Assumptions Specialist

Vaco Phoenix is partnering with a client who has an excellent opportunity for an Assumptions Processor. This role will be responsible for managing the process of mortgage assumption applications, ensuring accuracy, compliance, and timely completion of all related documentation. This is a contract position located in Phoenix, AZ, paying up to $24 per hour, depending on experience.

• Process mortgage assumption requests from start to finish, ensuring all required documentation is accurately collected, reviewed, and compliant with investor and regulatory standards.
• Serve as a primary point of contact for borrowers, real estate agents, and other stakeholders, providing clear communication and timely updates throughout the assumption process.
• Collaborate with internal servicing teams and external partners to meet established timelines and deliver a seamless customer experience.
• Review and confirm borrower eligibility in accordance with Fannie Mae, Freddie Mac, and Ginnie Mae guidelines.
• Accurately input, update, and maintain loan data within the servicing system to ensure proper recordkeeping and reporting.
• Identify opportunities to improve workflows and leverage technology to enhance efficiency, accuracy, and turnaround time.
• Maintain up-to-date knowledge of agency guidelines, investor requirements, and regulatory changes related to mortgage assumptions.

• 2+ years of experience in mortgage servicing, loan processing, or a related function, with direct exposure to assumptions strongly preferred.
• In-depth knowledge of Fannie Mae, Freddie Mac, and Ginnie Mae servicing and investor guidelines.
• Highly organized with the ability to manage multiple files, tasks, and deadlines simultaneously.
• Strong attention to detail and commitment to accuracy.
• Excellent communication and problem-solving skills with a focus on customer satisfaction.
• Comfortable working in a fast‑paced, technology‑driven environment.

• Experience in mortgage servicing, processing, or closing with exposure to agency and government loan products.
• Familiarity with state‑specific recording and documentation requirements.
• Proven ability to meet deadlines while maintaining high‑quality standards.
• High school diploma, GED, or equivalent secondary education required; post‑secondary education preferred.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location, and other business and organizational needs. Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign‑born residents, and veterans to apply.

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits…