Loan Originator

Tempe, Arizona, United States

SNAPSHOT

  • Direct Hire
  • 100
  • Never
  • <2 years

Pay Details

$30,000 + Commission

Job Description

We pay for all the leads that you need to be a successful loan originator!  

Other reasons to join:

  • We are a top lender
  • One of the nation’s largest servicers
  • Publicly traded – strong financial backing
  • All leads provided, in house servicing portfolio of over 4 million borrowers
  • Leads provided through inbound and outbound opportunities
  • DTC division increase by 150% in volume since 2018
  • We originate within 49 states plus DC
  • Company paid sponsorship & Continuing Education
  • Excellent lead management system, extremely effective- Sales Force
  • Full-service processing, Mortgage consultants are responsible for getting the initial docs signed and then passed off to inhouse servicing team

We offer

  • Numerous products such as FHA, VA, Conventional, Jumbo, HARP, USDA, 203k, and proprietary portfolio products
  • Paperless submissions and e-disclosures
  • Strong management and training team to assist in reaching your true potential
  • Local processing and fast turn times
  • Generous compensation package

Responsibilities:

  • Originate first home mortgages and refinance loans by responding to company-provided leads via phone in a timely manner from: internet, direct mail campaigns, referrals or other special marketing campaigns
  • Provide superior customer service skills by responding to company-provided leads in a timely manner from: internet, direct mail campaigns, radio ads, referrals or other special marketing campaigns
  • Originate first home mortgages and refinance loans
  • Engage with consumers, determine their needs and offer the appropriate products
  • Take mortgage loan applications by phone and prepare effective loan proposals
  • Obtain all necessary information to close the loan in a timely manner, including but not limited to: credit reports, income verification, appraisals, lien searches, etc.
  • Meet individual monthly sales goals
  • Stay informed of developing trends in the mortgage industry

Qualifications:

  • Experience using persuasive, selling communication skills
  • Previous experience in a call center environment
  • Work efficiently and accurately with proven success in a fast-paced environment
  • Detail-oriented with demonstrated, careful decision-making skills
  • Working independently with minimal supervision
  • Passing a background check for state licensing
  • Origination experience in the mortgage or banking industry required
  • Must possess minimum of 10 state licenses
  • Must have originated a loan in the past three months
  • Maintenance of mortgage licenses by completing mandatory annual continuing education
  • A solid understanding of appraisals, title reports and product guidelines

Questions from the employer


You will need to answer the following questions when you apply to this job.

  • How many active NMLS state licenses does the candidate possess?
  • How many loans have you submitted over the past 90 days? How many of those have closed?
  • How many years of experience do you have originating loans? How many of those years have been originating in a call center environment?
  • How do you rate your knowledge of FHA, VA HARP, USDA AND 203K products (proficient, basic or limited)
  • In your current/last job, do/did you have a monthly quota?
  • What percentage of the time do you achieve the quota?
  • In the last 3 years have you been employed by any companies you are listed as non-re-hirable?
  • Have you won any production awards in the past 3 years? If yes, describe.
  • In the last 2 years what percentage has your pipeline been with refinance, purchase, and streamline or HARP?
  • How many years have you worked as a Loan Originator on a base plus commission structure? What was your highest earning year (total comp)?
  • Where do you need to be from a compensation perspective in your next role?

Apply to this job