What are the responsibilities and job description for the Loan Officer Assistant position at Motto Mortgage Preferred?
Job Summary
We are seeking a dedicated and detail-oriented Loan Officer Assistant, Junior Loan Officer or admin professional to join our team. The ideal candidate will be responsible for assisting a Senior Loan Officer with all aspects of the loan process for clients, pipeline management, and marketing. An understanding of the loan process, credit analysis, and compliance with Fair Housing regulations. Is a plus. The Loan Officer Assistant/Junior LO will work closely with clients to ensure a smooth and efficient lending experience.
Duties
- Evaluate and analyze clients' financial information to determine eligibility for loans.
- Guide clients through the prequalification application steps.
- answer phones, email and texts
- Conduct credit analysis with guidance If necessary.
- Build loan files in system for LO review
- Stay updated on FNMA guidelines, TILA regulations, and Fair Housing regulations to ensure compliance.
- review collected financial documents .
- work in client retention management system.
- Maintain strong relationships with clients by providing exceptional customer service throughout the lending process.
Qualifications
- some experience in a similar role within the banking or financial services industry.
- Some knowledge of loan processing procedures.
- Some familiarity with FNMA guidelines, TILA regulations, and Fair Housing regulations is helpful.
- Exceptional communication skills, both verbal and written, with a focus on customer service.
- Ability to work independently while managing multiple tasks in a fast-paced environment.
- Detail-oriented mindset with strong organizational skills.
If you are passionate about helping individuals achieve their financial goals through homeownership and willing to learn or have your NMLS we encourage you to apply for this exciting opportunity. Growth has no limits in this business!
Job Type: Full-time
Pay: From $40,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Opportunities for advancement
- Paid time off
Compensation Package:
- Commission pay
Schedule:
- 8 hour shift
Ability to Commute:
- Prince Frederick, MD 20678 (Required)
Ability to Relocate:
- Prince Frederick, MD 20678: Relocate before starting work (Required)
Work Location: In person
Salary : $40,000