Consumer Direct Mortgage Loan Officer

About us

Fountain Mortgage is passionate about creating award winning client experience and company culture. We provide home loans with exceptional and personalized service. We are driven by belief that ‘home’ is the starting point for love, hope and dreams; our employees serve both clients and one another with the highest degree of integrity, honesty, and transparency. Fountain Mortgage is increasing leadership and support staff through cultivation and acquisition in order to efficiently sustain and scale production. We regularly invest in “de-stress fests” like kickball in the park, March Madness watch parties, and regular happy hours. We are the #1 Mortgage Company in 2017, 2018 and 2019 as voted by readers of The Pitch KC, and we are preparing to win best places to work in 2021.

Overview

The loan officer position will be equipped to leverage Fountain Mortgage's proven in-house marketing resources to convert company provided internet leads.

What You'll Get

• In-house Marketing Department
• Industry leading mortgage technology
• Loan Officer Assistant dedicated at 20 hours per week when closing 7 loans in two consecutive months is achieved (company recruited, hired, and trained)
• Loan Officer Assistant fully dedicated at 40 hours per week when closing 15 loans in two consecutive months is achieved (company recruited, hired, and trained)
• Industry seasoned processors who average 20 loans closed per month to maintain high touches on your files
• Industry seasoned closing department who average 45 closed loans per month to maintain extremely quick turn times for closing docs being sent to title
• One on one coaching and mentorship from industry veteran managers and owners who specialize in growing both internet lead conversions and self-generated referral business
• Uncapped commission structure

What You’ll Be Doing

• Proactively contact a minimum of 70 company provided leads via phone, text, and email per day
• Obtain an average of 20.5 credit qualified borrowers per month
• Close an average of 8.5 loans per month
• Convert at least 3.25% of paid leads into closed loans per month
• Utilize CRM to complete daily task lists
• Review loan applications and issue pre-approvals
• Provide mortgage consultation and convert leads into clients
• Quote and lock rates on an average of 1.85 loans/week
• Solicit documentation for file opening based on pre-scrub needs list
• Additional duties as assigned

What You’ll Bring

• High school diploma or equivalent required.
• 1 years’ sales and/or lending experience.
• Prior mortgage experience strongly preferred.
• Active NMLS licensing or the ability to pass the Mortgage Licensing Exam to obtain an active NMLS license within 180 days of hire.
• Strong knowledge of lending guidelines (AllRegs).
• Ability to perform tasks quickly and accurately with a sense of urgency
• Interpersonal skills.
• Problem-solving skills.
• Time management skills.
• Ability to operate in a team environment to accomplish shared goals.

Physical Requirements

• Ability to work in an office environment, while being seated, standing, walking, typing and speaking.

Job Type: Full-time

Pay: $60,000.00 - $250,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible schedule
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Referral program
• Retirement plan
• Vision insurance

Physical setting:

• Office

Schedule:

• On call
• Weekend availability

Supplemental pay types:

• Commission pay

Education:

• High school or equivalent (Preferred)

Experience:

• Loan Origination: 1 year (Preferred)

License/Certification:

• NMLS (Preferred)

Work Location: In person

Salary : $60,000 - $250,000