HEI Loan Processor

Redwood Trust Inc
Valley, CA Full Time
POSTED ON 11/2/2023 CLOSED ON 11/7/2023

What are the responsibilities and job description for the HEI Loan Processor position at Redwood Trust Inc?

About us

Aspire is founded on the principle that HEI can emerge as a durable, transformative asset-class directly in keeping with the mission of Redwood Trust, our parent company. We provide equity capital to consumers without the burdens of debt products, while offering institutional investors direct access to one of the largest asset classes in the world. Our long-term goal is to not only provide seamless access to home equity for homeowners, but also to connect HEI investors with aspiring homebuyers to provide access to housing for millions more American households.

Redwood Trust, a publicly traded REIT (NYSE: RWT), has been expanding access to housing opportunities for American homeowners, homebuyers and renters alike since 1994. We are a leading specialty finance company whose operating platforms provide liquidity to growing segments of the U.S. housing market typically not supported by government programs.

Continuing our long history of building innovative business lines to diversify our portfolio of operating companies, we’re launching a revolutionary home financing product, making it easier for consumers to access their home equity and buy a home.

Position Summary

This role has a high level of interaction with internal users (HEI Underwriting, HEI Closing, HEI Account Executive) and external vendors.

Responsibilities & Duties

  • Receive and quality check initial application.
  • Order and track receipt of all vendor and third-party products
  • Work with title company to clear title as needed.
  • Data Capture
  • Check applicant documentation set for completeness.
  • Manage and clear all processing stage related tasks and conditions.
  • Advance Option Files to Underwriting Stage in a timely manner.
  • Contribute to development, testing and documenting of new workflows and procedures.
  • Interact with all functions within the company, ability to negotiate in the best interest of stakeholders’ overall position.

Required Education, Experience, & Skills

  • 2 years of HEI or mortgage industry experience
  • HEI or Mortgage Loan Processing experience preferred.
  • Salesforce system experience preferred.
  • Strong time management skills
  • Ability to work independently and collaborate effectively as a team member.
  • Technologically savvy, with the ability to work in varied systems, Salesforce, DocuSign, and other systems.
  • High diligence and effective critical thinking skills
  • Excellent customer service skills
  • Excellent oral and written communication skills
  • Analytical thinking ability, diplomacy, and professionalism


A reasonable estimate of the base compensation range for this role is $65K - 80K annually. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.

Salary : $65,000 - $0

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