Internal Loan Consultant

loanDepot • Windsor, CO

2d • $23

About The Position

Position Summary : Responsible for cultivating loans through inside referrals from interstate branches, employee loans, departed loan consultants, or MSA/Desk rental partners. Assists the Branch Manager in training and onboarding new hires and supports other loan consultants when requested by management.

Requirements

• Experience in the Mortgage industry preferred.
• NMLS loan originator license required.
• Continuing education classes required by licensing authority.
• Continuing training classes required by the company to meet CFPB requirements.
• High School Degree or equivalent required and a minimum of one (1) + years’ experience working in a similar field.

Responsibilities

• Communicates positively and professionally with operations staff throughout the process of the loan to ensure a smooth closing.
• Engages in managing the loan pipeline with all team members to meet company efficiency standards.
• Meets with borrowers to determine the best loan program for individual needs after analyzing income, assets, credit, and property.
• Collect all required documentation from borrowers and convert it to paperless documents.
• Prepares and submits loan submission sheet to set up.
• Reads and understands rate sheets, product codes, loan level price adjustments to calculate rates and fees.
• Negotiates and confirms rates, fees, and lock terms with customers.
• Locks loans in the system with agreed upon terms and manages locked pipeline through funding.
• Communicate regularly with borrowers to meet desired expectations.

Benefits

• Aggressive compensation package based on experience and skill set.
• Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
• Work with other passionate, purposeful, and customer-centric people.
• Extensive internal growth and professional development opportunities including tuition reimbursement.
• Comprehensive benefits package including Medical/Dental/Vision.
• Wellness program to support both mental and physical health.
• Generous paid time off for both exempt and non-exempt positions.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED