Full-Time

Business Purpose Mortgage Processor

Confirmed live in the last 24 hours

Vontive

Vontive

11-50 employees

Provides investment property mortgages using technology

Fintech
Financial Services
Real Estate

Junior, Mid

Chicago, IL, USA

Initially remote, transitioning to in-office; candidates must be located in the Chicago area.

Category
Real Estate
Real Estate Finance
Requirements
  • Undergraduate degree
  • Prior mortgage processing experience is required. Business purpose mortgage processing a plus.
  • Exceptional attention to detail, very comfortable with technology
  • Passion for client service and an uncanny ability to influence people and solve problems
  • Comfortable with multiple priorities and projects in a fast-paced environment
Responsibilities
  • Review loan applications and data
  • Conform key documents and data to our fundamental model
  • Verify documents and data are true, accurate, correct, and complete
  • Project manage the loan from underwriting to loan approval
  • Seek resolution of any issues by problem solving and collaborating with team members
  • Coordinate with third parties for delivery of title and insurance
  • Keep borrower and internal stakeholders updated with conditions, need and loan status
  • Review and analyze reports such as title, insurance, credit, background, bank statements and entity documents

Vontive provides investment property mortgages using technology to simplify and speed up the loan process. Their main product is a "bolt-on" technology that allows retail brands to easily launch their own mortgage services without needing programming skills. This no-code solution can be set up in just a few weeks, making it quicker for brands to offer mortgages. Vontive stands out from competitors by acting as a bridge between real estate investors, lenders, and capital providers, charging fees for their services that reduce traditional risks and inefficiencies in real estate financing. The company's goal is to modernize the investment real estate market by making the mortgage process more efficient and transparent for both retail brands and financial institutions.

Company Stage

Debt Financing

Total Funding

$32.1M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-20%

2 year growth

-24%
Simplify Jobs

Simplify's Take

What believers are saying

  • Vontive ranked #10 on the 2022 Deloitte Technology Fast 500 with 9,154% growth.
  • The company has financed over $1.1 billion in residential properties since April 2022.
  • Vontive's platform reaches over 1.5 million real estate investors through B2C brands.

What critics are saying

  • Increased competition from fintech startups may erode Vontive's market share.
  • Rising interest rates could reduce demand for Vontive's mortgage services.
  • Rapid growth may lead to operational challenges and customer service issues.

What makes Vontive unique

  • Vontive offers a no-code, white-label mortgage platform for investment properties.
  • The platform enables retail brands to launch mortgage services in 1-2 weeks.
  • Founded by industry veterans, Vontive leverages decades of mortgage and financial expertise.

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