Experienced Mortgage Loan Officer

Job Description

Job Description

Stateside Lending | Southfield, MI | NMLS #2567704

Commission Only with 90-Day Draw

The Opportunity
A home loan is likely the biggest financial transaction clients will ever make. At Stateside Lending, we guide buyers and homeowners through it with clarity, honesty, and care. We’re growing, and we’re looking for experienced Loan Officers who are motivated and self-driven, and who want to take control of their earning potential and build a career, not just a pipeline.

You’ll start with a three-week, in-office training and onboarding program at our Southfield headquarters, where you’ll learn our products, our process, and our people. After that, you can work remotely. We can provide leads, and you’re always free to bring your own sources and referral network.

Why Stateside Is Different

• You’re not limited to one bank’s rate sheet. As a mortgage broker, we shop your borrower across multiple wholesale lenders. When one lender says no or prices high, you have other options. A retail LO at a bank can’t offer that.

• More ways to say yes, and more ways to get paid. Most LOs can only offer a first mortgage. You’ll also have HELOCs, closed-end home equity loans (HELs), home equity investments (HEIs), and business lines of credit and term loans for business owners. A borrower who doesn’t want to give up a 3% first mortgage is still a deal. So is a self-employed client who needs working capital, or a homeowner who can’t qualify for a payment but has equity. One client relationship can turn into several closed transactions.

• Non-QM is part of our everyday business. Self-employed borrowers, real estate investors, bank-statement and DSCR loans, recent credit events: these are deals other shops turn away, and we know how to close them. If you’ve lost deals because your last company didn’t have the product, that stops here.

• Wholesale pricing. Broker channel pricing helps you compete on rate and cost against retail banks and big call-center lenders.

• Modern tech. You’ll originate in ARIVE, with lender pricing and submission in one platform, backed by a CRM with automated follow-up, so leads and past clients don’t go cold.

• Small enough to know you. You’ll have direct access to ownership. Your scenario questions get answered fast.

• Built locally, licensed properly. We’re a Michigan-headquartered company with real people in a real office, not a remote shell.

What You’ll Do

• Originate and manage your pipeline: generate and follow up on leads (provided or self-sourced), nurture referral partners, and move files efficiently while staying compliant with all lending regulations

• Guide borrowers from pre-qualification and application through underwriting and closing as their main point of contact and advocate

• Build real rapport by understanding each client’s situation, goals, and concerns, even when they’re guarded

• Find the “why” behind each purchase, refinance, or equity request (a growing family, a lower payment, debt consolidation, a business need, a fresh start) and match the product to that goal

• Structure files across conventional, FHA, VA, USDA, jumbo, Non-QM, HELOC, and home equity loans, choosing the right program and lender for each borrower

• Identify and place business financing (lines of credit and term loans) and home equity investment options when they fit the client better than a mortgage

• Explain options, rates, fees, and timelines in plain language

Compensation

• Commission only, with a 90-day draw to support you while you build momentum

• Earn on first mortgages, second liens, HEIs, and business loans

• Your production drives your paycheck

• Leads available, plus freedom to use your own sources

What Success Looks Like

• Clients feel informed, respected, and confident from application to closing

• Referrals and repeat business come from the trust you’ve built

• Files close smoothly, on time, and in compliance

Why Stateside Lending

• Comprehensive training in our products, process, and people

• Remote flexibility after onboarding

• A full product shelf: residential, Non-QM, home equity, and business lending

• Independence when you want it, resources when you need them

What You Bring

• Proven experience as a Loan Officer, with a track record of closed loans

• Deep knowledge of conventional, FHA, VA, USDA, Non-QM and jumbo loans and their underwriting guidelines

• Strong understanding of mortgage regulations and compliance

• Strong communication and negotiation skills: you listen first and speak clearly

• A client-first mindset: every borrower is a person with a story, not a number

• Professionalism when clients are stressed or skeptical

• Integrity: you tell clients what they need to hear, not just what they want to hear

• Self-motivation and the ability to work independently after training

• You’re teachable and a team player

• Active NMLS license, or the ability to obtain one

Nice to Have

• Non-QM experience (bank statement, DSCR, P&L, asset depletion)

• Experience with HELOCs, home equity loans, HEIs, or small business lending

• An existing network of realtors, CPAs, financial advisors, or business-owner clients

• Broker or wholesale-channel experience

At Stateside Lending, you get the independence of running your own career with the backing of a team that wants you to win. We start with thorough training in our products, our process, and our people, so you’re ready to serve borrowers from day one. Once you’re onboarded, you can work remotely, on your schedule.

As a broker, we give you access to a wide range of wholesale lenders and loan programs, so you can find the right fit for each borrower instead of forcing them into one product. Our processing and operations team handles the heavy lifting behind the scenes, and our tools and marketing support help you build and grow your pipeline.

You get competitive compensation, a culture that values your input, and leadership that’s always within reach. Work independently when you want, and lean on our resources when you need them.