What are the responsibilities and job description for the Mortgage Loan Officer *250 bps Compensation position at LendingHouse?
***This position is for Self-Producing Loan Officers Only***
Join before December 1st and receive a $5,000 Sign-on BONUS!
Immediately enhance your Professionalism, Pipeline & Compensation! LendingHouse combines the flexibility of a broker with the power of a direct lender to create the ultimate platform for Loan Officers. Equipped with the latest technology you'll have the ability to structure loans like a retail lender while accessing your favorite wholesale lenders.
LendingHouse LO's Enjoy:
Industry Leading Technology
Streamline your pipeline management with instant pre-approvals, leads, digital docs, products and pricing, income analysis, integrated settlement fees, one-click AUS, forms and disclosures, lender integrations.
Advanced Features:
- With just 2 clicks of the mouse Arive will format a pre-approval letter and email
- Add your Realtors to Arive so they can easily generate new pre-approval letters
- AI Assisted Loan Partner Automated Processing
- Live Tech Support
- Access all capabilities from you smart phone or tablet.
Support
- Seamless processing (Available in 3 languages)
- On-demand Loan Officer Assistants (No cost to the LO)
- Top-rated training
- Live Tech Support available M-F
- Loan Scenario & Lender Support
- Efficient ticketing and support requests
- Coaching & Mentorship
Loan Programs
With access to over 50 Wholesale Lenders you’ll have all loan programs available including: Conventional, Jumbo, FHA, VA, USDA, Non-QM, Hard Money, DPA, SBA and Commercial. Originate FHA & VA down to 500 FICO.
Marketing
We believe in providing Loan Officers with all the necessary tools to enhance themselves and business in an ever changing online environment.
- Interactive marketing materials
- LO Websites with back-end lead management
- Content creation
- Turn-Key Social Media Solutions
- Custom Daily Content
- Social media coaching
Compensation & Benefits
NO Transaction Fee, NO Fees Deducted From Your Paycheck & NO Max Compensation!
LendingHouse takes on additional responsibilities from the wholesale lenders which allows us to pay our Loan Officers 250 Basis Point Compensation while keeping rates low.
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250 Basis Point Compensation
- $5,000 Sign-On Bonus
- Monthly & Quarterly Bonuses
- Performance incentives
- Lifetime Recruiting Incentive (10 bps)
- Get Paid Every Week
- 1099 & W2 available (State restrictions may apply)
Team Building & Career Growth
As a growing company we are always looking for experienced Loan Officers who want to take their careers to the next level and become a Team Lead. Operating a team allows you to create your own team identity, logo, apparel, website and marketing. Once you have developed new members into Sr. Loan Officers you will continue to receive revenue share on all their closings even if they are no longer apart of your team. Successful Team Leads who want to continue their career growth have the option to transition to a branch manger and earn up to 5% in revenue for each branch location.
Requirements:
- Consistently self-sourcing $500K per month in originations
- High-School Diploma or GED Equivalent
- Mortgage Loan Originator license with NMLS
LendingHouse is now available in: AL, CA, CO, FL, ID, IA, LA, NC, SC TN, & TX. NMLS#2141418 www.LendingHouse.net
Salary : $500,000
