Demo

Mortgage Loan Officer

Tomo
Hamtramck, MI Full Time
POSTED ON 3/4/2025
AVAILABLE BEFORE 6/4/2025

Who we are

Tomo is a digital mortgage company on a mission to eliminate the greed and complexity in lending, helping homebuyers save thousands of dollars. Our AI-driven customer experience makes the lending process faster, less frustrating, and more affordable. By passing these savings directly to homebuyers, we eliminate excessive fees and inflated rates that cost Americans billions each year. Backed by top-tier venture investors, including Ribbit, DST, and NFX, Tomo is poised to become one of the most valuable fintech startups of our generation.

Tomo raised a record-setting seed round of $70 million to fuel our mission.

The Role

We are intentional and selective about who joins our rapidly growing team - as this role is foundational to the success of our mission. We seek the top 1% of their craft - ambitious, team-oriented, driven individuals who want to build something epic and are willing to put in the effort required to do so.

We've found that elite performers have a strong desire to associate with other elite performers and we aim to build around that. Day by day we're cultivating the most effective sales organization in America.

Tomo is seeking mortgage loan officers (Loan Advisors) that meet the above criteria to help evolve the home buying experience into a customer-centric, streamlined, tech driven process and re-write the playbook for others to follow.

  • You must have an NMLS MLO License.

The things you'll be doing...

  • Advise Tomo's prospective homebuyers and guide them through the home financing process.
  • Work hand in hand with other internal sales / operations teams to ensure smooth and frictionless manufacturing of loans.
  • Manage a pipeline of warm leads - helping them convert into closed business better than anyone in the industry.
  • Be creative and solution oriented - identify solutions to meet customer unique needs and take a consultative approach.
  • Be compliant - adhere to investor guidelines for all documents required for a complete submission to Underwriting.
  • Quote rates and guidelines with accuracy and fairness.
  • Become an expert in our POS, CRM and LOS systems to facilitate a more efficient and accurate process.
  • The things you're exceptional at...

  • Residential mortgage lending (4 years and active licenses).
  • World class at taking buyers from "hello" to "keys in hand." Fearless in the pursuit of excellence and perfecting your craft.
  • Communication expert - both externally with clients / agents as well as internally with Tomo team members.
  • Building relationships quickly with all parties.
  • Balancing a "hunter" and "gatherer" mindset.
  • Industry knowledge of loan products and pricing strategies.
  • Knowledge of Desktop Underwriter (DU) & Loan Prospector / Loan Product Advisor (LP / LPA).
  • Multitasking and staying organized while balancing high quantities of transactions.
  • Perceiving problems and anticipating needs of customers, real estate agents or partners.
  • The drive to build something new. Detail-oriented with a strong focus on quality.
  • You may also have the extras...

  • Experience in a tech- startup environment.
  • What's in it for you?

  • Career growth : Multiple paths within Tomo, including elite sales and leadership opportunities.
  • Skill development : Proven industry leading training and development program designed to upskill our sales talent.
  • Competitive compensation : On-target earnings of ~$175,000. There is uncapped commission potential where many fall between $200,000-$400,000 annually present day.
  • Equity ownership : All teammates receive stock options.
  • Salary : $200,000 - $400,000

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