Loan Officer

Mortgage Trust is seeking Loan Officers!

We exist to empower our employees, clients, and referral partners to build wealth. Does that resonate with you?

Us

• We employ people who can contribute, grow, think, dream, create, and maintain a positive attitude.
• We provide excellence to our clients – with respect, transparency, equity, and honesty.
• We are more than “just another mortgage company.” The conversations we have and the resources we use with our clients revolve around their holistic financial lives.
• We consistently evaluate and improve every aspect of our business.
• We care about each other and have each other’s backs.
• We work hard, play hard, and give back to our community.

You

• Are you driven, motivated, competitive, hungry, and humble?
• Do you focus on referrals only – realtors, financial professionals, past clients, etc.?
• Do you close $2M per month in a normal environment?
• Are you a team player – willing to collaborate with other loan officers?
• Do you believe in a wealth-building philosophy, of which mortgages are an essential tool?

Why Mortgage Trust

We assure our Loan Officers (LOs) are focused on their highest and best use: cultivating client relationships, qualifying borrowers, and finding optimal loan solutions. Therefore, our LOs spend very, very little time on any administrative or processing duties. Setting up files, obtaining documentation, and chasing down conditions – as well as all primary communications with everyone involved in a transaction – are handled by assistants and processors. We feel so strongly about this model we’re willing to pay for it:

• After 1 quarter of 15 closed loans, MTI will pay $37,500/year toward an assistant (plus their benefits)
• After 2 consecutive quarters of 20 closed loans, MTI will pay $75,000/year toward an assistant (plus their benefits)
• Additionally, after 2 consecutive quarters of 30 closed loans, MTI will pay for an LO-dedicated processor

We are small, local, and nimble. We’ve worked for large, national mortgage companies, and… well, let’s just say that’s not our cup of tea. We were very small cogs in a very large machine, and that became more and more frustrating to us over time. 

Interest rates matter. We don’t need to get into the minutiae of why independent mortgage banks (Fairway, Guild, Academy, Caliber, etc.) have higher-than-market rates, but they all do. We’ve done multiple interest rate searches of most of the big banks and local credit unions over the past few months. Mortgage Trust’s rates are lower than all of them. By cutting out a lot of fat that comes with a large company, we’re able to offer very low rates. While we don’t think rates should be the primary factor in determining which mortgage lender to use, they are obviously a big piece of the puzzle. We’re happy to know that we’re now as competitive as any lender out there.

Mortgage Trust offers our loan officers:

• Commission based on 1.2% of your funded loan amounts
• Health insurance starting on the first of the month following your start date. This includes medical and vision through Regence Blue Cross Blue Shield and dental through Moda (Delta Dental or Willamette Dental). We pay 100% of the employee premium for the base plan (there are three plan levels available). Alternative plans and/or dependent coverage is available as a pre-tax employee expense.
• Two Flexible Spending Accounts (FSA) are also available starting on the first of the month following start date. Employees are able to deduct pre-tax money for out-of-pocket medical expenses and dependent care costs. Limited rollover of FSA funds from one plan year to another is available.

At Mortgage Trust, we value all employees and job candidates as unique individuals, and we welcome the variety of experiences they bring to our company. We believe everyone should be treated equally regardless of race, sex, gender identification, sexual orientation, national origin, native language, religion, age, disability, marital status, citizenship, genetic information, pregnancy, or any other characteristic protected by law.

Salary : $37,500 - $75,000