Job Description

Job description

Job Highlights

• Candidates should have experience directly related to the Mortgage Industry
• Must have appropriate state license or certificate (varies by state)
• Must have a thorough knowledge of pricing and underwriting requirements of various mortgage insurance companies
• Must have a working knowledge of credit underwriting and property eligibility requirements for FNMA, FHLMC, FHA, VA, local bonding programs and private investors
• Must be familiar with local, state and national laws (e.g. zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.)
• Must have excellent communication skills and the ability to analyze financial information
• Must be a sales-oriented self-starter

Benefits

• PAPERLESS!
• Training & Marketing
• Leads Provided (In-Office Only)
• Hybrid Position Available

Responsibilities

• Originators to establish referral source relationships for a steady flow of loan volume from real estate brokers and other external sources
• Primary duty is to sell mortgage loans to customers
• Generate new business by building and maintaining relationships with realtors, real estate agents, title and escrow officers, financial advisers, CPAs, and other relevant professionals
• Regularly participate in mortgage sales including, but not limited to, attending closings and open houses, and conducting seminars and other lead-generating activities
• Take information from the borrower and fill out the loan application
• Develop relationships with referral partners such as realtors to generate new customers
• Analyze the prospective borrowers income and debt and pre-qualify the prospective borrower to determine the maximum mortgage that the prospective borrower can afford
• Counsel the prospective borrower in the home buying and financing process, advising the borrower about the different types of loan products available, and demonstrating how closing costs and monthly payments would vary under each product
• Collect financial information (tax returns, bank statements) and other related documents that are part of the application process;
• Provide disclosures to the borrower, including truth in lending, good faith estimate, and others
• Counsel and advise the borrower in understanding and clearing credit problems
• Maintain regular contact with the borrower, realtors, and the lender, between application and closing to apprise them of the status of the application and to gather any additional information as needed
• Order legal documents
• Review Closing Disclosure with Clients Prior to Closing

Job Type: Full-time

Pay: $184,019.00 - $562,000.00 per year average
100% Commission Pay

Benefits:

• Dental insurance
• Employee discount
• Flexible schedule
• Health insurance
• Life insurance
• Professional development assistance
• Vision insurance

Schedule:

• Monday to Friday
• Overtime
• Weekends as needed

Language:

• Spanish (Preferred)

License/Certification:

• MLO License (Required)

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