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

Benefits

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Vision insurance

Schedule

8-hour shift
Monday to Friday

Pay

$100,000.00 - $600,000.00 per year

Pay Types

• Base Pay
• Commission pay
• Bonus Pay

Licenses/Certifications

Ability to Commute: Troy, MI 48084 (Required)

Work Location

In person