unique backgrounds and perspectives to everything we do and we are committed to fostering diversity, multiculturalism, and inclusion. We see the perspectives that each person brings and a diverse workforce as essential for individual and collective success. We believe it’s important to foster a company culture that encourages curiosity and passion—from employee resource groups and learning opportunities to team outings and community outreach.
A Better opportunity:
Better is looking for a Processing Team Lead to join our team in Oakland. This person will be responsible for managing a team of junior processors in tandem with processing a reduced pipeline. The ideal candidate will be a highly organized communicator capable of making sound decisions while maintaining composure in a fast-paced environment.
Beyond producing high quality loans, our goal is to build a product that will ultimately reduce the cost of homeownership in America. With offices in New York, San Francisco, Irvine, Charlotte and Gurgaon, we are quickly expanding in order to deliver a delightful borrower experience through a combination of technology and people. Our office in Irvine is a key part of this strategy.
In joining our Irvine team, you will have a unique opportunity to join a fast-growing team and you will play a critical role in delivering on the Better mission.
Responsibilities will include:
- As Better's Processing Team Lead, your responsibilities will be wide in scope. You can expect to actively contribute in the following ways:
- Manage team of junior processors:
- Drive team objectives and KPIs throughout production cycles.
- Provide and coach through qualitative and quantitative feedback for direct reports.
- Monitor daily cadence as the product continues to improve.
- Serve as the first line of defense to diffuse customer escalations to management.
- Support Processing Manager and Senior Processors with complex loan troubleshooting.
- Manage limited pipeline of loans
- Verify and analyze all necessary financial information and documentation; ensure that loan files contain all necessary credit and legal documents to satisfy underwriting conditions.
- Calculate qualifying ratios, determine creditworthiness.
- Work effectively with cross-functional teams in Operations (title, valuations, underwriting, closing) to close loans
About You:
- 2-4+ years of experience processing (or underwriting) FNMA, FHLMC, FHA and Jumbo mortgages
- 1 year of leadership experience highly preferred
- Knowledge of agency conventional, purchase, refinance, and jumbo underwriting product guidelines
- Familiarity with Desktop Underwriter (DU)
- Strong communication, organization, and time management skills
- Ability to troubleshoot and solve problems independently
- Ability to maintain composure in a fast-paced environment\
The Better mission is rooted in values that drive us.
- We do what’s in the best interest of the consumer, not ourselves
- We have growth mindsets, not fixed ones
- We believe that success lies in execution, not credentials
- We act like owners, not just employees
- We work to find answers on our own, not wait for them to be given to us
- We optimize for mission, not ego
Our mission speaks for itself—we continue to outpace the industry at every turn. We’ve recently joined forces in partnership with Ally Bank, and our backers have helped build some of the most transformative tech and finance companies in history. Kleiner Perkins, Goldman Sachs, American Express, Citigroup, Activant Capital, Ally Bank, and others have invested in our vision for what homeownership can be.
Better Benefits & Compensation
Better.com is committed to paying NYC HQ salary bands, for all employees, regardless of where they are located and does not adjust salaries based on cost of living location. Our total rewards package consists of base salary, yearly cash bonus, equity and benefits. Additional employment-related benefits include:
- A $500 stipend to set up the WFH office of your dreams
- Comprehensive healthcare, retirement, and voluntary benefits—including medical, dental, vision, savings accounts, 401k, and more
- Personalized care and tools for realizing your mental health and wellness goals
- Robust holistic wellbeing offerings where you can experience unlimited access to virtual fitness, meditation, yoga, cooking classes, homeschooling preparedness, physical therapy, and more
- Unlimited time off (with manager approval)
- 12 weeks of paid parental leave after only 90 days of employment, and 20 weeks after 24 months of service
- Inclusive fertility benefits for you or your eligible dependents, regardless of participation in a Better medical plan
Better is an equal opportunity employer. We do not discriminate on the basis of age, race, color, religion or religious creed, sexual orientation, gender, gender identity, marital status, family or parental status, disability, military or veteran status, age, or any other basis protected by law. All employment decisions at Better are based on a person’s merit, business needs, and role requirements.
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