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We are seeking a mortgage loan officer with strong communication skills, the ability to learn a new product, and someone who is hungry to make money in this challenging mortgage market. With mortgage rates on this rise, we have created a division that focuses on HELOCS and Home Equity Loans. Our organization provides you with leads where the customer is applying for a HELOC or Home Equity Loans.
These leads come across as warm transfers or fresh Lending Tree leads that can be called out on (we are providing 8 to 10 leads per day for each loan officer). We offer a monthly salary along with the ability to make up to 200 bps per funded loan. With the amount of leads that we are providing on a daily basis, we expect our average agent to fund 6 to 8 loans a month with our better agents doing upwards of 15 to 20 a month.
As we focus just on equity products, the high rates that are currently being offered on 1st mortgage do not impact us as the leads that we provide are already pre-filtered leads that are ideal for HELOCS. Our average turn time from submission to funded loan is 17 days and our products are done with an AVM, instead of having to provide an appraisal. If you are interested in getting back to making 5 figures a month, please apply to see how we can get you there.
Full Time
$50k-69k (estimate)
09/03/2023
04/27/2024
summitlr.com
Huntington Beach, CA
<25
The job skills required for Mortgage Loan Originator include Mortgage Loans, Communication Skills, etc. Having related job skills and expertise will give you an advantage when applying to be a Mortgage Loan Originator. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Mortgage Loan Originator. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Mortgage Loan Originator positions, which can be used as a reference in future career path planning. As a Mortgage Loan Originator, it can be promoted into senior positions as a Mortgage Loan Officer III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage Loan Originator. You can explore the career advancement for a Mortgage Loan Originator below and select your interested title to get hiring information.
If you are interested in becoming a Mortgage Loan Originator, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Mortgage Loan Originator for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Mortgage Loan Originator job description and responsibilities
Mortgage loan officers also collect and verify all required financial documentation from applicants.
02/28/2022: Santa Rosa, CA
This person helps the home buyer or refinancer choose a loan, and understand all the rates and terms associated.
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Experienced originators learn the field and know how the system works.
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Good mortgage loan originators will go out of their way to make sure that their clients understand what the mortgage process entails, especially first-time home buyers.
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As a mortgage loan originator, Alter will be responsible for originating mortgage purchases, refinances and home equity loans.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Mortgage Loan Originator jobs
Good loan originators typically work hard to develop new business opportunities whenever possible.
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Monitor the application process.
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Loan Officers Genuinely Help People.
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Three to five years experience as a Real Estate Loan Originator.
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Employers typically prefer those possessing the following skills – a strong understanding of state and federal laws, ability to check the accuracy of the applications; good knowledge of accounting and finance, a solid understanding of how sales pipelines
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Step 3: View the best colleges and universities for Mortgage Loan Originator.