Mortgage Loan Originator
RemoteCalifornia, United States or Arizona, United States
Job Summary
Assist potential borrowers with initial loan applications for refinance and purchase, verifying financial history and acquiring credit reports from major bureaus. Submit applications to analysts or examine creditworthiness to determine approval, denial, or modification recommendations. Explain lending options and payment schedules while maintaining accurate credit and lending records. Cultivate a robust referral network with builders, real estate agents, and local businesses. Manage a pipeline of loans moving through various stages using conventional, governmental, and non-QM products. Requires 2+ years as a loan officer and certification of mandatory state training.
Required Qualifications
- High School Diploma or equivalent
- Certification of any mandatory state loan officer training or licensing required
- 2+ Years as a Loan officer
- Solid understanding of local, state, and federal loan regulations
- Excellent verbal and written communication skills
- Excellent interpersonal, customer service, and sales skills
- Thorough understanding of Federal Housing Authority (FHA), Veterans Affairs (VA), Federal National Mortgage (Fannie Mae), and other types of construction and conventional loans
Desired Qualifications
- Bachelor's Degree in Finance or equivalent
- 3+ Years as a Loan Officer
- Knowledge of LOS Encompass system
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