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Junior Loan Processor

Tomo, New York, New York, us, 10261

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Location New York City

Employment Type Full time

Location Type Hybrid

Department Mortgage Operations

Compensation

$55K – $57K • Offers Equity • Offers Commission

Who We Are Tomo is a digital mortgage company on a mission to eliminate the greed and complexity in lending, helping homebuyers save thousands of dollars. Our AI-driven customer experience makes the lending process faster, less frustrating, and more affordable. By passing these savings directly to homebuyers, we eliminate excessive fees and inflated rates that cost Americans billions each year. Backed by top-tier venture investors, including Ribbit, Citi Ventures, NFX and Progressive Insurance, Tomo is poised to become one of the most valuable fintech startups of our generation.

Junior Loan Processor Location: New York, NY

Reports To: Loan Processing Manager

Type: Full-Time; Hybrid (in office Mon-Wed, remote Thurs-Friday)

This is an ideal opportunity for a recent graduate looking to get their foot in the door of the mortgage, fintech, or real estate space. As a Junior Loan Processor, you’ll work closely with our Processing team to help keep the home loan process moving—ensuring documents are complete, accurate, and ready for next steps. You’ll help manage the “behind-the-scenes” tasks that create a seamless experience for our customers, freeing up our Processors to focus on high-impact work.

If you’re organized, hungry to learn, and ready to roll up your sleeves, this is a great entry point to launch your career in a high-growth company.

What You’ll Do

Support Loan Processors by reviewing applications and prepping files for underwriting

Review and organize key documents (e.g., paystubs, bank statements, W-2s) for completeness and compliance

Place orders for third party items needed for final loan approval including but not limited to: appraisals, title reports, homeowners insurance policies, etc.

Track outstanding items and follow up with third parties (appraisal management company, title companies, insurance agents, etc.) or internal teams as needed

Learn how the mortgage process works from start to finish (we’ll train you!)

Shadow experienced team members and gain exposure to career paths in operations, processing, underwriting, and beyond.

Who You Are

A recent graduate or early-career professional with strong ambition

Hungry to learn and curious about how things work

Known for being organized, detail-oriented, and reliable

Comfortable juggling multiple tasks and timelines

A clear communicator—written and verbal

A team player who thrives in fast-paced environments

Tech-savvy or quick to pick up new systems

Bonus Points If You Have

Experience in a fast-paced internship, part-time job, or student organization

Familiarity with Excel/Google Sheets or CRM tools

An interest in real estate, finance, or fintech

Why This Role Matters

This is the backbone of a smooth loan process. You’ll be a key player in helping people buy

homes, while building real skills and a long-term path in a booming industry. We don’t just

invest in your output; we invest in your growth.

What’s In It for You

A steep learning curve and mentorship from experienced professionals

Career growth into Loan Processing, Underwriting, Operations, Sales, and beyond

Competitive pay $55K–$57K

Bonus potential up to $10K

annually, paid out quarterly

Equity

Inclusive, mission-driven culture that values curiosity, integrity, and hustle

Benefits We strive to anticipate your needs in order for you to be a healthy, motivated, and happy team member. We provide a variety of competitive benefits including (but not limited to):

Equity Ownership: All teammates receive stock options—we win together

Comprehensive Medical, Dental, and Vision plans for you and your dependents with some plans 100% covered

Work-life balance and a generous paid time off policy

In order to support teammates who become parents, Tomo Mortgage provides paid parental leave

401(k) retirement plan

Compensation Range: $55K - $57K

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