[Hiring] Wholesale Pipeline Resolution Specialist @Longbridge Financial

Role Description

The Wholesale Pipeline Resolution Specialist role is for someone with a reverse background in Processing and/or Underwriting (2-3 years in Underwriting), has strong communication skills, can work with various departments in LBF, and get loans across the finish line.

• File Structuring and Retention:
  • Perform upfront file structuring and maintain pipeline retention to ensure loans are properly positioned for successful processing and closing.
  • Oversee pipeline retention efforts by tracking active loan files, identifying and resolving structuring or process-related issues, and collaborating with Sales and Operations teams to improve pull-through and funded loan performance.
• Review and Exception Processes:
  • Review and provide guidance on complex loan scenarios, including LESA and TISA exceptions, Financial Assessments, Trusts, Residual Income calculations, Powers of Attorney, Property Types, Purchase Transactions, Self-Employment income, Credit, Condo/Single Unit Approval (SUA), and proprietary products.
  • Review credit reports for accuracy and completeness.
  • Assess financial documentation, including financial assessment and residual income requirements.
  • Structure loan files and purchase transactions to comply with company guidelines.
  • Submit underwriting escalations, exception requests, and rush review requests to facilitate timely loan decisions and pipeline progression.
  • Evaluate condo/SUA files to ensure adherence to relevant policies.
  • Conduct a comprehensive second-level review of loans prior to adverse action decisions to identify potential solutions and retention opportunities.
• Training and Support:
  • Partner with Sales, Operations, and Underwriting teams to resolve loan structuring challenges and support successful loan outcomes.
  • Host regular open office hours for Loan Officers and Sales Coordinators to provide guidance, answer questions, and assist with loan scenario reviews.
  • Develop and deliver targeted training sessions on key underwriting, product, and operational topics based on identified business needs.
  • Serve as a subject matter expert and liaison between Sales and Operations, promoting consistent processes and effective communication across departments.
• Tracking and Documentation:
  • Track, document, and maintain detailed records of all loan reviews, recommendations, and decisions within the Loan Origination System (LOS) to support compliance and operational transparency.

Qualifications

• The ideal candidate for this role would be a former Reverse Processor who now has their DE with 2-3 years of Underwriting experience.

Requirements

• Working in a growing and dynamic industry.
• Full benefits: Medical, Dental, Vision, FSA/HSA, and a wide array of voluntary products and discounts.
• 401(k) with company match.
• Paid time off.
• This is a non-exempt role.
• Target base salary range is 90-100K, which is based on various factors including skills and work experience.
• In addition to base salary, this role is eligible for a competitive additional compensation program via monthly bonus.
• LBF is an EEO/AA/Vet/Disabled Employer.
• Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites set the estimated salary, not Longbridge Financial.