Licensed Mortgage Loan Officer (1+ year required)

Responsibilities :

• Evaluate loan applications and determine the creditworthiness of applicants
• Conduct thorough financial analysis and assess the risk associated with each loan application
• Negotiate loan terms and conditions with clients to ensure mutually beneficial agreements
• Collaborate with clients to gather necessary financial documents and information for loan processing
• Utilize loan origination software, such as Quicken, to streamline the application and approval process
• Perform credit analysis to assess the likelihood of repayment and adherence to TILA regulations
• Maintain accurate records of loan applications, approvals, and denials
• Collaborate with underwriters and other team members to ensure smooth loan processing
• Stay up-to-date with industry trends, regulations, and best practices in loan origination
• Work with partner lenders such as Rocket, AmeriSave, Loan Depot, PennyMac, etc.

Qualifications :

Proven experience in financial sales or a related field

NMLS license required

Strong knowledge of loan origination processes and procedures

Familiarity with accounting software for financial analysis purposes

Excellent negotiation skills to secure favorable terms for both the client and the bank

Ability to analyze creditworthiness and assess risk accurately

Strong attention to detail and ability to work in a fast-paced environment

Excellent communication skills, both written and verbal

Ability to build rapport with clients and provide exceptional customer service

Please note that this job description is not exhaustive and additional responsibilities may be assigned as needed.

Job Type : Full-time

Pay : $100,000.00 - $600,000.00 per year

Benefits :

401(k)

Dental insurance

Health insurance

Life insurance

Vision insurance

Schedule :

8-hour shift

Monday to Friday

Pay types :

Base Pay

Commission pay

Bonus Pay

License / Certification :

MLO License (Required)

Ability to Commute :

Troy, MI 48084 (Required)

Work Location : In person