What are the responsibilities and job description for the Loan Officer Assistant position at Priority 1 Lending, LLC?
Loan Officer Assistant – Priority 1 Lending
About Us
Priority 1 Lending is a fast-growing mortgage company dedicated to providing clients with a smooth, transparent, and high-quality lending experience. We are expanding our team and looking for a motivated Loan Officer Assistant to support our loan officers, help manage client pipelines, and ensure each file moves efficiently from application to closing.
Position Overview
The Loan Officer Assistant plays a critical role in supporting our loan officers, managing borrower communication, gathering documentation, structuring files, and preparing applications. This position is perfect for someone with mortgage experience who enjoys working directly with clients, problem-solving, and keeping files highly organized.
Think of this role as a blend between a Loan Officer Assistant and a Junior Loan Officer. This is a full-time, on-site position at our Auburn Hills office. It is not remote and not hybrid.
This is a commission-based role. The pay range shown reflects earning potential based on the number of loans you close, not a guaranteed salary. Your first month is an $800 biweekly draw that is yours to keep regardless of production, and after that compensation is commission only.
Key Responsibilities
- Assist loan officers in managing active loan pipelines from application to closing.
- Serve as the primary point of contact for borrowers regarding documentation, disclosures, and updates.
- Collect, review, and organize borrower documentation (income, assets, credit, etc.).
- Gather required conditions and ensure files meet underwriting guidelines.
- Prepare loan applications in LOS
- Maintain accurate notes, communication logs, and file status updates.
- Coordinate with processors, underwriters, and title companies to ensure timely closings.
- Review credit reports and help structure loan scenarios when needed.
- Manage follow-ups, appointment scheduling, and pipeline tracking for the loan officer.
- Provide exceptional customer service through proactive communication and follow-through.
Preferred Qualifications (Not Required):-The following experience is preferred, but we’re happy to train the right candidate:
- Minimum 1 year of mortgage experience (Loan Officer Assistant, Loan Partner, Processor, or Loan Officer).
- Strong understanding of mortgage loan products (FHA, Conventional, VA, etc.).
- Familiarity with automated underwriting systems (DU/LP).
- Excellent organizational skills and attention to detail.
- Strong communication skills with a customer-service mindset.
- Ability to manage multiple files simultaneously in a fast-paced environment.
- Experience with LOS systems preferred.
- NMLS license is a plus, but not always required.
What We Offer
- Competitive compensation monthly bonus opportunities
- Growth path to become a licensed Loan Officer (if not already)
- Supportive team environment and strong company culture
- Training, mentorship, and career development
- Benefits package
How to Apply
If you’re motivated, detail-oriented, and passionate about helping clients achieve homeownership, we want to hear from you!
Apply today and join the growing team at Priority 1 Lending.
Pay: $75,000.00 - $300,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Life insurance
- Vision insurance
Work Location: In person
Salary : $75,000 - $300,000