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.
...with teammates and guests from around the world. With 40+ resorts across 3 continents, you can join our team for a season or stay... ...compensation rates in the industry, free Epic pass(es) along with free ski and snowboard lessons, 40% retail discounts, the chance to grow...
...Compensation ~ Hourly wage: $16-19 per hour Have you worked as a babysitter, daycare worker, nanny, or church nursery volunteer? Are you a retired teacher or teaching professional who is seeking a small environment rather than a classroom? Are you known as the...
...Description Job Description About the role Are you the go-to person for vacation tips, flight hacks, and dreamy getaways? Turn your passion for travel into a rewarding career as a Digital Travel Planner ! You will help clients plan unforgettable trips from beach...
...organized, attentive to detail, and methodical in project execution ~ Skilled in project planning methodologies and tools (MS Project, Smartsheet, etc.)~ Comfortable onsite, working closely with construction and clinical teams ~ A proactive communicator who follows...
I'm working with a well-funded startup who are hunting for a React Native Developer to join their team near Liverpool Street.They're at an exciting time right now as they're popular in the UK market but would eventually like to be a global brand. To do this they'll be...