Real Estate Agent - Mortgage Loan Originator (Remlo)

Role and Responsibilities:
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

At First Community Mortgage, Inc., we help customers reach their dreams of becoming homeowners every day. We are searching for a qualified Mortgage Loan Originator who is also a full time Real Estate Agent (REMLO) to guide customers through our mortgage application process and close loans. The REMLO will meet with clients to understand their goals and recommend plans that best fit their needs. The Loan Originator will gather and evaluate all necessary financial information, submit applications, and provide updates throughout the process. Our talented employees provide truly rewarding experiences for our customers, and we are committed to providing the same for them.

The newly created position of Real Estate Agent-Mortgage Loan Originator (REMLO) is a non-exempt consumer-facing part-time sales position requiring the FCM REMLO employee to be the first touchpoint for the customer regarding leads and prospective applications within the Real Estate office or brokerage.

The REMLO Originator position is only available to applicants with other full-time employment unrelated to mortgage lending. FCM will provide computer equipment, training, NMLS registration, e-mail address, business cards/ branding, access to the loan operating system, access to pricing, and/or certain programs that apply to a loan file after initial application in the same manner as other FCM retail Mortgage Loan Originators

The REMLO-Borrower introduction is required to be done in a timely manner. The REMLO will provide financing information, pull credit, take the Mortgage Loan application, and follow through on any other aspects of the Real Estate purchase from inception to completion that the borrower requires in the same manner as other FCM retail Mortgage Loan Originators. The REMLO will be mentored by an experienced FCM Loan Originator (?mentor?) to assist with the loan process.

Objectives of this role

• Help qualified borrowers successfully obtain mortgages.
• Educate customers on mortgage rules and regulations, interest rates, and the application process.
• Advise customers, ensuring each is paired with a mortgage that best meets their needs.
• Work as a cohesive team with loan processors and underwriters, collecting all documentation and information they need to process applications.
• Ensure all deadlines are met, addressing and resolving all application issues in a timely manner
• Create positive, lasting relationships with our clients and build a referral network.

Responsibilities

• Meet with potential customers to evaluate their financial background and homeownership goals.
• Recommend the mortgage plans that best align with customers? backgrounds and needs, drawing on research and personal expertise.
• Collect the financial documents and information needed to complete a mortgage application, performing research and conducting interviews as needed, and ensure that all information is complete and accurate
• Resolve any application issues
• Keep an open line of communication with applicants throughout the process, providing updates and answering any questions that arise.
• Inform customers when their applications have been approved or denied.
• Work with FCM Superiors to learn more about loan origination.

This job has no supervisory responsibilities.