Florida Mortgage Loan Originator

While so many are laying MLOs off…we’re bringing MLOs on board! Instead of relying on banks and retail lenders who might lay you off at any second, build your own practice with Castle Rock’s MLO platform with:

· Conventional

· FHA

· VA

· USDA

· Rental and Flip Programs to LLCs

· No-Income Verification Loans

· Commercial Loans

PLEASE READ THIS ENTIRELY TO MAKE SURE WE ARE A FIT FOR YOU BEFORE APPLYING.

We’ve seen the ups and downs of the market for the past 30 years and we realize what it takes to build a long-term, thriving practice in down markets. We would love to help you do that. Castle Rock Capital Funding was founded by career loan officers with the dual purpose of helping loan officers grow their practice while creating a place where customers want to do business. We currently seek Florida NMLS Licensed MLOs that truly want to be proud of where they hang their license. We want MLOs that are professional, take serving the customer seriously, treat others with respect and dignity, are responsive, and truly want to grow with our organization. A few points that are important to understand - Castle Rock is a platform for you to build your practice. Your compensation is based 100% on your production. Although work is remote, we are only seeking Florida-based LOs. Also, you must currently have an active Florida NMLS license. ALTHOUGH THIS IS A REMOTE POSITION, WE ARE ONLY LOOKING FOR FLORIDA-BASED MLOS. We are only currently licensed in Florida.

Our onboarding process is different. We look for MLOs that blend with our culture rather than only seeking the top producers. Sure, there are minimum production goals to help us offset the cost of the significant resources we provide our MLOs, but we want you to be truly happy with Castle Rock and our minimum production requirements are relatively low in comparison with other brokers. If there isn’t a fit, that’s OK, but this isn’t a large national brokerage where you hang your license and become only a number.

Here’s what we provide our MLOs:

RESOURCES: We use Arive as our LOS (if you are not familiar with it, Arive is spelled correctly) and we provide this to all MLOs. Our use of a Transaction Manager to free up the MLO is also quite unique. This unique and tremendous tool frees the MLO to do what they do best…drive business in the door by relieving them of the administrative tasks that make it hard to scale up their practice.

OUR PROCESS: We want our MLOs to thrive and do more business. Most MLOs we’ve spoken to end up so bogged down in paperwork that they can’t scale their practices up. That’s why we’ve added the role of Transaction Manager to the team. Once the MLO originates the loan, the MLS licensed Transaction Manager steps in to gather documents from the customer, get the loan submitting for underwriting, get the loan over to processing, and then they monitor the deal to ensure an on-time and smooth closing. On most deals, the MLO touches each deal very little once the customer says “yes”. This allows the MLO more time to originate more business and spend more time with family and friends. After your first 3 deals with us, the use of the TM is optional and there is a small charge to your payout upon closing for the use of the TM, but our process allows you to make more money with less stress so you can grow your practice and do the things you love to do. Use of the TM is not required after the first 3 deals, but it truly is a way to break through that plateau that holds most MLOs back.

OUR PRODUCT PHILOSOPHY: If you are looking for a broker with 100 lenders to choose from, you’ve come to the wrong place. We will add lenders to the stable if it makes sense, but we believe building deep relationships with fewer lenders is far superior to setting up 100 lenders only to use a handful. Processors and TMs can’t be expected to master the portals of 100 different lenders and we’ve found that lenders are more responsive to those brokerages that actually send them business as opposed to brokerages that might send only 1 deal each year. We offer the best lenders in many different categories. We’re well known for excelling with real estate investor and self-employed borrower loans, which gives you a good way to set yourself apart when approaching referral sources. We are very open to adding more lenders to the stable of lenders, but we want to make sure they are lenders that we will truly want a relationship with.

TEAM BUILDING: We support and encourage you to grow your practice by building a team. You as a team lead enjoy an override of members of your team. It’s a great way for you to build a practice while getting support from your broker.

Our splits are among the best in the industry. It is your own practice using our platform as support. Comp is 100% production based.

If such a relationship with your broker is something you seek, we would love to speak with you. Let Castle Rock help you avoid the pitfalls of a down market as we help you build a practice you can be proud of for many years to come.

Job Type: Full-time

Pay: $106,739.00 - $500,000.00 per year

Benefits:

• Flexible schedule

Physical Setting:

• Office

Schedule:

• Self-determined schedule

Supplemental Pay:

• Commission pay

COVID-19 considerations:
N/A

Experience:

• Loan origination: 1 year (Preferred)

License/Certification:

• Florida NMLS License (Required)

Work Location: Remote