Job Description
Job Title: Mortgage Loan Officer Department: Peak Finance Company
Location: Los Angeles, Ventura County, Santa Barbara, or San Luis Obispo, CA; hybrid
Job Purpose:
We are seeking a Mortgage Loan Officer to join our team. This position will report directly to the Mortgage Sales Manager. We have offices in Woodland Hills, Ventura County, Santa Barbara, and San Luis Obispo, and we welcome candidates from these areas or the surrounding areas.
This is primarily a remote/hybrid role, offering flexibility to work from home or from one of our office locations. However, the role will require travel to visit clients and attend office meetings.
Primary Responsibilities:
· Prospecting clients for residential mortgage solutions
· Proactively convert inbound and outbound sales leads into applications
· Identifying potential clients’ financial needs and recommending optimum product/rate program combinations
· Achieving required sales performance goals that will be evaluated on a monthly basis.
Essential Functions:
· Solicit, originate, negotiate, secure, and process residential mortgage loans.
· The counseling and advising of loan applicants.
· The collection of information and documents from applicants and other parties
· The interest rates, points and fees established in connection with loans.
· The collection of charges or any other amounts from loan applicants
· Monitoring the status of loan applications and keeping applicants and other appropriate parties advised of the status.
· Coordinating the loan processing and closing with Employer’s personnel
· Answer questions from applicants and other appropriate parties regarding closings and assist in resolving disputes related to closings.
· Distributing information regarding Employer's loan products, loan prices and services to real estate brokerage professionals
· Answering questions from consumers and real estate brokerage professionals regarding Employer's loan products, loan prices and services
· Attending Employer-conducted meetings and presentations, and meetings and presentations of real estate brokerage firms
· Preparing reports and ensuring the accuracy and completeness of the contents of loan files and retention of documents
· Perform additional duties as assigned.
Skills/Qualifications:
· At least 3 years of experience in managing and negotiating loans within a fast-paced environment.
· Must be familiar with loan processing guidelines including Fannie Mae, Freddie Mac, and FHA.
· Solid knowledge of standard loan practices, documents, and real estate terms
· Strong understanding of the mortgage market
· Proficiency in Spanish preferred
· Must be based in California
Compensation:
· $52000-200,000 per year; commission pay
Company DescriptionPeak Finance Company provides uniquely competitive rates and a best-in-class team to find innovative mortgage solutions personalized to the needs of our clients. Our residential real estate financing experts specialize not only in offering traditional loans at competitive rates, we work on behalf of credit challenged, self-employed, and first-time home buyers.
Peak Finance Company provides uniquely competitive rates and a best-in-class team to find innovative mortgage solutions personalized to the needs of our clients. Our residential real estate financing experts specialize not only in offering traditional loans at competitive rates, we work on behalf of credit challenged, self-employed, and first-time home buyers.
...Ferry Foundation Horticulture Intern Cleveland Botanical Garden Internship Opportunity: The Horticulture & Collections department at the Cleveland Botanical Garden is seeking summer interns. The Horticulture Interns will rotate through...
...months of verifiable Class A driving experience Clean driving record (no major violations, accidents, or suspensions) High school diploma or GED equivalent required Strong understanding of FMCSA regulations and safe driving practices Ability to work independently...
Join Our Team as a Work-From-Home Data Entry Research Panelist! Are you ready to earn money from the comfort of your own home? This exciting opportunity is perfect for anyone with a variety of skills and backgrounds whether youve been an administrative...
...Procedures 80 F.T.O. Hours Must be able to complete Central Booking Procedures 160 F.T.O. Hours Must be able to complete Prisoner Transport Procedures 24 F.T.O. Hours Must be able to complete Civil Process Procedures 160 F.T.O. Hours Must be able to...
...Work from home ~$29/hr Full job description 24hr Bookkeeper, Inc. provides confidence in client construction financials.... ...quickly adapt to change. We strive to find employees who have Quickbooks Online, construction and bookkeeping experience. Join our team...