Consumer Direct Loan Originator

Job Details

Job Location

Linthicum MD MD944 - Linthicum, MD

Remote Type

Fully Remote

Position Type

Full Time

Salary Range

$14.42 - $16.50 Base+Commission / year

Description

Position Summary :

Loan Originator's primary dutyis making sales by outbound dialing and use of electronic means of communication to generate and develop business from loan applicants with various financial needs. Loan Originator provides residential mortgage loans to borrowers looking to purchase real estate or refinance an existing mortgage and generates leads to increase production. Primarily responsible for working with customers interested in identifying and obtaining permanent FHA / VA and conventional mortgage loans and other residential mortgage programs that best meet the customer's financial needs and objectives and adhering to the requirements of federal registration under the SAFE Act. Interviews applicants over the phone to collect and analyze information regarding their income, assets, debts, and credit data as well as their needs, desires, and earnings to determine whether the loan will be an acceptable risk; obtains and analyzes pertinent financial and credit data. Independently assesses the applicant's creditworthiness. Has authority to issue pre-qualification statements of borrowers' eligibility. Loan Originators possess strong communication and negotiating skills and a willingness to provide exceptional customer service.

Qualifications :

• Active MLO license

Essential Job Functions :

Specific tasks will include, but are not limited to, the following :

Full-time Loan Originator- 9 or more closed loan transactions in a three-month period (Quarterly).

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with a job.

Additional Information :

This position offers a minimum wage draw against commission. Commission plans may vary based on location, experience, and other qualifying factors.

In addition to a competitive compensation package, qualifying employees are eligible to participate in our Total Rewards program. Additional information can be found by clicking on the following link : Benefits and Total Rewards