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Loan Officer Assistant
Fm Home Loans Brooklyn, NY
$48k-60k (estimate)
Full Time | IT Outsourcing & Consulting 1 Week Ago
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Fm Home Loans is Hiring a Loan Officer Assistant Near Brooklyn, NY

FM Home Loans is looking for very detailed oriented experienced mortgage professional with a background in originating or processing conventional and government loans to join our Brooklyn, New York City, and Teaneck, NJ teams in a Loan Officer Assistant role. The Loan Officer Assistant exceeds expectations by originating and processing loans in an efficient and timely manner, working directly with the borrower, referral partners, Loan Officer Teams, and Underwriting and Closing teams.

Requirements:

  • Track and manage new leads and follows up on referral business
  • Meet with borrowers as requested by Loan Officer
  • Complete Fannie Mae Form 1003 and complete loan setup in Encompass
  • Pull credit reports
  • Pre-qualify clients and sending pre-approval letters to clients
  • Call and obtain conditions from borrowers and Realtors
  • Calculate income and run DU/LP
  • Meet with clients to sign Loan Application and Disclosures
  • Track and manages new leads and follows up on referral business
  • Qualifications:
  • Prefer a minimum of 2 years of recent experience in mortgage lending preferably in processing
  • Working knowledge of loan program guidelines including conventional, jumbo, and government loan programs
  • Proficiency in DU/LP and Encompass LOS
  • Ability to calculate income
  • Strong verbal and written communication skills
  • Creative problem solver with a positive attitude
  • Ability to prioritize and multi-task in order to meet deadlines, strong organization skills
  • Strong sense of urgency and responsiveness along with the ability to demonstrate professionalism
  • Ability to work full time, 40 hour a week schedule in the branch with potential overtime as required

Job Type: Full-time

Pay: $45,000.00 - $50,000.00 per year

Work setting:

  • Hybrid work

Work Location: Hybrid remote in Brooklyn, NY 11210

Job Summary

JOB TYPE

Full Time

INDUSTRY

IT Outsourcing & Consulting

SALARY

$48k-60k (estimate)

POST DATE

06/20/2024

EXPIRATION DATE

06/26/2024

WEBSITE

fmm.com

HEADQUARTERS

BROOKLYN, NY

SIZE

100 - 200

FOUNDED

2002

CEO

SAMUEL TAUB

REVENUE

$10M - $50M

INDUSTRY

IT Outsourcing & Consulting

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The job skills required for Loan Officer Assistant include Underwriting, Loan Processing, Written Communication, Credit Reports, Mortgage Lending, Sense Of Urgency, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Officer Assistant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Officer Assistant. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Loan Officer Assistant positions, which can be used as a reference in future career path planning. As a Loan Officer Assistant, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Officer Assistant. You can explore the career advancement for a Loan Officer Assistant below and select your interested title to get hiring information.

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If you are interested in becoming a Loan Officer Assistant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Officer Assistant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Loan Officer Assistant job description and responsibilities

The Loan Officer Assistant position supports one or more Loan Officers by ensuring loan files are complete and loans close as scheduled.

03/15/2022: Provo, UT

Supports the marketing activities of the assigned loan officers and provides administrative support.

03/16/2022: Brockton, MA

The loan officer assistant will package up the mortgage loan application for the loan officer to review before disclosing the loan.

03/27/2022: Billings, MT

The loan officer assistant will gather many documents and paperwork to prepare the file to get assigned to a mortgage loan processor.

01/30/2022: Lawrence, MA

Loan officer assistants are responsible for assisting with the loan application process by reviewing and preparing client documents within a given period of time.

01/31/2022: Florence, SC

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Loan Officer Assistant jobs

Most loan officer assistants are licensed and have many years of loan origination and processing experience.

03/31/2022: Elyria, OH

Need to be familiar and expert with a loan origination system such as Encompass and/or Calyx Point.

02/05/2022: Orlando, FL

Study mortgage applications and processes.

02/11/2022: Miami, FL

Learn all applicable loan programs and processes and stay current with changes and new products.

02/01/2022: Phoenix, AZ

Assisted clients with transactions and communicated status of home loans, thereby building strong base of referral business due to delivery of excellent service.

02/17/2022: Alexandria, LA

Step 3: View the best colleges and universities for Loan Officer Assistant.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
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