Full-Time

Processor

Posted on 7/29/2024

Unison

Unison

51-200 employees

Home equity sharing for debt-free financing

Financial Services
Real Estate

Junior, Mid

Omaha, NE, USA

Hybrid position requiring 3 full days in the Omaha office.

Category
Commercial Banking
Finance & Banking
Required Skills
Salesforce
Requirements
  • 2+ years of work experience in a fast paced start-up environment
  • 1+ years in the mortgage space, preferably as a processor or closer
  • Experience with SalesForce and Microsoft Office or similar software
  • Impeccable organization skills and multi-tasking abilities
  • Knowledge of mortgage regulations a plus
Responsibilities
  • Build relationships with your team and cross-functional partners
  • Learn and stay up to date on mortgage compliance and regulation requirements
  • Navigate our proprietary Equity Origination System
  • Own and navigate your pipeline of deals from application to funding
  • Independently review and process all applications
  • Master the end-to-end process of an Investment Processor while staying within committed service level agreements
  • Collect required documentation from multiple sources - clients, vendors, and other third parties
  • Order, track, and review vendor reports such as Title Reports, Appraisals, and Home Inspections to ensure reports are received in a timely manner and are within Unison’s guideline requirements
  • Clear conditions as required from the Investment Underwriting team
  • Generate and review final closing documents to ensure accuracy and completeness
  • Maintain compliance with Unison product requirements and fees
  • Coordinate with escrow companies to fund deals in a timely manner
  • Meet monthly goals for deals funded, turnaround times, and pull-through rates
  • Other duties as assigned

Unison provides a financial service that allows homeowners to access the value of their home equity without taking on debt. Instead of traditional loans, homeowners can enter into a home equity sharing agreement, where they receive cash in exchange for a portion of their home equity. This means Unison becomes a co-investor in the property, sharing in any future changes in its value. This approach helps homeowners avoid monthly payments and interest, making it easier for them to use the funds for various needs like paying off debt, funding retirement, or starting a business. Unison differentiates itself from competitors by aligning its financial interests with those of the homeowner, as both benefit from the property's appreciation. The company's goal is to make housing more financially accessible and provide homeowners with the flexibility they need to improve their financial situations.

Company Stage

Debt Financing

Total Funding

$243.2M

Headquarters

San Francisco, California

Founded

2004

Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-2%

2 year growth

-2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Unison's securitization of $215 million expands access to institutional investors.
  • The rise of proptech innovations enhances Unison's customer experience and operational efficiency.
  • Increased interest in debt-free financing among millennials and Gen Z boosts Unison's market potential.

What critics are saying

  • Rising interest rates may make traditional refinancing more attractive than home equity sharing.
  • Increased competition in the home equity sharing market could erode Unison's market share.
  • Potential regulatory scrutiny could lead to higher compliance costs for Unison.

What makes Unison unique

  • Unison offers a debt-free alternative to traditional home loans through home equity sharing.
  • The company aligns its interests with homeowners by sharing in property appreciation or depreciation.
  • Unison's model allows homeowners to access funds without monthly payments or interest.

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Benefits

Generous PTO

Parental leave

Volunteer days

100% employer paid health coverage

Additional sick days

$2k yearly learning stipend

Monthly 1/2 day off for development

INACTIVE