Mortgage Loan Originator II

Mortgage Loan Originator II

Fully Remote TX - Parmer HQ - Austin, TX 72727

Overview

Salary Range $31,200.00 Salary Position Type Full Time Education Level High School Category Real Estate Lending - Sales/origination

Description

High earners in this REMOTE position have the potential to make $241,000-$461,000+ per year in base, incentives, and bonus earnings combined. This person will rely primarily on self-generating leads.

Amplify Credit Union is putting wealth-building power of home ownership into the hands of more Texans. In addition to being named a Top Workplace by the Austin American-Statesman seven years in a row, we're proud to say that we are the first full-service financial institution that doesn't have deposit fees of any kind.

We're looking for a Mortgage Loan Originator to join our mortgage lending team in serving existing members and procuring new members through the origination of quality real estate loan products. This is a field-based position that emphasizes self-generated business development, community engagement, and strong pipeline management in addition to member service.

As a Mortgage Loan Originator with Amplify, you will enjoy the best support and industry technology available.

• Our incentive program is one of the best in the industry. We offer a top-tier incentive plan designed for top producers who want to grow and earn big.
• We are an Agency Direct Lender offering Conventional, FHA/VA/USDA, Jumbo, Second lien, and Portfolio Products.
• We use Encompass, Optimal Blue, and Salesforce to make the lending process as streamlined as possible.
• An entire marketing department will assist you in all areas (from listing sheets to social media blogs and posts).
• We provide daily leads to complement your self-generated business.
• As a credit union (depository), we lend in the whole state of Texas.

Responsibilities

• Develops and nurtures relationships with prospective and existing borrowers through self-sourced and assigned leads to generate mortgage loan volume.
• Drives business development through community engagement, partnerships with real estate professionals and local organizations, and active use of social media to build brand awareness and generate leads.
• Meets with borrowers and referral partners in the field to originate mortgage loans, maintaining consistent pipeline activity and reporting progress to management.
• Advises borrowers on available mortgage products, sets clear expectations for the loan process, and maintains up-to-date knowledge of lending options.

Required Qualifications

• At least 2 years of recent mortgage lending experience.
• Experience in proper loan pricing based on credit union rate determinations and understanding the use of points or discounts.
• Registration as a MLO with the Nationwide Mortgage Licensing System (NMLS) and Registry on an annual basis in addition to maintaining updates as needed.
• Must have experience with Desktop Underwriter and/or Loan Prospector underwriting systems and packaging of conforming loan standards.
• Be efficient with the use of a personal computer, Microsoft Office products (Excel, Word, and PowerPoint), Credit Bureau Systems and financial calculators.
• High school diploma or GED.
• Must be bondable.
• Must have reliable internet access of 50MBPS which is the minimum speed required to connect to several of our systems and platforms.

Preferred Qualifications

• Bachelor's degree in business or related field.
• FHA and VA origination experience a plus.
• Prior experience using Encompass.

What We Offer

• Customized volunteer opportunities with our signature partners (Saint Louise House).
• Additional paid time off for volunteer-related activities.
• Undergraduate and graduate tuition benefits for eligible full-time and part-time team members.

Starting Pay and Benefits

This role offers base pay of $31,200 per year and up to 130 basis points incentive pay per loan. It also entails the benefits available to all Amplify employees, including a 401(k) with a company match of 100% on the first 5% you contribute.

Location

This remote role is available to candidates living in the state of Texas.