Job Summary
We are seeking a dynamic and motivated Mortgage Loan Originator to join our dedicated financial services team. In this role, you will be the key driver in helping clients secure their dream homes by guiding them through the mortgage loan process with expertise and enthusiasm. Your primary focus will be on building strong relationships, assessing client needs, and providing tailored loan solutions that meet both client goals and regulatory standards. This position offers an exciting opportunity to leverage your sales skills and financial knowledge to make a meaningful impact in people's lives while advancing your career in the mortgage industry.
Responsibilities
- Actively engage with prospective clients to understand their financial goals and homeownership needs, providing expert guidance on loan options.
- Originate mortgage loans by evaluating client applications, conducting credit analysis, and ensuring compliance with FNMA (Fannie Mae) guidelines and Fair Housing regulations.
- Collaborate with underwriters, processors, and escrow officers to facilitate smooth loan processing from application through closing.
- Utilize mortgage software such as Quicken or similar platforms to input data accurately, track loan status, and generate necessary documentation.
- Negotiate loan terms with clients, lenders, and other stakeholders to secure favorable conditions while adhering to regulatory standards like TILA (Truth in Lending Act).
- Maintain excellent customer service by keeping clients informed throughout the loan process, answering questions promptly, and providing clear explanations of contracts and disclosures.
- Stay current on industry regulations, including Fair Housing laws, TILA requirements, and updates related to FNMA guidelines to ensure compliance at all stages of loan origination.
Experience
- Proven experience as a Loan Officer or Mortgage Loan Originator within the financial services or banking sector.
- Strong background in financial sales, negotiation, credit analysis, and loan processing procedures.
- Familiarity with mortgage underwriting processes, escrow procedures, and mortgage servicing operations.
- Proficiency in using accounting software, financial software such as Quicken or similar tools, and 10-key typing for data entry accuracy.
- Knowledge of contracts related to loans and banking regulations is essential for ensuring compliance.
- Demonstrated ability to perform basic math calculations accurately for credit assessments and loan estimations.
- Excellent customer service skills combined with a thorough understanding of TILA disclosures and Fair Housing regulations to support diverse client needs. Join us in helping individuals achieve homeownership while developing your expertise in a fast-paced, rewarding environment!
Pay is compensated based on commission, the more deals we close the pay out scale is unlimited.
Pay: $40,000.00 - $60,000.00 per year
Benefits:
- Flexible schedule
- Work from home
Work Location: Remote
