Junior Loan Officer

Responsibilities

• Client Engagement: Conduct interviews with clients to understand their financial situation, needs, and loan preferences
• Presentation & Consultation: Prepare and deliver clear loan presentations that outline terms, conditions, and potential pricing scenarios
• Pricing: Accurately price loan products and explain rates, fees, and options to clients
• Pipeline Management: Act as the point of contact for clients throughout the loan process, coordinating with processing and underwriting teams to ensure timely progression
• Relationship Management: Build and maintain strong relationships with clients, aiming for high satisfaction and potential referrals
• Review all loan package documentation for discrepancies, omissions, and income calculation, then report any discrepancies to the loan originator
• Follow up and respond to customer and in-house inquiries on transactions as needed in order to provide superior customer service

Qualifications

• Advance comprehension of loan financing options such as Non-QM, Foreign nationals, Conventional, FHA, VA, and Home Equity Loans
• Computer proficiency required, including MS Office; some CRM, MLS, DU, and proprietary mortgage software preferred
• Ability to effectively work in a strong team-oriented environment and provide outstanding communication and customer service to clients
• 3-5 years of professional office environment experience as a loan officer assistant or mortgage assistant preferred
• Understanding of state and federal legislation, as well as underwriting rules and processes

Compensation

$60,000 - $75,000/year

About Cornerstone First Mortgage

Cornerstone First Mortgage is a full-service mortgage bank headquartered in San Diego, licensed in 49 states and Puerto Rico. All aspects of the loan process (processing, underwriting, and funding) are conducted in-house. We have grown exponentially over the past few years and are always looking for driven and motivated individuals to join our team.

www.cfmtg.com

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