What are the responsibilities and job description for the Mortgage Loan Originator position at AFEX Lending?
Overview
We are seeking a motivated and detail-oriented Mortgage Loan Originator to join our dynamic team. In this role, you will be responsible for guiding clients through the mortgage application process, providing exceptional customer service, and ensuring compliance with all relevant regulations. The ideal candidate will possess strong financial sales skills, a solid understanding of credit analysis, and the ability to navigate financial software effectively.
Responsibilities
- Develop and maintain relationships with clients to understand their mortgage needs and provide tailored solutions.
- Conduct thorough credit analysis to assess clients' financial situations and determine eligibility for various loan products.
- Prepare and present loan options to clients, explaining terms, conditions, and benefits clearly.
- Manage the entire loan process from application through closing, ensuring timely communication with all parties involved.
- Stay updated on industry trends, Fair Housing regulations, and FNMA guidelines to ensure compliance in all transactions.
- Utilize financial software such as Quicken for processing applications and managing documentation efficiently.
- Maintain accurate records of all client interactions and transactions using appropriate systems.
- Collaborate with real estate agents, underwriters, and other stakeholders to facilitate smooth loan closings.
Qualifications
- Proven experience as a Loan Officer or in a similar role within the mortgage industry is preferred.
- Strong understanding of credit analysis principles and financial sales techniques.
- Familiarity with contracts related to mortgage lending processes.
- Proficiency in using financial software; experience with Quicken is a plus.
- Excellent 10-key typing skills for efficient data entry and documentation management.
- Knowledge of Fair Housing regulations and commitment to ethical lending practices.
- Exceptional communication skills with the ability to build rapport with clients effectively.
- Strong organizational skills and attention to detail to manage multiple loans simultaneously.
Join our team as a Mortgage Loan Originator where your expertise will help clients achieve their homeownership dreams while advancing your career in a supportive environment!
Job Type: Full-time
Pay: $75,000.00 - $300,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
Compensation Package:
- Bonus opportunities
- Commission only
- Commission pay
Schedule:
- 8 hour shift
- Day shift
- Monday to Friday
Experience:
- Fair Housing regulations: 1 year (Preferred)
- Loan origination: 1 year (Preferred)
- Sales: 1 year (Preferred)
Experience:
- Fair Housing regulations: 1 year (Preferred)
- Loan origination: 1 year (Preferred)
- Sales: 1 year (Preferred)
Experience:
- Fair Housing regulations: 1 year (Preferred)
- Loan origination: 1 year (Preferred)
- Sales: 1 year (Preferred)
Ability to Commute:
- Troy, MI 48083 (Required)
Ability to Relocate:
- Troy, MI 48083: Relocate before starting work (Required)
Work Location: In person
Salary : $75,000 - $300,000