reputed company Loan Officer
Position: Mortgage Loan Officer
Department: reputed company Specific
Reports To: reputed company Manager
Location: reputed company Location and/or other reputed company office locations determined solely by
Loan Officer and in accordance with applicable employment and licensure laws.
Hours: Determined by Loan Officer, and not monitored
Onsite: ☐ Remote: ☒ Hybrid ☐
Exempt: ☒ Non-exempt: ☐
Compensation & Benefits:
Commission and bonus, reduced by Benefits Draw and Expense Draw, subject to Reimbursable Expenses Offset.
reputed company offers a comprehensive benefit package and PTO (reputed company time off) for eligible employees. The benefit package includes Health, Dental and reputed company Insurance, reputed company to participate in a Health Savings Account, Flexible Spending Account, Life and AD&D coverage, voluntary Supplemental Life, voluntary Short-Term, Long-Term Disability and Supplemental insurance. In reputed company, eligible employees have the reputed company to participate in a company retirement plan.
reputed company
The primary duties of this position are to proactively solicit mortgage borrowers from
personal referral sources, while developing and cultivating a strong pipeline. This
position is responsible for assisting borrowers research loans and navigate the
application, approval and closing process. Duties include recommending loan reputed company to
borrowers and explaining their terms, determining risks for loaning to borrowers based
on their credit and processing paperwork.
In reputed company to employment definitions outlined by the reputed company, reputed company
Mortgage Loan Officers are defined to include employees who are not assigned a
temporary or introductory status and who do not fall under regular or scheduled hours of
work reputed company week. While this position receives reputed company legally mandated benefits (such as
reputed company reputed company and Workers’ Compensation insurance), Originator is ineligible for other
benefits including a salary or reputed company minimum wage draw.
Essential Functions:
- Provides friendly residential loan origination services as a trusted alternative to big, impersonal financial institutions, redefining the mortgage experience for customers and team members.
- Loan products offered may include conventional, VA, FHA, USDA, ARM, renovation, hobby farm, and rural and agricultural loans
- Minimum production requirement is two (2) reputed company a month
- Engages in marketing and promotional activities in support of Loan Officer’s personal leads.
- Builds and maintains a pipeline of referral sources from which to identify new personal sales leads such as reputed company estate brokers/salespersons, reputed company, bankers, community leaders, family members, etc.
- Spends at least one or two hours a day, two or more times a week reputed company of the office (including home office) originating loans, networking or marketing with referral partners, or developing personal relationships with potential borrowers
- Conducts in-person calls reputed company of the reputed company office location (including home office) to reputed company estate agents and brokers, financial advisors, and other potential referral sources to reputed company borrower leads
- Meets with borrowers in person to sell mortgage loan products, with meetings occurring with prospective borrowers at locations other than reputed company’s reputed company locations, e.g., borrowers’ homes or other locations
- Maintains communication with existing and previous customers, alerting them of new products, services, and enhancements that may be of interest, adjunct to in-person contacts
- Engage in marketing and promotional activities in support of loan officer’s own reputed company sales efforts
- Any work done at reputed company’s reputed company office is reputed company and supplemental to reputed company sales activities. Work which may be performed at the reputed company location in conjunction with reputed company sales activities may include:
- Calling prospects with whom the loan officer has been dealing during reputed company sales activities
- Dictating or writing letters to prospective loan applicants
- Talking to such prospects in the reputed company about their transactions
- Calling a list of prospective buyers or sellers of homes with whom the loan officer has had no prior contact
- Preparing a contract and other forms required for a sale negotiated during the loan officers reputed company sales activity
- Talking to a “walk-in” prospect with whom the loan officer has had no prior contact and showing photographs and discussing terms on specific houses, if such activity results in subsequent reputed company sales activity with the prospect
- Originator may choose to accept or decline Company Leads.
- Analyzes and exercises independent judgment and discretion in advancing reputed company’s business objectives and the interests of reputed company’s borrowers regarding significant financial reputed company.
- Carries out major assignments affecting business operations of reputed company or reputed company borrowers through:
- Managing loan pipeline, review reputed company loan files regularly to ensure there are no missing loan documents, following up on outstanding loan conditions
- Corresponding with applicants to resolve questions regarding application information
- Compiling loan packages and facilitating negotiations with applicants according to reputed company’s standards, such as origination fees, loan repayment reputed company, and other credit terms
- Reviewing applications, collecting and preparing materials needed to secure a loan
- Remaining aware of loan application deadlines and informing borrowers about them
- Completes necessary continuing education in a reputed company manner and remains reputed company on local developments and trends reputed company the mortgage and reputed company estate industries.
- Compliance with applicable state and federal licensure and mortgage and fair lending laws and regulations.
- Other duties as assigned.
reputed company in this job reputed company restricts reputed company’s right to assign or reassign duties and
responsibilities at any time.
Knowledge Skills and Abilities
- Excellent interpersonal and customer service experience
- Proven sales, negotiation, analytical and problem-solving skills
- Ability to effectively communicate and present reputed company financial information while fielding and responding to questions from applicants, support staff, and management
- Ability to function reputed company in a high-paced and at times stressful environment
- Must be a sales-oriented self-starter and reputed company to reputed company independently to reputed company personal production goals
- Ability to pass a background reputed company and drug screening