12 Mortgage Loan Officer Jobs in Allentown, PA
Unreal Staffing, Inc is Hiring a Mortgage Loan Officer Near Allentown, PA
Job Summary:We are seeking a motivated and detail-oriented Loan Officer to join our team. The ideal candidate will be responsible for evaluating, authorizing, and recommending approval of loan applications. You will work closely with clients to understand their financial needs, provide expert advice, and guide them through the mortgage loan process. Your goal is to help clients secure financing for their home purchases while ensuring compliance with all regulations and company policies.
Key Responsibilities:
- Client Consultation: Meet with clients to assess their financial needs, explain loan products, and guide them through the mortgage application process
- Loan Origination: Collect and analyze clients' financial information, including credit reports, income statements, and tax returns, to determine loan eligibility
- Documentation: Ensure accurate and complete loan application files, including all necessary documentation and forms
- Compliance: Stay up-to-date with industry regulations and company policies to ensure all loan processes are compliant
- Relationship Management: Build and maintain strong relationships with clients, real estate agents, and other stakeholders to promote business growth
- Product Knowledge: Maintain a thorough understanding of various mortgage products and services offered by the company
- Problem Solving: Address and resolve any issues that may arise during the loan approval process
- Competitive Advantages:
- Access to integrated real estate, mortgage, title settlement, and personal-lines insurance solutions
- Exclusive access to a network of sales offices and associates to prospect branch-generated purchase mortgage and refinance loans
- Support from sales leaders to discuss best practices designed to grow market share
- A variety of company-generated leads, including internet leads, referral leads, unattached service portfolio, and past customer leads, to augment closed loan production
- A dedicated marketing department to help build and expand your personal brand
- A marketing liaison to drive engagement with sales associates and prospects at the point of sale
- Access to a robust CRM and digital technology platform to prospect new and existing customers
- Branch Business:
- Competitive bps on closed loan volume
- Self-Sourced Business:
- Attractive bps incentives for self-sourced loans
- Brokered Closings:
- Percentage of YSP paid to the company
- Company Generated Leads:
- Lucrative bps for leads provided by the company, including internet leads, portfolio customers, and insurance agency customers
- Transition Bonus:
- Generous transition bonuses based on previous closed production, with a net commission structure ensuring earnings above the monthly guarantee
- Quarterly Bonus:
- Bonuses for branches achieving significant closed market share
- Presidents Club:
- Special recognition and additional incentives for top performers with substantial closed loan volume and/or a high number of closed first mortgages annually
RequirementsQualifications:
- Education: Bachelor's degree in finance, business, or a related field preferred
- Experience: Minimum of 2-3 years of experience in mortgage lending or related financial services
- Skills:
- Strong understanding of mortgage loan processes and regulations
- Excellent interpersonal and communication skills
- Proficient in financial analysis and credit evaluation
- Detail-oriented with strong organizational skills
- Ability to work independently and as part of a team
- Proficiency in mortgage software and Microsoft Office Suite
- Medical:
- Open Access Plus - HSA Plan
- Open Access Plus - Enhanced Plan
- Vision and prescription benefits included
- Plans administered by Cigna
- Dental:
- Coverage administered by Cigna
- Life and AD&D Insurance:
- Coverage based on annual salary
- Voluntary term life and accidental death and dismemberment plans available
- Plans administered by NY Life
- Supplemental Insurance:
- Accidental Injury Insurance
- Hospital Care Insurance
- Critical Illness Insurance
- Includes Annual Wellness Incentive Benefit
- Flexible Spending Accounts (FSA):
- Administered by WageWorks
- Short-Term Disability Insurance (STD):
- Administered by NY Life or state-specific programs
- Long-Term Disability Insurance (LTD):
- Administered by NY Life
- 401(k) Plan:
- Company matches 25% on the dollar up to the first 6% of employee contributions
- Administered by T. Rowe Price
- Paid Time Off (PTO):
- Accrued from hire date
- Includes carryover provisions
- Holidays:
- Nine paid holidays, including a Floating Holiday
- Work Life Benefits:
- Access to various work/life balance resources
- Tuition Reimbursement:
- Up to 50% reimbursement for job-related courses
- Miscellaneous Programs:
- Real Estate School tuition and License Fee reimbursement
- Employee Home Sale/Purchase Incentive Program
- Weichert Perk Programs
- Commuter benefits (NJ employees only)
Job Summary
Full Time
$47k-65k (estimate)
06/10/2024
11/16/2024
The job skills required for Mortgage Loan Officer include Financial Services, Mortgage Loans, Loan Origination, CRM, Microsoft Office, Mortgage Lending, etc. Having related job skills and expertise will give you an advantage when applying to be a Mortgage Loan Officer. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Mortgage Loan Officer. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Mortgage Loan Officer positions, which can be used as a reference in future career path planning. As a Mortgage Loan Officer, it can be promoted into senior positions as a Mortgage Loan Officer II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage Loan Officer. You can explore the career advancement for a Mortgage Loan Officer below and select your interested title to get hiring information.
If you are interested in becoming a Mortgage Loan Officer, 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 Mortgage Loan Officer for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Mortgage Loan Officer job description and responsibilities
A person seeking to become a mortgage broker must be at least 18 years old.
12/26/2021: Grand Forks, ND
All state-licensed loan originators must pass a national exam - required under the SAFE Act.
12/25/2021: Vallejo, CA
For the most part though, mortgage loan officers spend their days helping people navigate an exciting time.
02/04/2022: Modesto, CA
Having the skills to be detail-oriented and thorough go a long way when becoming a mortgage loan officer.
01/07/2022: Roanoke, VA
Loan Officer Assistants play an essential role on a Loan Officer’s team.
11/30/2021: Albany, NY
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 Mortgage Loan Officer jobs
COMPLETE FINGERPRINTS/BACKGROUND CHECK AND PAY ALL FEES.
12/28/2021: Allentown, PA
Connect with real estate agents.
02/06/2022: Santa Rosa, CA
PASS THE NATIONAL SAFE EXAM VIA NMLS WITH 75% OR HIGHER.
11/30/2021: Jackson, MS
START GENERATING LOANS WITH TEAM MORTGAGE CALCULATOR CO.
01/30/2022: Colorado Springs, CO
Step 3: View the best colleges and universities for Mortgage Loan Officer.
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