The Loan Partner Two (“LP2”) is responsible for accurately prequalifying home loan applications, issuing and managing quality pre-approval letters, and overseeing the success of every loan in the committed pipeline.
Qualifications, skills, and all relevant experience needed for this role can be found in the full description below.
The LP2 will work cohesively with the Loan Officer(s), borrowers, loan processors, underwriters, and third parties to close 95%+ of all loans on time while providing an outstanding experience from application to close. This position requires substantial cash, credit, capacity (income), collateral, communication skills, and the ability to be resourceful.
Compensation : $72,000 yearly
Responsibilities :
3 Core Duties Key Measurements
Prequalify :
- Contact all borrower(s) within 24 hours after the Initial Loan Consultation
- Request and review cash, credit, and capacity (income) qualifications for all borrowers
Pre-Approve :
Accurately pre-approve all eligible borrowersHandle payment scenario requestsProactively contact pre-approved buyersCommunicate effectively with Realtor partnersPipeline :
Onboard all newly received contracts for Rate Lock ConsultationSubmit loan applications to Loan Processing for eDisclosuresExecute outstanding borrower Tuesday Updates, Pre-Closing Funding CallsEnsure 95%+ loans close on time with daily check-ins to address choke pointsResolve 95%+ of loan issues before escalating to the Loan OfficerEssential Duties of this Position
Prequalify :
Contact all newly received applications within 24 hours of assignment by LOThoroughly review 1003 with the borrower(s) and request necessary documentsExplore all options before turning down a pre-approval requestKeep Realtor partners updated on the progressStay up to date on investor guidelines program changesPre-Approve :
Communicate pre-approval parameters to borrowersProvide supplemental pre-approval documents (e.g., Pre-Approval Addendum)Notify the referring Realtor immediately after issuing pre-approvalExpedite rush pre-approval requestsFlag any red flags or potential issues to the LO or Team Captain (if applicable)Dedicate one hour weekly to pre-approval outreach power hourPipeline :
Expedite onboarding for newly received contractsPerform a daily “gauge check” to identify “hot loans”Attend weekly branch pipeline meetings to track loan milestonesDeliver Tuesday borrower update calls (and Realtors, when needed).Coordinate closely with loan processing teamsContact borrowers, attorneys, and realtors 24 hours before contingenciesexpire.Review Closing Disclosures for accuracy against the Loan EstimatesConduct pre-closing phone calls (48 hours before closing)Make congratulatory funding calls to borrowers, RealtorsProvide post-closing / funding supportBe available after hours for urgent questions (via mobile email)Consistently exceed borrower and referral partner expectationsAdditional Role Expectations :
Professionalism : Maintain high standards in speech and email (no slang, curt responses, etc)Client Experience : Act as a concierge between borrowers' business partnersQualifications :
Standard Job Requirements
Must maintain an active NMLS licenseMinimum 5 years in mortgage processing, underwriting, or originationProficient in DU / DO, LP, and major investor guidelinesExperience with Loan Origination Systems (Arive preferably)Skilled in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook, OneNote)Strong verbal and written communication skillsAbility to work under pressure and meet deadlinesExcellent time management and organizational skillsAbility to collaborate across the branch and corporate levelsCompletion of regulatory compliance trainingAbout Company
Mpire Financial Group, LLC is a mortgage brokerage based in Orlando, Florida, with Loan Originators across the US.
#WHRE2
Compensation details : 72000-72000 Yearly Salary
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