Mortgage Loan Officer

About the role

Orchard Mortgage is an affiliate of Orchard, dedicated to providing mortgage services to its real estate customers. This role is full-time and remote, based in the Houston Metro area, and involves attending agent networking events monthly.

Responsibilities

• Consult with clients about current needs and financing solutions to help them achieve their financial goals, including Orchard Mortgage’s unique offerings like the Equity Advance loan.
• Build great relationships with Orchard’s real estate agents and collaborate with them to create a great home buying experience for our customers.
• Be the go-to person for all home financing-related needs, including being the expert on the Equity Advance loan and Move First offering.
• Closely manage a pipeline of at least 10-15 loans per month, primarily purchases with some refinances.
• Work collaboratively with other teams across the Orchard ecosystem, including Real Estate and Title Operations, to provide the best customer outcomes.
• Support weekend coverage once per month to ensure customers have the support they need, even on weekends.

Requirements

• At least 3+ years of lending experience and an active NMLS license or registration (required for Texas).
• Strong consultative sales skills to help customers understand and utilize the programs available to them.
• A passion for customer service and relationship building, with the ability to stay in touch with customers even outside of regular business hours.
• Deep knowledge of guidelines for Fannie Mae, Freddie Mac, FHA, VA, and the ability to provide high-quality pre-approvals/pre-qualifications (bonus for familiarity with non-QM programs and reno/construction loans).
• Technology-savvy with the ability to learn and work with new systems, particularly those like Blend and Byte.

Qualifications

• Experience with technology, especially in mortgage systems like Blend and Byte.
• Ability to work independently and manage a high volume of loan applications.
• Strong communication and interpersonal skills.

Skills

• Excellent communication skills.
• Ability to build strong relationships with both customers and agents.
• Knowledge of mortgage regulations and guidelines.
• Proficiency in using mortgage software systems.

Benefits

Orchard offers competitive compensation, including a draw against commission structure with a 3-month ramp period for new hires. The average full-time fully ramped Loan Officer earns $125-175k per year, depending on performance. Additional benefits include health insurance, retirement plans, and equity in the company.

Pay

The average full-time fully ramped Loan Officer earns $125-175k per year, depending on performance. The structure is a draw against commission with a 3 month ramp period for new hires.

Schedule

This is a full-time role that will report into the Mortgage Sales Manager.