Job Description
As a Mortgage Loan Originator (MLO), you will be the driving force behind selling and servicing residential mortgage loans. You will build relationships with clients and industry partners while ensuring smooth and efficient loan processing throughout the entire transaction. The role requires you to be licensed in the states where you conduct business, adhering to state licensing regulations.
Key Responsibilities
Loan Origination & Sales: Develop a network of industry and related industry partners while originating various types of residential mortgage loans.
Loan File Management: Review, analyze, and research collateral/property, borrower creditworthiness, and other relevant details of loan files to ensure eligibility.
Customer Service: Provide exceptional service to clients, ensuring all necessary documents are gathered to move the loan files through the process, either independently or with the support of a Loan Partner.
Marketing & Database Management: Regularly update the marketing database and seek new loan opportunities.
Core Responsibilities
Loan Origination: Market and originate residential loan business, ensuring all phases of the loan process comply with company and regulatory standards. Expected production includes at least three closed loans per month.
Preliminary Loan Research: Conduct initial research to assess mortgage eligibility.
Customer Interaction: Work directly with clients to secure all required documents, ensuring the loan file is complete before processing.
Collaboration with Marketing: Partner with the marketing team to generate new leads and grow the loan officer's prospect base.
Skills & Qualifications
Knowledge: Extensive understanding of residential mortgage products such as Conventional, FHA, USDA, VA, and other government-backed loans. Familiarity with RESPA laws and guidelines.
Sales & Customer Service Skills: Strong communication and interpersonal skills to effectively interact with clients and partners.
Problem-Solving: Ability to troubleshoot and resolve client issues to ensure a smooth transaction.
Technology Skills: Proficiency in MS Office and loan origination systems (experience with Encompass is a plus).
Education: A 2-4 year college degree or equivalent industry experience is preferred.
Experience: At least one year of experience or related training in mortgage lending.
Certifications: Active Mortgage Loan Originator license approved by NMLS.
Physical & Work Environment
Physical Demands: Primarily office and off-site work with regular computer use and close vision.
Work Conditions: A fast-paced, high-volume work environment requiring attention to detail and excellent organizational skills.
Employment Type: Full-Time
Salary: $ 15.00 20.00 Per Hour
Job Tags
Hourly pay, Full time, Work from home,