Hometap

Signing & Funding Coordinator

Remote

Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Real EstateIndustries

Requirements

Candidates should have at least 1 year of experience as a mortgage closer or in a related role, with a strong understanding of all aspects of the real estate closing process. A commitment to excellent customer service and extreme attention to detail is essential. Experience working for a startup or fintech company is a plus.

Responsibilities

The Signing & Funding Coordinator will collaborate with Underwriting, Processing, and Sales to ensure investment closings meet guidelines. They will build relationships with settlement agents and title vendors to meet closing SLAs, order and schedule signing appointments, and monitor closings for timely fund distribution. This role also serves as the main escalation point for homeowner questions regarding signings and involves documenting processes, identifying improvements, and assisting in scaling the closing function.

Skills

Customer Service
Organizational Skills
Cross-functional Collaboration
Settlement Agents
Title Companies
Investment Closing Operations

Hometap

Provides cash for home equity access

About Hometap

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 earns revenue 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.

Boston, MassachusettsHeadquarters
2017Year Founded
$405.6MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

401k plan with match
Commuter benefits
Healthcare coverage
Flexible work schedule
Paid parental leave
Unlimited PTO
Learning & development
Generous share package

Risks

Rising interest rates may make traditional loans more appealing.
Increased competition from fintechs could erode market share.
Potential regulatory changes could impact Hometap's business model.

Differentiation

Hometap offers debt-free home equity access, unlike traditional loans.
The company provides a lump sum for a share of future home value.
Hometap's Home Equity Dashboard aids homeowners in managing their equity.

Upsides

Growing interest in alternative financing boosts Hometap's market potential.
Hometap's $278 million securitization shows strong investor interest.
Expansion into New York City taps into a large financial market.

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