Mortgage Loan Officer Job

We're looking for experienced mortgage loan officers, mortgage brokers and loan originators for an exciting career as a mortgage net loan officer with a fast growing mortgage company. We offer very generous split commissions for in house Loan originators who prefer a steady supply of company provided leads. For the truly independent outside mortgage net loan officer, you keep 100% and pay a flat per file transaction fee. Simple as that.

What makes us different? We actually care about your success and invest both time and money in training and educating our loan officers on how to move with the mortgage market; how to actually place and close loan prospects for maximum conversion, maximum profit and minimized fall out. With the training and support we provide, if you can't have a successful mortgage career with our company, frankly, you shouldn't be originating mortgages.

Net Loan Officer Job Benefits

Full Time and Limited Part Time Opportunities
Access to over 150 Lenders Who Are Underwriting For Traditional Fannie/Freddie, FHA, VA, Sub-Prime, Alt-A, Bankruptcy Buy Out, Hard Money and Commercial
In House Loan Officers Receive Leads - Limited Position Opportunities
Marketing and Advertising Training - Includes How, Where and Why to focus on Select Demographics.
Ongoing Product Training - Stay up to date on programs, who works for you and who doesn't.
Loan Placement Assistance and Training - Learn how to grade credit, properly package and place loan files to CLOSE the deals you have.
In house processing - Our processors are trained in file stacking and understand just how important speed of close is for you and your borrowers. Optional contract processing is OK, but not recommended.
Choice of 1099 or W2 where state and federal regulation allows.

Loan Officer Job Description

Use your interpersonal and communication skills to generate referral business, leads and relationships with individuals, existing client, past clients and Real Estate Professionals. Participate in training for marketing, sales and scenario techniques to effectively sell, package and close consumer mortgages. Take thorough and complete loan applications; analyze and prequalify applicant information to determine viability of the clients desired loan program. Pull credit, analyze credit and compare for accuracy with the mortgage borrowers statements. Correct inaccuracies and determine the correct loan options for the borrower based upon the applicants present situation, future plans and preferred loan product. Provide guidance and information relevant to the risks and benefits of each program the applicant is qualified for; effectively explain and communicate the terms of each product and insure all documents necessary are signed by the borrower. Gather all initial documentation required based upon the applicants selected loan program and the 1003 including all disclosure requirements. Provide the loan package to the loan processor for review, stacking and pre-submission audit. Work with the loan processor to provide any letters of explanation, or additional documentation as necessary and required by underwriting to clear all conditions and close each loan. Maintain a working file for the office as required for compliance. The net loan officer will either work from home, in the field or in one of the very limited in house positions.

Loan Officer Requirements

State Mortgage Broker License Strongly Preferred or 1 Year of Mortgage Origination Experience. Applicants with Less than 1 year experience will be considered on a case by case basis. Current net loan officers will be given strong consideration regardless of experience.
Understanding of Mortgage Products is Required
Experience with FHA, VA, Construction Perm and 2nd Mortgage Products is a Plus.
Qualified Applicants must have the ability to take accurate and thorough loan applications.
Qualified Applicants will have a working knowledge of credit reports, DTI, LTV and CLTV ratios.
Qualified Candidates will have excellent communication and interpersonal skills. Attention to detail, outstanding customer service is critical to your success.
Qualified Applicant will not have a criminal record.
The ability to create, implement and adapt a market penetration strategy for lead development, prospect to client conversion and client to close conversion.
Applicants must be able to learn and adapt to market changes quickly.
Experience with Microsoft office, including Word, Excel, PowerPoint and other similar software is preferred.
Proficiency with Calyx Point a plus, computer experience a must.
Multi-Lingual capabilities to include Spanish are a plus.

If You're Ready To Make Serious Money; If You Believe You Can Be Trained To Become a Top Producer; If You Think You Have What It Takes To Succeed; You Want To Join Our Growing Team!