About Upstart
Upstart is the leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit. By leveraging Upstart's AI marketplace, Upstart-powered banks and credit unions can have higher approval rates and lower loss rates across races, ages, and genders, while simultaneously delivering the exceptional digital-first lending experience their customers demand. More than 80% of borrowers are approved instantly, with zero documentation to upload.
Upstart is a digital-first company, which means that most Upstarters live and work anywhere in the United States. However, we also have offices in San Mateo, California; Columbus, Ohio; and Austin, Texas.
Most Upstarters join us because they connect with our mission of enabling access to effortless credit based on true risk. If you are energized by the impact you can make at Upstart, we’d love to hear from you!
The Team
Our Mortgage Operations team is the newest division at Upstart. For launch, we’re looking to start with a HELOC product across several states. Over the next 18 months we’re looking to rapidly expand the product across all 50 states. Over time, we will also add additional products, including additional equity and 1st mortgage products. The team will be small to start, so we’re looking for individuals with a start up mentality, willing to go above and beyond their job descriptions to help our customers and ultimately put Upstart Mortgage at the top of the list for best places to get a Home Loan.
NMLS License requirement : In order to be considered for this role, you must hold an active NMLS license.
Position Location - This role is available in the following locations : San Mateo, CA (must be within a 60 mile radius) . This position is primarily remote with on-site requirements at the San Mateo, CA office.
Time Zone Requirements - This team operates on the East / West Coast time zones.
Travel Requirements - As a digital first company, the majority of your work can be accomplished remotely. While the majority of your work can be done remotely this team has regular on-site collaboration sessions at the Columbus, OH office. You will be expected to go into office upon leaderships request.
How you’ll make an impact :
- As a Licensed Loan Processor you will assist Customers with navigating the mortgage HELOC process by helping them understand the loan products we offer as well as talking them through their pricing options.
- Deliver an outstanding customer experience by representing Upstart when working with potential borrowers as part of the verification process.
- Serve as a resource for customer issues, complaints, application information verification, and other complex tasks.
- Identify possible areas of process and workflow improvements, contribute to the development and implementation of solutions.
- Responsibilities will include outbound (warm) calls; inbound phone support, and email communications.
- Act as a utility player, supporting both pre- and post-origination efforts.
What we’re looking for :
Minimum qualifications :Must have at minimum 6 months experience in a customer contact operations role.
3-5 years of experience in mortgage loan processing or loan officer roles at a Financial Institution or Mortgage company directly supporting customersProven experience handling difficult or complex customer communications both verbally and in writing, including the ability to generate succinct timelines and escalation detailsExperience reviewing various tax forms and schedules, financial statements, credit reports, and general lending conceptsStrong understanding of mortgage products, including HELOCs, and the loan process, from application through closingKnowledge of laws and regulations associated with mortgagesHigh School Diploma or GEDPreferred qualifications :Familiarity with Fraud and BSA / AML practices and procedures
Ability to think critically, propose creative solutions, and flag inconsistencies in documentationExperience working with loan origination systems (LOS) like Vesta or EncompassStrong organizational and time management skills, able to prioritize tasks effectively in a fast-paced environmentPassion for delivering a great customer experienceAbility to demonstrate patience alongside efficiency; can triage and prioritize questions or issues, take ownership, and drive problems to resolutionVery strong attention to detail, with an understanding that small mistakes can have a large impactProven ability to handle complex or unusual loan scenarios and work closely with underwriters to find solutionsWhat you'll love :
Competitive Compensation (base + bonus & equity)Comprehensive medical, dental, and vision coverage with Health Savings Account contributions from Upstart401(k) with 100% company match up to $4,500 and immediate vesting and after-tax savingsEmployee Stock Purchase Plan (ESPP)Life and disability insuranceGenerous sick and safety leaveSupportive parental, family care, and military leave programsAnnual wellness, technology & ergonomic reimbursement programsSocial activities including team events and onsites, all-company updates, employee resource groups (ERGs), and other interest groups such as book clubs, fitness, investing, and volunteeringCatered lunches + snacks & drinks when working in officesLI-Associate
This is a Non-Exempt position. Employees in this position are paid an hourly pay rate, on a bi-weekly basis, and are eligible to receive overtime pay for any hours worked over 40 in a work week, or over 8 in a work day if required by state law
San Mateo - Anticipated Hourly Rate Range
57,100 — $79,000 USD