Mortgage Loan Originator

NexCap Lending is a premier mortgage brokerage that specializes in offering a diverse range of loan programs and unparalleled support to clients. We take pride in our commitment to providing competitive interest rates, an extensive array of loan options, and access to an industry-leading mortgage platform. As we continue to expand, we're on the lookout for highly motivated and seasoned Loan Officers to join our dynamic team in a remote capacity.

Job Description

As a Loan Officer at NexCap Lending, you'll play a crucial role in guiding clients through the entire loan application and approval process. Your responsibilities will include evaluating loan applications, conducting thorough financial analyses, and steering clients toward the most suitable loan programs and alternatives available to them. Your expertise, coupled with exceptional customer service skills, will empower clients to achieve their homeownership aspirations while ensuring adherence to regulatory standards.

Perks

• Cutting-edge technology platform and website provided at no cost
• Comprehensive marketing and underwriting support
• No monthly fees, inactive fees, or desk fees

Responsibilities

• Develop referral contacts (realtors, builders, professional and personal contacts).
• Assess loan applications, review credit reports, and evaluate financial data to determine clients' eligibility for various loan programs.
• Offer precise and detailed information about different loan options, interest rates, and terms to guide clients through the loan process.
• Collaborate with clients to collect essential documents, such as income statements, tax returns, and bank statements, ensuring a seamless application experience.
• Analyze clients' financial profiles, encompassing debt-to-income ratios, credit scores, and employment history, to ascertain loan feasibility.
• Present well-informed loan recommendations and assist clients in choosing the most appropriate loan program based on their financial objectives.
• Maintain ongoing communication with clients, real estate agents, and relevant stakeholders to provide updates on loan status and address any concerns.
• Stay abreast of industry trends, loan products, and regulatory guidelines to ensure compliance and deliver accurate information to clients.
• Leverage our superior mortgage platform to expedite loan applications, monitor progress, and uphold accurate records.
• Collaborate closely with the support team, including Loan Officer Assistants (LOAs) and Loan Processors, to ensure seamless customer service and efficient loan processing.
• Uphold exceptional customer satisfaction by providing outstanding service and resolving customer inquiries or issues promptly.

Requirements

• Have to be a licensed MLO.
• Understanding of mortgage loan programs, underwriting guidelines, and interest rates preferred.
• Familiarity with loan origination software and mortgage platforms.
• Strong grasp of financial analysis, credit evaluation, and loan documentation.
• Exceptional communication and interpersonal skills, fostering trust and rapport with clients.
• Keen attention to detail and adeptness in multitasking within a fast-paced environment.
• Strong problem-solving acumen and analytical thinking.
• Ability to work remotely and independently while maintaining high levels of productivity and accountability.
• Active mortgage loan originator (MLO) license within the state(s) of operation.
• Compensation is commission-based.

Benefits

• Flexible schedule
• Support for professional development
• Supplemental pay types: Bonus opportunities, Commission pay
• Experience: No prior loan origination experience required

Job Type: Full-time

• Pay: $50,000.00 - $150,000.00 per year

Compensation package:

• Bonus opportunities
• Commission pay

Payment frequency:

• Paid biweekly

Schedule:

• Monday to Friday

Work setting:

• In-person
• Office

Ability to Commute:

• Houston, TX 77036 (Required)

Work Location: In person

Job Types: Full-time, Commission

Compensation Package:

• Bonus opportunities
• Commission pay

Schedule:

• Monday to Friday

Work Location: In person

Salary : $50,000 - $150,000