Mortgage Loan Officer Assistant

Job Summary

The Loan Partner 2 (LP2) job description outlines a critical role within the lending team, focusing on prequalifying borrowers, issuing pre-approvals, and managing the loan pipeline. Here are the key responsibilities and qualifications for an LP2:

Responsibilities

• Accurately prequalifying home loan applications
• Issuing and managing quality pre-approval letters
• Oversight of the success of every loan in the committed pipeline
• Collaborating with Loan Officers, borrowers, loan processors, underwriters, and third parties to ensure 95%+ of all loans close on time while providing an outstanding experience from application to close

Qualifications

This role requires a strong foundation in financial analysis and customer service skills. A bachelor's degree in finance, economics, or a related field is preferred, but not required. Experience in the mortgage industry, particularly in prequalification and pre-approval processes, is highly valued.

Compensation

$75,000 - $100,000 yearly