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Mortgage Loan Officer - Home Equity Specialist
Company Overview:
Amidst the challenges of the fluctuating mortgage market, our organization stands strong by focusing on HELOCs and Home Equity Loans. We are in search of dedicated Mortgage Loan Officers ready to capitalize on our tailored lead generation, resulting in lucrative monthly earnings.
Key Responsibilities:
What We Offer:
Ideal Candidate:
Why Join Us:
Our focus on equity products shields us from the high rates affecting 1st mortgages. We've optimized our processes to ensure our team has the best chance of success. If your goal is to consistently achieve five-figure monthly earnings, let's get you there!
Application Process:
Interested candidates are encouraged to apply and learn more about how we can help you thrive in this rewarding position.
Responsibilities
•Counsel borrowers to understand the pros and cons of different loan products to determine which is best for them
•Ensure all phases of the loan process are performed in accordance with regulatory and company guidelines
•Oversee all customer interactions and ensure a smooth transaction by interfacing with realtors, processors, and underwriters
•Manage a large pipeline of loans to ensure your production meets our requirements
•Work closely with industry-related professionals to gather and prepare all necessary information to complete underwriting requirements
Qualifications
•Possess excellent written and verbal communication skills, superb interpersonal and customer service skills, and exceptional decision-making ability
•Strong understanding of HELOC/HELOAN guidelines and structuring
•Strong understanding of company loan policies and guidelines, as well as all federal and state regulations
•Current NMLS State License or Federal NMLS Registration
Mortgage Loan Officer - Home Equity Specialist
Company Overview:
Amidst the challenges of the fluctuating mortgage market, our organization stands strong by focusing on HELOCs and Home Equity Loans. We are in search of dedicated Mortgage Loan Officers ready to capitalize on our tailored lead generation, resulting in lucrative monthly earnings.
Key Responsibilities:
- Work with warm transfers and fresh leads, averaging 8 to 10 leads daily.
- Take applications.
- Pitch qualified borrowers.
- Once loans are sold, our processing staff takes over the file which allows you to concentrate on selling the next borrower.
What We Offer:
- High-Quality Leads: Benefit from pre-filtered leads that focus solely on HELOCs and Home Equity Loans.
- Competitive Compensation: Top agents have the potential to make 200 bps per loan funded. A top banker is expected to do 15 to 20 loans a month. An average banker will fund between 8 and 10 loans in a month.
- Efficient Processes: Our average loan completion time is just 17 days, thanks to our use of AVMs instead of traditional appraisals.
Ideal Candidate:
- Strong communication skills and a keen ability to grasp new products.
- Motivated to succeed financially in the evolving mortgage landscape.
- Prior experience in mortgage lending or a related field would be an advantage.
Why Join Us:
Our focus on equity products shields us from the high rates affecting 1st mortgages. We've optimized our processes to ensure our team has the best chance of success. If your goal is to consistently achieve five-figure monthly earnings, let's get you there!
Application Process:
Interested candidates are encouraged to apply and learn more about how we can help you thrive in this rewarding position.
Responsibilities
•Counsel borrowers to understand the pros and cons of different loan products to determine which is best for them
•Ensure all phases of the loan process are performed in accordance with regulatory and company guidelines
•Oversee all customer interactions and ensure a smooth transaction by interfacing with realtors, processors, and underwriters
•Manage a large pipeline of loans to ensure your production meets our requirements
•Work closely with industry-related professionals to gather and prepare all necessary information to complete underwriting requirements
Qualifications
•Possess excellent written and verbal communication skills, superb interpersonal and customer service skills, and exceptional decision-making ability
•Strong understanding of HELOC/HELOAN guidelines and structuring
•Strong understanding of company loan policies and guidelines, as well as all federal and state regulations
•Current NMLS State License or Federal NMLS Registration
