What are the responsibilities and job description for the Senior Mortgage Loan Officer position at Yield Solutions Group Inc?
Job Description
Job Description
Senior Mortgage Loan Officer
Key responsibilities :
- Client interaction :
- Conduct initial consultations with potential borrowers to understand their needs and financial situation.
- Gather necessary documentation like tax returns, paystubs, bank statements, and credit reports.
- Pre-qualify borrowers to determine their loan amount and eligibility.
- Loan application process :
- Assist in completing loan applications accurately.
- Verify information provided by borrowers against supporting documents.
- Analyze credit scores and debt-to-income ratios to assess loan feasibility.
- Prepare loan packages for submission to lenders.
- Communication and coordination :
- Communicate with real estate agents, appraisers, and underwriters to ensure smooth loan processing.
- Update clients on the status of their loan application.
- Address any concerns or questions from clients.
- Lead generation and business development :
- Follow up on leads and nurture relationships with potential clients.
Required skills and qualifications :
Compensation :
Salary plus commission
This position is eligible for bonuses.
This position is eligible for commissions.
This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.
Work Schedule :
We are open Monday-Thursday 7 : 00am-7 : 00pm, Friday 7 : 00am-5 : 00pm, and Saturday 8 : 00am-5 : 00pm.
All customer-facing OR lender-facing roles are assigned to an early, mid, or late shift, which may alternate on a weekly or biweekly basis. Training will be a set schedule.
This information is intended to be a general overview and may be modified by the Company due to factors affecting the business.
What we offer :
Full training in our sales process and products
Continuing education for NMLS, including all test taking fees.
Great Benefit package including :
Full-Time Base plus Commission Role
Health, Dental and Vision Insurance
Life Insurance
Paid Time Off
401(k)
True potential for advancement, we always endeavor to promote from within.
Compensation details : 60000-75000 Yearly Salary
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