Junior Loan Officer

Are you an outgoing people-person who thrives in a fast-paced work environment? If so, we are looking for you! Our lending team is seeking a junior loan officer to help applicants navigate the home loan process. We offer the training, the technology, and the team support to help you succeed. If you are looking for a lucrative career using your communication and interpersonal relationship-building talents, apply today! Responsibilities: • Meet sales expectations, generate new business, get referrals, and monitor sales pipeline • Communicate with the senior mortgage loan officer/ MLO to make a recommendation of which mortgage loan products are best suited depending on applicant’s financial status • Assemble financial information to assist with loan applications, prepare loan files, and assess applicants’ financial situation and eligibility • Collaborate with the mortgage lender or mortgage banker, underwriter, loan processor, senior MLO / mortgage loan originator, and realtors on behalf of the applicant as needed to make sure the loan transaction goes through successfully • Educate loan applicants about various residential mortgage loans - answer questions and provide additional information to create personal relationships • Client Engagement : Conduct interviews with clients to understand their financial situation, needs, and loan preferences • Presentation & Consultation : Prepare and deliver clear loan presentations that outline terms, conditions, and potential pricing scenarios • Pricing : Accurately price loan products and explain rates, fees, and options to clients • Pipeline Management : Act as the point of contact for clients throughout the loan process, coordinating with processing and underwriting teams to ensure timely progression • Relationship Management : Build and maintain strong relationships with clients, aiming for high satisfaction and potential referrals • Review all loan package documentation for discrepancies, omissions, and income calculation, then report any discrepancies to the loan originator • Follow up and respond to customer and in-house inquiries on transactions as needed in order to provide superior customer service Qualifications: • Bachelor’s degree is preferred, but a high school diploma or equivalent is required • Exceptional communications, sales, relationship, and MS Office skills are necessary • Possess the intention to complete a training program to obtain NMLS/ MLO/ state license • Past experience with credit unions, lending institutions, real estate, financial services, or related fields is a bonus, but not required • Understanding of loan programs guidelines and various types of loans such as FHA, commercial loans, VA, etc is helpful, but not required • Advance comprehension of loan financing options such as Non-QM, Foreign nationals, Conventional, FHA, VA, and Home Equity Loans • Computer proficiency required, including MS Office; some CRM, MLS, DU, and proprietary mortgage software preferred • Ability to effectively work in a strong team-oriented environment and provide outstanding communication and customer service to clients • 3-5 years of professional office environment experience as a loan officer assistant or mortgage assistant preferred • Understanding of state and federal legislation, as well as underwriting rules and processes Compensation: $60,000 - $75,000 yearly

• Client Engagement: Conduct interviews with clients to understand their financial situation, needs, and loan preferences • Presentation & Consultation: Prepare and deliver clear loan presentations that outline terms, conditions, and potential pricing scenarios • Pricing: Accurately price loan products and explain rates, fees, and options to clients • Pipeline Management: Act as the point of contact for clients throughout the loan process, coordinating with processing and underwriting teams to ensure timely progression • Relationship Management: Build and maintain strong relationships with clients, aiming for high satisfaction and potential referrals • Review all loan package documentation for discrepancies, omissions, and income calculation, then report any discrepancies to the loan originator • Follow up and respond to customer and in-house inquiries on transactions as needed in order to provide superior customer service

Compensation:
$60,000-$75,000 per year