Reverse Loan Officer

Benchmark MortgageWesley Chapel, FL
138d

About The Position

With Relationships as one of Benchmark's core values, building and maintaining relationships in order to source loan applications is the primary focus of our loan officers. The Loan Officer sources and originates loan applications from consumers and maintains relationships to develop and keep an active pipeline of applicants. Ideal candidates for this position have a strong service-oriented mindset with prior, proven reverse mortgage loan sale experience, excellent communication skills, and proven knowledge of reverse mortgage lending, compliance, Quantum Reverse or Reverse Vision and regulatory requirements.

Requirements

  • Minimum of 12 funded self-generated reverse mortgages in prior 12 months required.
  • Has built a solid referral base.

Nice To Haves

  • Some college preferred.
  • Professional certification (CRMP) a plus.

Responsibilities

  • Establish and maintain relationships through frequent travel with individuals including existing clients, past clients, and real estate professionals to generate business referrals.
  • Maintain a pipeline of applications within federal and state regulations.
  • Analyze reverse mortgage applications and determine the programs best meeting the needs of the consumer.
  • Gather required application data and provide initial documents and disclosures to the applicant.
  • Communicate and educate the consumer on qualified programs (both HECM and proprietary products if eligible) including benefits and risks.
  • Support communication through the loan process between operations staff and the borrower.
  • Provide all applicable initial documents and disclosures to the loan processor.
  • Work with assigned Benchmark branch(s) in the training, marketing and assisting in all aspects of Benchmarks' reverse mortgage program.
  • Other duties as assigned.
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