What are the responsibilities and job description for the Licensed Mortgage Loan Officer (1+ year required) position at Perry Johnson Mortgage Company, Inc.?
Responsibilities:
- Evaluate loan applications and determine the creditworthiness of applicants
- Conduct thorough financial analysis and assess the risk associated with each loan application
- Negotiate loan terms and conditions with clients to ensure mutually beneficial agreements
- Collaborate with clients to gather necessary financial documents and information for loan processing
- Utilize loan origination software, such as Quicken, to streamline the application and approval process
- Perform credit analysis to assess the likelihood of repayment and adherence to TILA regulations
- Maintain accurate records of loan applications, approvals, and denials
- Collaborate with underwriters and other team members to ensure smooth loan processing
- Stay up-to-date with industry trends, regulations, and best practices in loan origination
- Work with partner lenders such as Rocket, AmeriSave, Loan Depot, PennyMac, etc.
Qualifications:
- Proven experience in financial sales or a related field
- NMLS license required
- Strong knowledge of loan origination processes and procedures
- Familiarity with accounting software for financial analysis purposes
- Excellent negotiation skills to secure favorable terms for both the client and the bank
- Ability to analyze creditworthiness and assess risk accurately
- Strong attention to detail and ability to work in a fast-paced environment
- Excellent communication skills, both written and verbal
- Ability to build rapport with clients and provide exceptional customer service
Please note that this job description is not exhaustive and additional responsibilities may be assigned as needed.
Job Type: Full-time
Pay: $100,000.00 - $600,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Vision insurance
Schedule:
- 8-hour shift
- Monday to Friday
Pay types:
- Base Pay
- Commission pay
- Bonus Pay
License/Certification:
- MLO License (Required)
Ability to Commute:
- Troy, MI 48084 (Required)
Work Location: In person
Salary : $100,000 - $600,000