Loan Officer

Overview:

We are seeking a qualified Loan Officer to join our team. The ideal candidate will have a proven track record in loan origination, excellent communication skills, and the ability to thrive in a dynamic work environment.

Location: Remote

Compensation Structure:

• 80% of the revenue priced into the loan goes to the Loan Officer for the first $12 Million funded in a calendar year.
• After $12 Million, the commission increases to 90%.
• Payments are processed within 4-5 days of the loan closing.
• States that we allow for 1099 are AZ, CA, CO, FL, MD, MI, OH, OR, TN, TX, WA, WI, WY, and VA.

Duties:

• Originate and close a minimum of 1-2 Self Gen deals per month.
• Maintain excellent communication and phone skills for effective interaction with clients, partners, and internal teams.
• Ensure compliance with licensing requirements in specified states.
• Collaborate with underwriters and processors for a smooth and efficient loan process.
• Stay updated on industry trends, regulations, and market conditions.
• Provide exceptional customer service throughout the loan origination process.
• Build and maintain relationships with clients, real estate professionals, and other stakeholders.

Qualifications:

• Minimum 24 months of experience in loan origination.
• Proven track record of closing deals and meeting targets.
• Strong understanding of mortgage products, guidelines, and industry regulations.
• Detail-oriented with excellent organizational and time-management skills.
• Ability to work independently and as part of a team.
• Familiarity with the specified licensing states and their regulations.
• Familiarity with the LOS - Arive.

Licensing Requirements:

• Actively licensed in the following states: AL, AZ, AK, CA - DFPI, CO, CT, DE, Washington DC, FL, GA, ID, IL, IN, IA, KS, LA, MD, MI, MN, MS, MT, NE, NJ, NM, NC, OH, OR, PA, SC - DCA, SD, TN, TX - SML, UT, VA, WA, WI, WY.

Job Type: Full-time

Pay: $250,000.00 - $400,000.00 per year

Benefits:

• Flexible schedule
• Work from home

Compensation package:

• Commission pay

Payment frequency:

• 1099 contract

Schedule:

• 8 hour shift
• Monday to Friday

Application Question(s):

• Do you have an active NMLS in AL, AZ, AK, CA - DFPI, CO, CT, DE, Washington DC, FL, GA, ID, IL, IN, IA, KS, LA, MD, MI, MN, MS, MT, NE, NJ, NM, NC, OH, OR, PA, SC - DCA, SD, TN, TX - SML, UT, VA, WA, WI, WY? (Only one required)
• Do you have experience with self-generated leads?
• Do you have experience with Arive? (similar to Encompass)

Experience:

• Loan origination: 2 years (Preferred)

Work Location: On the road