Job Description
Job Purpose:
We are looking for a skilled Mortgage Loan Officer to join our team. Reporting directly to the Mortgage Sales Manager, this role plays a crucial part in our mission to provide exceptional mortgage solutions to clients across various locations including Woodland Hills, Ventura County, Santa Barbara, and San Luis Obispo.
This position offers flexibility with a remote/hybrid work environment, allowing you to work from home or any of our office locations. However, travel will be necessary for client meetings and office gatherings.
Primary Responsibilities:
- Actively prospect and engage potential clients for residential mortgage solutions.
- Convert inbound and outbound sales leads into mortgage applications proactively.
- Assess clients' financial situations and recommend suitable mortgage products and rate programs.
- Meet monthly sales performance goals set by management.
Essential Functions:
- Solicit, originate, negotiate, secure, and process residential mortgage loans.
- Provide comprehensive counseling and guidance to loan applicants.
- Collect required information and documentation from applicants and stakeholders.
- Manage loan pricing, points, and fees in accordance with established guidelines.
- Keep applicants informed about the status of their loan applications throughout the process.
- Coordinate closely with internal teams to ensure smooth loan processing and closing.
- Address inquiries from applicants and stakeholders, resolving issues related to loan closings.
- Promote our loan products, pricing, and services to real estate professionals.
- Attend and participate in company and real estate brokerage meetings and presentations.
- Prepare accurate reports and maintain complete loan files and documentation.
Skills/Qualifications:
- Minimum of 3 years of experience in loan management and negotiation in a dynamic environment.
- Familiarity with loan processing guidelines such as Fannie Mae, Freddie Mac, and FHA.
- Strong knowledge of standard loan practices, documents, and real estate terminology.
- Deep understanding of the mortgage market trends and developments.
- Proficiency in Spanish is advantageous.
- Must be based in California.
Compensation:
- Competitive annual compensation ranging from $52,000 to $200,000, including commission.
About the company:
The company offers highly competitive rates and a dedicated team committed to delivering innovative mortgage solutions tailored to our clients' needs. Our expertise extends beyond traditional loans to include specialized services for credit-challenged, self-employed, and first-time home buyers.
Employment Type: Full-Time
Salary: $ 52,000.00 200,000.00 Per Year
Job Tags
Full time, Remote job,