What are the responsibilities and job description for the Loan Officer position at The Orchard?
Orchard Mortgage is an affiliate of Orchard, fully dedicated to offering mortgage services to Orchard's real estate customers to provide a seamless and delightful home buying transaction. Orchard Mortgage is an innovative environment, with a focus on constant improvement, transparency, and teamwork.
We will provide you with leads from top producing agents in our markets. Your job will be to build excellent relationships with both Orchard Agents and Orchard customers, to win their future loan business through the services and offerings we provide (such as free refinances for life). You are not expected to bring your own leads but are welcome to bring your own leads and relationships as well and offer the same unique products and services we provide.
This is a full time role that will report into the Mortgage Sales Manager. This is a remote position that will be expected to be based in either the Greater Denver, CO area or the Greater Atlanta, GA area and available to attend agent networking events such as Orchard happy hours and agent training once a month.
What You'll Do Here
- Consult with clients about current needs and financing solutions to help them achieve their financial goals including Orchard Mortgage's unique offerings such as our Equity Advance loan
- Build great relationships with Orchard's real estate agents and collaborate with them to create a great home buying experience for our customers
- Be "go to person" for all home financing related needs that our customers or agents have including being the expert on our Equity Advance loan and Move First offering
- Close a high percentage of captive leads and manage pipeline of at least 10-15 loans per month, primarily purchases with some refinances
- Work collaboratively with other teams across the Orchard ecosystem in Real Estate and Title Operations to provide the best customer outcomes
- Support weekend coverage once per month to ensure customers have the support they need even on weekends
Compensation Range : The average full-time fully ramped Loan Officer earns $110-225K per year depending on performance. The structure is a draw against commission with a 3 month ramp period for new hires. The role also comes with benefits and equity in the company.
We'd Love to Hear From You if You Have :
Orchard is proud to be an equal opportunity employer. We provide employment opportunities without regard to age, race, color, ancestry, national origin, religion, disability, sex, gender identity or expression, sexual orientation, veteran status, or any other protected status in accordance with applicable law.
Salary : $110,000 - $225,000