Job Description
About the Role:
Are you a skilled Mortgage Loan Officer with experience in originating residential mortgages? We're looking for someone passionate about helping clients achieve their homeownership dreams. In this role, you'll have the chance to engage in a variety of activities, including real estate, hard money lending, non-QM lending, wholesaling, house flipping, and renovation.
Key Responsibilities:
- Lead Sourcing: Identify and cultivate new opportunities with home buyers and current homeowners.
- Product Knowledge: Stay informed about various loan products (hard money, non-QM, VA, FHA, conventional) and learn new ones as needed.
- Business Relationships: Build and maintain strong relationships with realtors, past clients, and other real estate professionals to generate referrals.
- Client Communication: Guide clients through the loan application process, advising them on qualifications and loan products.
- Loan Processing: File applications, handle documentation, and manage customer complaints effectively.
What We're Looking For:
- Experience: Minimum of 1 year in mortgage lending with a proven track record.
- Licensing: NMLS license required. Either DFPI or DRE license is also necessary.
- Skills: Strong telephone presence, excellent attention to detail, and problem-solving abilities.
- Networking: Existing realtor relationships are a plus, with the ability to build and nurture referral partnerships.
- Education: High school diploma or equivalent (GED) required. Bachelor's degree is a plus.
What We Offer:
- Compensation: Choose your own compensation plan with rates from 150bps to 225bps (1.75% - 2.25% of the loan amount). Expected monthly earnings range from $8,000 to $50,000+, based on performance.
- Commission Structure: This is a 100% commission-based position, with potential base pay, advances, or draws available on a case-by-case basis.
- Support: Leads may be provided, and local realtor introductions will be arranged to help you get started.
Essential Functions:
- Originate quality FHA, VA, Conventional, and Non-QM mortgage loans.
- Accurately qualify applicants and recommend suitable loan products.
- Navigate clients through the entire loan process, ensuring a smooth experience.
- Stay up-to-date with loan program guidelines, policies, and procedures.
Preferred Qualifications:
- Proven experience in mortgage loan origination.
- Ability to quickly and accurately handle client scenarios.
- Strong networking and relationship-building skills.
If you're enthusiastic about expanding your lending knowledge and eager to make a positive impact on clients' lives, we'd love to hear from you!
Employment Type: Full-Time
Salary: $ 40,000.00 140,000.00 Per Year
Job Tags
Full time, Local area, Remote job,