Mortgage Loan Advisor, MLA

Job Description

Job Description

Mortgage Loan Advisor (MLA) 
USA Remote

• Employment Type: Commission-based/W2

• 100% commission
• Typically paid 1.25%–1.75% of loan volume100% remote
• Leadership believes top performers can substantially increase production and earnings through Momentum's model

• As a Mortgage Loan Advisor at Momentum Mortgage Group, you are the trusted guide and financial expert for homebuyers and homeowners. You play a pivotal role in capturing leads, staying current with all lending criteria, understanding borrower goals, and driving successful loan originations. As the front-line representative of Momentum, you uphold our brand of trust, service, and modern mortgage expertise

• To originate mortgage loans in compliance with federal and state regulations, while delivering exceptional borrower experiences, building long-term relationships, and achieving personal and team production goals

• Promote both yourself and the Momentum brand online and offline
• Generate leads using a mix of digital tools, personal outreach, networking, and marketing
• Utilize company-provided CRM, SMM, and marketing collateral to maximize visibility
• Create and request compliant digital and print marketing materials as needed
• Attend networking events and establish professional referral partners

• Initiate contact with new leads from various sources (referrals, social media, website, etc.)
• Conduct discovery calls to understand borrower goals, timelines, and loan needs
• Educate clients on loan options and requirements, acting as a trusted advisor
• Design loan solutions and garner borrower agreement
• Guide borrowers to complete loan applications via our loan origination system (LOS)
• Collaborate with the Licensed Mortgage Specialist (LMS) to ensure smooth document collection and application accuracy

• Collaborate with LMS to get essential client and 3rd party data to confirm lending options
• Once pre-qualified, present tailored solutions that meet borrower compliant qualifications
• Address any borrower questions and secure commitment to proceed
• Relay all final decisions and design (product, lock, pricing, registration) for LMS execution
• Ensure applicants have team contact info and sign initial disclosures in a timely manner

• Ensure that all automated milestone updates are being sent to all interested parties associated with the loan
• Monitor the loan file through underwriting to keep borrowers informed and engaged
• Resolve borrower's questions or concerns, ensuring complete borrower's confidence

• Confirm final loan terms with borrowers and assist with scheduling closings
• Attend closings when possible to enhance borrower relationships and reinforcing loyalty
• Collect testimonials and encourage online reviews to support brand reputation
• Transition closed borrowers into post-closing nurture campaigns

• Stay engaged with past clients through CRM campaigns and personal outreach
• Monitor market shifts (rate drops, equity growth) to identify opportunities for past clients
• Leverage long-term relationships to generate referrals and repeat business

• Track personal production metrics (lead conversion, pipeline velocity, quote-to-close ratios)
• Participate in sales sessions, company events, and internal training on industry/marketing
• Stay current with changes in loan programs, compliance, technology and best practices

• Comprehensive knowledge of mortgage programs (Conventional, FHA, VA, Non-QM, etc.)
• Consultative and client-centered communication style
• Proficiency with LOS, CRM, Pricing engines, and digital lending tools
• Highly organized, self-motivated, and detail oriented
• Must desire to grow personally and professionally and willingness to apply effort

• Bachelor's degree in business or related field (preferred)
• Active NMLS license in a licensed state (required)
• Minimum of 2 years of mortgage loan origination experience

• Achievement of individual loan volume and revenue goals
• Compliance with company policies and regulatory requirements
• Borrower satisfaction scores, retention and testimonials collected
• Contribution to company culture and promotion of brand reputation

• Recommend and structure loan options within company guidelines
• Submit loans for processing and collaborate with the team for improving client experience
• Leverage company resources to grow personal brand and loan volume