Full-Time

Licensing & Exam Specialist

Confirmed live in the last 24 hours

Hometap

Hometap

201-500 employees

Provides cash for home equity access

Fintech
Financial Services

Senior

Boston, MA, USA

Category
Legal Consulting
Consulting
Required Skills
Risk Management

You match the following Hometap's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Five (5) + years managing licensing, exams, or audits
  • Strong understanding of mortgage lending regulations and NMLS licensing requirements
  • Experience in mortgage licensing or compliance roles required – including company and/or MLO license management
  • Excellent communication and interpersonal skills
  • Attention to detail and strong organizational skills
  • Ability to work independently and manage multiple tasks effectively
  • Proficiency in using NMLS and related software tools
  • Familiarity with relevant industry software and databases
  • Bachelor's degree in a related field (e.g., finance, business, legal) or equivalent work experience.
Responsibilities
  • Oversee the process of obtaining, renewing, and maintaining licenses required for the company’s operations in various jurisdictions. Maintain accurate records of licensing applications, approvals, renewals, and related correspondence
  • Oversee the administration of exam requests and responses deferring requests to the subject matter experts as provided by the Chief Compliance Officer. Maintain accurate records of records collected and provided during the exam
  • Monitor regulatory changes that affect licensing requirements and ensure the organization remains in full compliance with local, state, and federal regulations
  • Work closely with legal, finance, operations, and other departments to ensure all licensing requirements are met in a timely and efficient manner
  • Coordinate and assist with the onboarding of new officers or directors, which includes ensuring background screening, fingerprinting and the various forms and notifications are filed and processed in a timely manner
  • Oversee, handle, and process annual filings and reports with various Secretary of State offices
  • Monitor the status of license applications and troubleshoot any issues that may arise
  • Maintain records of all license-related documentation and correspondence
  • Function as the primary administrator of the company’s NMLS profile
  • Provide guidance and training to internal stakeholders regarding NMLS regulations and compliance
  • Conduct regular P&P reviews to ensure that all employees engaged in mortgage lending activities are properly licensed
  • Implement and maintain compliance processes and procedures to minimize risks.

Hometap provides homeowners with a way to access their home equity without selling their property or incurring additional debt. The company offers a lump sum of cash in exchange for a share of the future value of the home, allowing homeowners to unlock up to $600,000 of their equity without monthly payments or interest. Hometap profits by sharing in the appreciation of the home's value when it is sold or when the homeowner repurchases Hometap's share. This approach sets Hometap apart from traditional home equity loans, as it offers a flexible and debt-free solution. The company's goal is to simplify the financial process for homeowners, helping them achieve their financial objectives, such as paying off debt or funding education, while maintaining a high level of customer service.

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$405.6M

Headquarters

Boston, Massachusetts

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Hometap's expansion into New York City enhances market presence and growth opportunities.
  • The appointment of experienced executives strengthens Hometap's structured finance and investor engagement.
  • Rising home values and inflation increase demand for Hometap's alternative financing solutions.

What critics are saying

  • Rising interest rates may make traditional home equity loans more appealing to homeowners.
  • Economic downturns could decrease home values, affecting Hometap's investment profitability.
  • Expansion into new markets may lead to increased regulatory compliance costs.

What makes Hometap unique

  • Hometap offers debt-free home equity access, unlike traditional loans with monthly payments.
  • The Home Equity Dashboard provides homeowners with digital tools for financial decision-making.
  • Hometap's model allows homeowners to access up to $600,000 without selling their home.

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Benefits

401k plan with match

Commuter benefits

Healthcare coverage

Flexible work schedule

Paid parental leave

Unlimited PTO

Learning & development

Generous share package

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-7%
PYMNTS
Feb 4th, 2025
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The age of the one-size-fits-all balance sheet-crunching CFO is quickly becoming a relic of business history. The chief financial officer today is like the quarterback of a business — only instead of throwing touchdowns, they’re tossing financial strategies, dodging economic hits and leading the team to victory. Here’s the kicker (and it might sound obvious) but depending on the industry and business mission, the CFO’s playbook — and career path — can look wildly different. This shift is particularly evident in industries like PropTech and FinTech, where the evolution of both the business landscape and the back office has led to a greater recognition of different CFO archetypes

Business Wire
Oct 22nd, 2024
Hometap Appoints Finance Veteran Tom Egan as Chief Financial Officer, Accelerating Next Phase of Company Growth

Hometap appoints finance veteran Tom Egan as Chief Financial Officer, accelerating next phase of company growth.

Business Wire
Oct 8th, 2024
Hometap Announces Closing of $278 Million Securitization of Hometap-originated Home Equity Investments

Hometap, the Boston-based financial technology company pioneering debt-free home equity financing for American homeowners, announced the closing of HT

Business Wire
Jun 28th, 2024
Hometap Achieves Milestone in $217 Million Securitization Debut

Hometap, the Boston-based financial technology company pioneering debt-free home equity financing for American homeowners, announced the closing of it

HousingWire
Feb 13th, 2024
Hometap reaches $1B in home equity investments

In May 2023, Hometap launched an online portal called the Home Equity Dashboard.