Outside Loan Originator
$13,500–$65,000 year
On-siteHauppauge, New York, United States
Hauppauge, New York, United StatesOn-siteFull Time$13,500–$65,000 yearHigh School Or Equivalent
Full TimeHigh School Or Equivalent
Job Summary
Sell mortgage loans to customers outside AnnieMac offices by building relationships with realtors, title officers, and financial advisers. Generate new business through closings, open houses, and seminars while taking borrower information, analyzing income and debt, and pre-qualifying clients. Counsel borrowers on loan products, closing costs, and credit issues; collect documents, provide disclosures, and maintain contact until closing. Order legal documents and review HUDs prior to closing. Requires 80% travel, a state mortgage license, and knowledge of underwriting and lending laws.
Required Qualifications
- Experience directly related to the Mortgage Industry
- Must have appropriate state license or certificate (varies by state)
- Must have a thorough knowledge of pricing and underwriting requirements of various mortgage insurance companies
- Must have a working knowledge of credit underwriting and property eligibility requirements for FNMA, FHLMC, FHA, VA, local bonding programs and private investors
- Must be familiar with local, state and national laws (e.g. zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.)
- Must have excellent communication skills and the ability to analyze financial information
- Must be a sales-oriented self-starter
- Travel is required 80% of the time
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