Sr. Loan Officer

Overview
We are seeking a dedicated and experienced Senior Loan Officer to join our dynamic team. In this role, you will be responsible for guiding clients through the loan process, ensuring compliance with all regulations, and providing exceptional customer service. The ideal candidate will have a strong background in loan processing and financial sales, combined with a thorough understanding of mortgage servicing and relevant regulations.

Responsibilities:

• Meets with borrowers to determine best loan program for individual needs after analyzing income, assets, credit, and property.
• Prepares and submits loan submission sheet to set up.
• Reads and understands rate sheets, product codes, loan level price adjustments in order to calculate rates and fees.
• Negotiates and confirms rates, fees, and lock terms with customer.
• Locks loans in the system with agreed upon terms and manages locked pipeline through funding.
• Communicates positively and professionally with operations staff throughout the process of the loan to ensure a smooth closing.
• Engages in managing the loan pipeline with all team members to meet company efficiency standards.
• Collects all required documentation from borrowers and converts to paperless documents.
• Communicates regularly with borrowers to meet desired expectations.
• Analyzes potential marketing opportunities to develop future business opportunities.
• Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position.
• Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.
• Proficient with sales software and contact management tools.

Requirements:

• Experience in the Mortgage industry required.
• NMLS loan originator license required.
• Continuing education classes required by licensing authority.
• Continuing training classes required by the company to meet CFPB requirements.
• High School Degree or equivalent required and a minimum of one (2) years’ experience working in a similar field.

Why work for #teamloanDepot:

• Aggressive compensation package based on experience and skill set
• Inclusive, diverse and collaborative culture where people from all backgrounds can thrive
• Work with other passionate, purposeful and customer-centric people
• Extensive internal growth and professional development opportunities including tuition reimbursement
• Comprehensive benefits package including Medical/Dental/Vision
• Wellness program to support both mental and physical health
• Generous paid time off for both exempt and non-exempt positions

About loanDepot:

loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.

Base pay is one part of our total compensation for Purchase Loan Consultants. The base pay for this role is determined by your state's minimum wage and county requirements. In addition to an uncapped commission plan. Ramp-up bonuses are possible, based on a proven record of recent production.

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Job Type: Full-time

Pay: $150,811.00 - $168,711.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Health insurance
• Vision insurance

Compensation Package:

• Commission only
• Commission pay

Ability to Commute:

• Coeur d'Alene, ID 83814 (Required)

Ability to Relocate:

• Coeur d'Alene, ID 83814: Relocate before starting work (Required)

Work Location: Hybrid remote in Coeur d'Alene, ID 83814

Salary : $150,811 - $168,711