Mortgage Loan Originator (MLO)
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Overview
Schedule
Full-time
Career level
Senior-level
Remote
Remote
Compensation
$184,019-$562,000/year
Job Description
Job Highlights
- Candidates should have experience directly related to the Mortgage Industry
- Must have appropriate state license or certificate (NMLS) in any of these states FL, NJ, CT or PA
- REMOTE POSITIONS AVAILABLE FOR: FLORIDA
Benefits
- PAPERLESS!
- Training & Marketing
- Leads Provided
Responsibilities
- Primary duty is to sell mortgage loans to customers
- Generate new business by building and maintaining relationships with realtors, real estate agents, title and escrow officers, financial advisers, CPAs, and other relevant professionals
- Regularly participate in mortgage sales including, but not limited to, attending closings and open houses, and conducting seminars and other lead-generating activities
- Take information from the borrower and fill out the loan application
- Develop relationships with referral partners such as realtors to generate new customers
- Analyze the prospective borrowers income and debt and pre-qualify the prospective borrower to determine the maximum mortgage that the prospective borrower can afford
- Counsel the prospective borrower in the home buying and financing process, advising the borrower about the different types of loan products available, and demonstrating how closing costs and monthly payments would vary under each product
- Collect financial information (tax returns, bank statements) and other related documents that are part of the application process;
- Provide disclosures to the borrower, including truth in lending, good faith estimate, and others
- Counsel and advise the borrower in understanding and clearing credit problems
- Maintain regular contact with the borrower, realtors, and the lender, between application and closing to apprise them of the status of the application and to gather any additional information as needed
- Order legal documents
- Review Closing Disclosure with Clients Prior to Closing
Job Type: Full-time
Pay: $184,019.00 - $562,000.00 per year average100% Commission Pay
Schedule:
- Monday to Friday
Language:
- Spanish (Preferred)
License/Certification:
- MLO LICENSE REQUIRED
- Welcome Home Mtg, LLC (NMLS #2688555)dba Welcome Home Mortgage877-271-1703info@welcomehomemtg.com
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FAQs About Mortgage Loan Originator (MLO) Jobs at Welcome Home Mtg llc
What is the work location for this position at Welcome Home Mtg llc?
This job at Welcome Home Mtg llc is located in Hackensack, NJ, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Welcome Home Mtg llc?
Candidates can expect a pay range of $184,019 and $562,000 per year.
What employment applies to this position at Welcome Home Mtg llc?
Welcome Home Mtg llc lists this role as a Full-time position.
What experience level is required for this role at Welcome Home Mtg llc?
Welcome Home Mtg llc is looking for a candidate with "Senior-level" experience level.
Does Welcome Home Mtg llc allow remote work for this role?
Yes, this position at Welcome Home Mtg llc supports remote work, giving candidates the flexibility to work outside the primary office location.
What is the process to apply for this position at Welcome Home Mtg llc?
You can apply for this role at Welcome Home Mtg llc either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.