What are the responsibilities and job description for the Loan Officer Assistant position at M5 Financial?
Loan Officer Assistant – M5 Financial
Location : 5151 Shoreham Dr Suite 250, San Diego CA 92122
Full-Time | $50,000 - $65,000 Base Salary Performance-Based Bonus
About M5 Financial :
M5 Financial is a dynamic and client-focused mortgage brokerage committed to delivering tailored financing solutions. We specialize in wholesale mortgage lending, providing top-tier service and competitive products to homebuyers and real estate investors.
Position Overview :
We are seeking an experienced Loan Officer Assistant with a strong background in the mortgage industry, ideally in the wholesale or broker channel . The ideal candidate will support our loan officers in managing the loan pipeline, ensuring smooth communication with clients, lenders, and processors, and helping expedite loan closings.
Key Responsibilities :
- Assist loan officers with pre-qualifications, loan structuring, and client follow-ups.
- Gather, review, and organize loan documentation to ensure timely submission.
- Communicate with lenders, underwriters, and processors to track loan status and resolve issues.
- Maintain CRM records, update loan files, and ensure compliance with industry regulations.
- Provide excellent customer service by answering client inquiries and keeping them informed throughout the loan process.
- Assist with marketing efforts, including outreach to referral partners and managing loan officer calendars.
Compensation & Benefits :
Base Salary : $50,000 - $65,000 (based on experience)
Bonus : Performance-based incentives tied to loan volume and efficiency
Growth : Opportunities for career advancement within the company
Paid Time Off & Benefits : Competitive PTO, health benefits, and 401(k) options (if applicable)
Qualifications :
Experience : Minimum 2 years in the mortgage industry, preferably in the wholesale or broker channel .
Knowledge : Strong understanding of mortgage loan products, underwriting guidelines, and compliance requirements.
Skills : Excellent communication, organizational, and problem-solving abilities.
Tech-Savvy : Experience with loan origination systems (LOS), CRM platforms, and mortgage-related software.
Detail-Oriented : Ability to multitask and manage multiple loan files with precision and efficiency.
Licensing (Preferred but Not Required) : NMLS licensing is a plus.
Why Join M5 Financial?
Collaborative, fast-paced, and supportive work environment.
Growth opportunities within a leading mortgage brokerage.
Competitive compensation with performance-based incentives.
A company committed to providing excellent service and empowering clients to achieve their homeownership goals.
Salary : $50,000 - $65,000