What are the responsibilities and job description for the Reverse Mortgage Loan Officer position at The Money House, Inc.?
Overview
We are seeking a motivated and detail-oriented Loan Officer to join our dynamic team. In this role, you will be responsible for guiding clients through the loan application process, assessing their financial needs, and providing tailored loan solutions. The ideal candidate will possess strong analytical skills, excellent communication abilities, and a solid understanding of financial products and regulations.
This role will have loan retention leads as well as other Marketing efforts. Self Generated volume will be a key in earning ability in this role. Position will be Hybrid.
Duties
- Evaluate loan applications and financial information to determine eligibility.
- Assist clients in completing loan applications and gathering necessary documentation.
- Negotiate loan terms with clients and ensure compliance with regulatory requirements.
- Maintain knowledge of current lending products, policies, and procedures.
- Collaborate with underwriters and other team members to facilitate the loan approval process.
- Provide exceptional customer service by addressing client inquiries and concerns promptly.
Skills
- Proficiency in 10 key typing for efficient data entry.
- FHA Insured and Proprietary Reverse Mortgage Loans
- Strong negotiation skills to secure favorable loan terms for clients.
- Solid math skills for calculating interest rates, payments, and other financial metrics
- Sales experience to effectively promote loan products and services.
- Familiarity with FNMA (Federal National Mortgage Association) guidelines.
If you are passionate about helping individuals achieve their financial goals through effective lending solutions, we encourage you to apply for this exciting opportunity as a Loan Officer.
Job Type: Full-time
Pay: $140,533.00 - $167,622.00 per year
Benefits:
- Dental insurance
- Health insurance
- Paid time off
Compensation Package:
- Bonus opportunities
- Commission pay
Schedule:
- Monday to Friday
Experience:
- Mortgage: 1 year (Required)
License/Certification:
- MLO License (Required)
Work Location: Hybrid remote in Orlando, FL 32819
Salary : $140,533 - $167,622