Loan Officer

Loan Connection, LLC
Remote in Minnetonka, MN Full Time
POSTED ON 5/16/2022 CLOSED ON 6/18/2022

What are the responsibilities and job description for the Loan Officer position at Loan Connection, LLC?

We created a video introduction course for Loan Connection, LLC, which includes a link to our job application. Cut & paste into your browser: https://loanconnectionintro.thinkific.com/

At the conclusion of the introduction course, you’ll be emailed a certificate of completion and a link that allows you to apply for the Commercial Loan Officer position. Your recruiter’s name is Jim Vescera.

This is a full time, 100% commission, virtual based position as a Commercial Loan Officer. You will receive company provided leads to compliment your own sourced leads from your own marketing.

All of our commercial loan brokers have been working from home since 2019. This position is based in the Orlando, FL area, however we are asking that everyone on the team have a home-based office, therefore 100% virtual. You will act as liaison between customers and the financial institutions and you will help qualified applicants acquire commercial loans in a timely manner.

You'll receive regular zoom meeting training, access our loan software system on a regular daily basis, management and loan processing support for getting your loans to close successfully and grow your client list.

Responsibilities

  • Market the loan products to company provided leads and your own sourced leads through our software systems
  • Evaluate commercial loan applications and requests
  • Interview applicants to determine financial eligibility and feasibility of granting loans
  • Communicate with clients either to request or to provide information
  • Justify decisions (approvals/rejections) and report on them
  • Update job knowledge on types of loans and other financial services
  • Maintain and update account records
  • Assess customer needs, explore all options and introduce different types of loans
  • Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas
  • Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the underwriting process
  • Οperate in compliance with laws and regulations and adhere to lending compliance guidelines

Skills

  • Proven working experience as a residential or commercial loan officer
  • Familiarity with computers and banking applications/software
  • Solid understanding of direct/indirect lending products and practices
  • Excellent communication and interpersonal skills
  • Customer satisfaction orientation and sales competencies
  • Ability to work in a goal-oriented environment
  • BS degree in business, finance, economics or a related field
  • Must have internet and a laptop (computers are available for lease, if needed)
  • To find out more about our company and loan products that we offer, please visit us at https://loanconnectionintro.thinkific.com/
  • Have Excel installed on your computer and have working knowledge of the program
  • Bilingual is a plus
  • Compensation is based on % of points earned on every loan that successfully closes

Work Remotely

  • Yes

Job Type: Full-time

Pay: $1.00 - $150,000.00 per year

Schedule:

  • 8 hour shift
  • Monday to Friday

Supplemental Pay:

  • Commission pay

Education:

  • Bachelor's (Preferred)

Experience:

  • Loan officer: 2 years (Preferred)

License/Certification:

  • NMLS (Preferred)

Work Location: Multiple Locations

Salary : $1 - $150,000

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