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! Compensation: $60,000 - $75,000 yearly 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 About Company Cornerstone First Mortgage is a full-service mortgage bank headquartered in San Diego, licensed in 49 states and Puerto Rico. All aspects of the loan process (processing, underwriting, and funding) are conducted in-house. We have grown exponentially over the past few years and are always looking for driven and motivated individuals to join our team. #WHRE3 Compensation details: 60000-75000 Yearly Salary PIc9ed47de0c88-29400-39998928