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Mortgage Loan Officer
Trusted Rate, Inc. Los Angeles, CA
$55k-75k (estimate)
Full Time 1 Week Ago
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Trusted Rate, Inc. is Hiring a Mortgage Loan Officer Near Los Angeles, CA

Trusted Rate, Inc. has 17 years’ experience growing Loan Officers Volume through our existing network of Referral Partners with Leads. We are hiring a positive, motivated professional to join our team as a Sr. Loan Officer looking for the ultimate platform and support these Referral Partners by converting these leads.

For more information about Trusted Rate Inc. check out:

IG @trustedrate

FB Trusted Rate Inc.

LinkedIn Trusted Rate Inc.

Web www.trustedrate.com

Highlights:

· Dedicated Full-Time Processors

· Scenarios Desk ran by seasoned DE/SAR/LAPP Underwriters

· Average Days from Submission to Approval: 1 Day

· Average Days from Submission to CTC: 9 Days

· Average Days from Initial Disclosures to Funding: 17 Days

· Average Borrower Conditions: 3

· Fully Underwritten Pre-Approvals (As-Needed)

· Nationwide Lender Licensed in 40 States

Qualifications:

· Must have active an NMLS Mortgage Originator License

· 2 Years Minimum previous experience as a Loan Officer

· Understanding of local, state and federal loan regulations

· Familiarity with loan origination software

· Must maintain an average quarterly funding volume of 3 units per month

Responsibilities:

· Maintain Referral Partner relationships that are already established by Trusted Rate

· Follow up on leads and convert them into buyers

· Assist and guide clients through the loan application process and provide them with information on available loan options

· Pull and analyze credit, review income and asset documents, and structure loans

· Collect necessary documentation such as pay stubs, tax returns, and bank statements

· Interface with realtors, processors, and underwriters to ensure a smooth transaction while overseeing all customer interactions

· Maintain knowledge of current lending regulations and compliance standards

Pay:

· Base Pay Commissions per funding for loans originated in your name

Trusted Rate, Inc. is an equal opportunity employer

Job Type: Full-time

Pay: $32,000.00 - $100,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Vision insurance

Compensation package:

  • Commission pay

Payment frequency:

  • Paid biweekly

Work setting:

  • In-person

Work Location: In person

Job Summary

JOB TYPE

Full Time

SALARY

$55k-75k (estimate)

POST DATE

05/12/2024

EXPIRATION DATE

05/21/2024

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Trusted Rate, Inc.
Full Time
$52k-71k (estimate)
1 Week Ago

The job skills required for Mortgage Loan Officer include Loan Origination, etc. Having related job skills and expertise will give you an advantage when applying to be a Mortgage Loan Officer. 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 Officer. Select any job title you are interested in and start to search job requirements.

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Trusted Rate, Inc.
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$52k-71k (estimate)
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The following is the career advancement route for Mortgage Loan Officer positions, which can be used as a reference in future career path planning. As a Mortgage Loan Officer, it can be promoted into senior positions as a Mortgage Loan Officer II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage Loan Officer. You can explore the career advancement for a Mortgage Loan Officer below and select your interested title to get hiring information.

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If you are interested in becoming a Mortgage Loan Officer, 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 Officer for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Mortgage Loan Officer job description and responsibilities

A person seeking to become a mortgage broker must be at least 18 years old.

12/26/2021: Grand Forks, ND

All state-licensed loan originators must pass a national exam - required under the SAFE Act.

12/25/2021: Vallejo, CA

For the most part though, mortgage loan officers spend their days helping people navigate an exciting time.

02/04/2022: Modesto, CA

Having the skills to be detail-oriented and thorough go a long way when becoming a mortgage loan officer.

01/07/2022: Roanoke, VA

Loan Officer Assistants play an essential role on a Loan Officer’s team.

11/30/2021: Albany, NY

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 Officer jobs

COMPLETE FINGERPRINTS/BACKGROUND CHECK AND PAY ALL FEES.

12/28/2021: Allentown, PA

Connect with real estate agents.

02/06/2022: Santa Rosa, CA

PASS THE NATIONAL SAFE EXAM VIA NMLS WITH 75% OR HIGHER.

11/30/2021: Jackson, MS

START GENERATING LOANS WITH TEAM MORTGAGE CALCULATOR CO.

01/30/2022: Colorado Springs, CO

Step 3: View the best colleges and universities for Mortgage Loan Officer.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College
Show more