Executive Loan Officer (TN)

Rocket Companies•Remote - Tennessee, TN
•$36,000 - $251,000

About The Position

The Executive Loan Officer is the face of Rocket Mortgage to clients. As a licensed mortgage loan originator, this role uses knowledge of loan programs, guidelines, mortgage documents, and the home-buying process to guide clients through obtaining mortgage financing and achieving their goals. The officer supports clients from application through closing, identifies appropriate loan products based on their financial situations, evaluates their financial documents and eligibility, and educates them about home purchases, refinancing, and mortgage management. The position also develops referral relationships and a book of business, markets Rocket Mortgage, and represents the brand in civic and community activities to support business development and lead generation. This is an incentive-based role with a stated base compensation of $17.31 per hour and anticipated annual compensation of $36,000 to $251,000 inclusive of incentive pay.

Requirements

  • Experience in mortgage loan origination.
  • State and federal licenses.
  • A proven track record obtaining referrals and generating lead volume.
  • Professional communication, time management, results-driven, teamwork, and critical/strategic thinking skills.

Nice To Haves

  • Three years of experience in mortgage loan origination.
  • Desire to work and grow in an entrepreneurial environment.

Responsibilities

  • Assist clients through the loan process from application to closing, including resolving client concerns.
  • Build and maintain relationships with real estate agents, investment advisors, accountants, other professionals, friends, family, and closed clients to market the Rocket brand and help clients obtain financing suited to their goals.
  • Consult with clients and analyze their financial situations to determine an appropriate loan product.
  • Evaluate clients’ financial status and documents, including credit, employment, income, assets, and property, to determine financing eligibility.
  • Cultivate relationships with mortgage referral sources and market the value of working with Rocket Mortgage.
  • Advise and educate clients on the home-buying or refinance process and ways to better manage their mortgage.
  • Establish, develop, and maintain a book of business to drive referral volume and revenue.
  • Provide excellent service to every referral source and client.
  • Stay current on Rocket Mortgage product offerings, qualifying parameters, and process changes.
  • Represent the Rocket brand at civic and community functions to support business development and drive leads to the branch.

Benefits

  • Eligible team members may receive health benefits and other perks; the job description directs candidates to the company’s full Benefits and Perks list for details.
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