Assumptions Processor

Assumptions Processor

Valon's mission is to empower every homeowner. We believe the journey of home ownership starts when you get your keys, but lasts far beyond. We're creating a world where home ownership comes with ease, security, and financial know-how. Our growing team of engineers, operators, product enthusiasts, and experienced servicing professionals are leveraging technology to fundamentally improve the homeownership experience. Through mortgage servicingthe process of paying off one's mortgageValon is taking the first step in transforming the industry one homeowner, and lender, at a time.

Special Loans at Valon

Valon's Special Loans Team is tasked with overseeing essential business processes related to MERS updates and reconciliation, SCRA-protected loans, recasts, assumptions, successor in interest, and partial release requests. We are composed of innovative individuals who tackle servicing challenges with a creative approach. Our objective is to assist homeowners in addressing special servicing needs while delivering a premier experience with Valon, all from behind the scenes.

About the Role

We are seeking a detail-oriented, deadline-driven Assumptions Processor to become a part of our expanding servicing team. In this capacity, you will manage the comprehensive processing of mortgage assumption requests, ensuring adherence to agency guidelines and providing an outstanding borrower experience. You will collaborate with Freddie Mac, Fannie Mae, and Ginnie Mae loans, utilizing our technology platform to optimize workflows and maintain precision at every stage.

Responsibilities

• Process mortgage assumption requests from initiation to completion, ensuring that all necessary documentation is collected and reviewed for compliance with investor and regulatory guidelines.
• Engage directly with borrowers, real estate agents, and other stakeholders to clarify requirements, resolve issues, and facilitate progress in the process.
• Coordinate with internal servicing teams and external partners to ensure timelines are adhered to and that the customer experience is seamless.
• Review and validate borrower eligibility in accordance with Freddie Mac, Fannie Mae, and Ginnie Mae requirements.
• Input, track, and update loan data in our servicing system to ensure accurate records and reporting.
• Identify opportunities to enhance workflows and leverage Valon's technology to improve processing speed and accuracy.
• Maintain a comprehensive understanding of agency guidelines and regulatory requirements pertaining to assumptions.

Ideal Background

Minimum Qualifications

What We Can Offer