Full-Time

Director of Processing

Confirmed live in the last 24 hours

Better.com

Better.com

1,001-5,000 employees

Online platform for home loans and refinancing

Fintech
Real Estate

Senior

Irvine, CA, USA + 2 more

More locations: Troy, MI, USA | Irving, TX, USA

Must be located in the Irving, TX, Troy, MI, or Irvine, CA areas.

Category
Quality Control & Compliance
Supply Chain Management
Operations & Logistics
Required Skills
Financial analysis
Requirements
  • Must be located in the Irving, TX, Troy, MI or Irvine, CA areas
  • 5+ years of experience processing FNMA, FHLMC, FHA and Jumbo mortgages
  • 3+ years of management experience
  • Strong understanding of purchase, refi, and 2nd lien products
  • Knowledge of agency conventional underwriting product guidelines
  • Familiarity with Desktop Underwriter (DU) & Loan Prospector Advisor (LPA)
  • Strong communication, organization, and time management skills
  • Comfortable overseeing cross functional responsibilities including processing, closing, and operations
  • Ability to troubleshoot and solve problems while maintaining composure in a fast-paced environment
  • Experience thriving in a high-volume production environment
  • Proven ability to build and scale teams, the drive to build something new
  • Management and personnel development experience
Responsibilities
  • Lead our US and India-based Processing team
  • Provide coaching and feedback to improve the processing workflow, efficiency, and problem resolution
  • Provide leadership and direction to create high-performance across all Processing Managers
  • Oversee cross functional responsibilities across Processing and work closely across departments
  • Manage strategic initiatives & come up with new processes that drive efficiency
  • Coordinate best in practice for analyzing all necessary financial information and documentation
  • Manage and monitor overall performance metrics and pipeline management
  • Manage business unit priorities and achieve long term goals
  • Act as a strategic thought partner to cross-functional leadership to create efficiencies and drive growth

Better.com simplifies the home buying and refinancing process through a fully online platform. It serves homebuyers and homeowners looking to refinance their mortgages by providing quick loan estimates and pre-approvals, often within minutes. The platform eliminates the need for physical paperwork and in-person meetings, making the process faster and more efficient. Unlike traditional lenders, Better.com does not charge origination fees or commissions, which can lead to significant savings for clients. The company generates revenue through interest on loans and additional services like title and homeowners insurance. Better.com also offers related services such as Better Settlement Services for efficient communication and Better Real Estate to connect clients with trusted agents. The goal of Better.com is to make the entire home buying experience seamless and transparent.

Company Stage

IPO

Total Funding

$1.9B

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

5%

1 year growth

6%

2 year growth

-17%
Simplify Jobs

Simplify's Take

What believers are saying

  • The launch of innovative products like One Day HELOC and Better Home Equity Loan demonstrates Better.com's commitment to providing fast and flexible financial solutions.
  • The appointment of Chad Smith as president and COO could bring fresh leadership and strategic direction to the company.
  • Better.com's technology-driven approach can lead to faster loan approvals and a more efficient home buying process, enhancing customer satisfaction.

What critics are saying

  • The company has faced public scrutiny and reputational damage due to its handling of layoffs, which could impact employee morale and customer trust.
  • The volatile interest rate environment poses challenges for the mortgage and refinancing market, potentially affecting Better.com's revenue.

What makes Better.com unique

  • Better.com offers a 100% online platform that eliminates the need for physical paperwork and in-person meetings, unlike traditional mortgage lenders.
  • The company does not charge origination fees or commissions, providing significant cost savings for clients compared to traditional lenders.
  • Better.com's integrated approach, including services like Better Settlement Services and Better Real Estate, offers a seamless home buying experience from start to finish.

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Benefits

Competitive compensation & equity

Remote-friendly opportunities

Unlimited PTO

Fully funded health, dental, vision, and fertility benefits

401k plans

Up to 20 weeks paid parental leave

Free lunch, even if you’re remote