Mortgage Loan Manager (Commission Based)

Primary Accountabilities

• Direct Sales and Relationship Management
  • Originate and close a minimum of $1,000,000 per month in residential mortgage loans.
  • Interview applicants to determine their ability to qualify for a mortgage loan.
  • Analyze the applicant’s financial situation in order to qualify them for the correct loan amount and mortgage program that fits their individual needs.
  • Represent Home Loans Division in managing relationships with clients of Home Loans Division including its borrowers who apply for mortgage loans and Realtors, developers and other referral partners who are in a position to refer current or future borrowers to Home Loans Division for mortgage financing opportunities.
• Sales Team Management
  • Provide timely support to all team members in the form of loan training, loan analysis, business development, and loan troubleshooting to ensure regulatory compliance as well as compliance with policies and procedures.
  • Aid in the recruiting and managing of new team members as positions open or as their team merits expansion.
  • Input customer information into the loan origination system and all other systems (i.e. automated underwriting, contact management, etc.) as deemed necessary.
  • Make recommendations regarding credit decisions on residential mortgages to the underwriting representatives of Home Loans Division or of various wholesale funding sources.

Minimum Qualifications

• Education: High School Diploma or GED equivalency required.
• Experience: 6+ years of direct sales experience within the mortgage industry required. 5+ years of Supervisory or 3+ years management experience required.
• Licenses/Certifications: Registration with the Nationwide Mortgage Licensing System & Registry (NMLS) is required prior to performing any duties of a Mortgage Loan Originator (MLO) required upon hire.