Loan Officer Assistant

Company Description
Summit Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders. When Todd Scrima, our owner and CEO founded our company in 1995 his dream was not to be the biggest, but to strive to be the best. In 2022 we were proud to play a part in making the dream of homeownership a reality for over 10,000 people. Our growth mindset, positive culture, and history of stability are just a few things that position our company as a leader in the mortgage industry.
Benefits and Perks:

• Opportunity to further a career in a competitive, fast-paced growing industry where you can make a difference in people's lives.
• Opportunity to earn competitive compensation including possible bonuses based on performance.
• Full benefits include medical, dental, vision, 401K plus match, 11 paid holidays, paid time off, and more.
• Fun team atmosphere, professional development, and more.

Job Description
Summit Funding in Sacramento, CA is hiring! We are now recruiting candidates for a Loan Partner/Loan Officer Assistant to join our team.
An exciting opportunity for an outgoing, organized, detail-oriented, aspiring professional who is interested in growing in the world of mortgage and finance. The Loan Partner is a pivotal role that provides administrative and marketing support to the busy producing Loan Officer helps them grow their business, and assists in making the borrower's dream of homeownership a reality.
Starting pay rate ranges between $22 to $28/hr DOE and includes the potential to earn monthly bonuses based on production
What you would be doing:

• Manage your Loan Officer's calendar, keeping them on schedule and on task.
• Monitor and manage communication on behalf of the Loan Officer as needed.
• Source, track and follow up with leads, schedule and confirm appointments with borrowers and referral partners.
• Prepare potential borrowers before they come in to meet with the Loan Officer.
• Send out thank you correspondence to borrowers and referral partners on the Loan Officer's behalf.
• Assist with marketing responsibilities including managing their database of referral partners, initiating and executing marketing campaigns.
• Collaborate with the Loan Officer to come up with new, creative, unique ideas for marketing campaigns.
• Maintain office supplies in stock including Summit marketing brand kits and team merch.
• Manage and update social media sites and marketing campaigns.
• Coordinate Happy Hour, Lunch and Learn and other events with clients, referral partners, vendors and internal team members.
• Assist the Loan Officer with putting together loan applications.

Additional Responsibilities if NMLS Licensed:

• Prequalify clients to include discussing, rates, terms and/or financial options.
• Call and obtain conditions from borrowers and Realtors. Clear any conditions that require communication with the clients.
• Meet with clients to sign Loan Applications and Disclosures.
• With new contracts, facilitate the introduction to Realtors via e-mail and facilitate a call from the Loan Officer to ensure positive customer service for our new clients.
• Understand and research all investor guidelines and stay up to date on any and all program changes that affect the processing or originating of loans in the pipeline.
• Submit complete files to processing based on Investor and/or AUS requirements to get ready for submission to Corporate.
• Communicate loan approval by sending pre-approval/commitment letters to all parties involved in the transaction.
• Send out correspondence - Thank you cards, Closing Cost Calculators, etc.
• Coordinate Closing details with Client - Final Payment, rate, Cash to Close, etc.
• Quote interest rates and lock loans.
• Solve escrow issues without involving the Loan Officer.
• Review all closing statements, compare to signed CD before signings and correct discrepancies.

Qualifications

• Minimum of 1 year in mortgage processing, underwriting, originating or combination of all aspects experience preferred.
• Registered and licensed through NMLS a plus
• Proficient in DU/DO, LP, & major Origination systems.
• Proficient with major correspondent and wholesale channels and their guidelines, including their websites and pricing engines.
• Must be able to work 40 hours per week and overtime as required in the office.
• Must be proficient in Word, Excel and Outlook applications.
• Must have excellent verbal and written communication skills.
• Must have a positive attitude.
• Must be dependable, self-motivated and require minimal supervision.

Additional Information
All your information will be kept confidential according to EEO guidelines.
Videos To Watch
https://www.youtube.com/watch?v=r5Di-wNKD9Y