Loan Officer, Junior - Retail
About The Position
The Junior Loan Officer is responsible for playing a key role in supporting Loan Officer activities, including building client relationships with realtors, builders, home buyers, financial planners and others. While supporting Loan Officers, the Junior Loan Officer will receive exposure, mentorship and ability to create their own client base. The Junior Loan Officer has the opportunity to produce and originate loans (with an active license), which will set them on a career path to become a Loan Officer or Senior Loan Officer. If you are passionate about helping clients achieve their dreams to become a home owner, speak Spanish and looking to expand your knowledge base in the mortgage industry, this position is for you!
Requirements
- Minimum of a high school diploma required.
- Minimum 1+ years’ of loan origination experience, loan officer assistant experience, strong sales experience or experience working in the mortgage industry required.
- Detail oriented with strong follow-up skills.
- Interpersonal skills that forge professional relationships and support, strong oral, verbal and written communication.
- Ability to speak and understand Spanish a requirement.
- To be knowledgeable and able to articulate all aspects of loan products offered, such as: FHA/VA, FHLMC, FNMA, JUMBO and all other loan programs that Embrace offers.
- Strong skillset in social media marketing and ability to gain customer interaction with such marketing techniques.
- Must currently have an active Mortgage Loan Originator (MLO) license through NMLS prior to receiving a job offer.
- Experience using Empower Loan Management Software preferred and training is provided. Other systems/platforms are used daily such as Microsoft Office Suite, Adobe, DocuSign, Total Expert, etc.
Nice To Haves
- Minimum 1+ years’ of marketing experience in sales environment is a plus
Responsibilities
- Establish, develop and maintain client referral relationships with Realtors, builders, Developers, CPA’s, financial planners and make sales calls on potential or existing customers in order to develop new business and/or retain existing business.
- Counseling and pre-qualifying potential homebuyers.
- Taking a complete and accurate loan application.
- Obtaining all necessary support documents along with the appropriate fees and lock-in information.
- Overseeing the loan process by monitoring loan status and ensuring conformity with term.
- Assisting in collecting additional documents and promptly communication loan status to all interested parties.
- Obtaining loan documentation after closing as directed by corporate or senior management.
- Actively manage marketing on social media for your own personal production and for assigned Loan Officer or Branch Manager
- Keep informed of trends, changes, regulations and developments in the local real estate market and competitor activity.
- Understand all origination, processing, appraisal, underwriting and closing requirements for Embrace and investor guidelines pertaining to both governments insured and privately insured mortgages.
- Ability to accurately negotiate price, terms and conditions with mortgages.
- Maintain a professional image and standards consistent with company policies and procedures
- Other duties as assigned by the Branch Manager or assigned Retail Loan Officer.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
Number of Employees
501-1,000 employees
