Mortgage Branch Manager

ARE YOU LOOKING TO BECOME A BRANCH MANAGER WORKING AS CORRESPONDEMNT LENDER!

Obsidian Mortgage is seeking individual looking to achieve the true entrepreneurial mortgage experience. Through our branch manager program, you are going to handle the daily operation such as accounting, payroll, how to order and run warehouse report, hiring, and firing of staffed employees along with making decision that will affect the daily operation of the branch. You will handle 15 to 50 loan officers along with all the support staff and daily operations. You will have the ability to order wires, process, UW and close loans. Branch Managers requirements are strict, please read them and make sure you can meet these requirements.

• Requirement: *

· 3 to 5 years in mortgage lending experience.

· Oversee daily operations from Processing, Underwriting and Closing.

· Familiar and up to date with all TRID and compliance laws.

· 1% upfront pledge for warehouse account.

· $10k for warehouse haircut account.

· Production of $5 to $10million monthly

Warehouse Line Ranging from $5million to $10million

· Direct with Fannie Mae, Freddie Mac, Ginnie Mae and all major investors

· 24-hour turnaround time

· SRG Warehouse Portal

· Funding Hours 8EST to 530EST

· Experienced and responsive operations team

· Full Scenario desk with 2-hour or less response time

· 1% Pledge Fee for Warehouse Loan Amount-Required

Easy to recruit

· Commissions paid weekly

· Competitive rates

· Outstanding operations support

· Superior scores on employer rating services like Glassdoor

· Full benefits including health/dental/vision and corporate 401(k)

· We have a full-time recruiter for just your branch so you will be handling loan officers’ ads being posted in areas such as Google AdWords. really, LinkedIn,

Easy to market

· Responsible for your own lead generation. We will supply all the sources such Zillow, Bankrate, Monster, CoreLogic and even Equifax. Experience.com etc

· Full suite of products including manufactured homes, reverse, down payment assistance, etc

· In-house construction to perm

· Fully staffed marketing department with marketing portal and company-provided Google AdWords campaigns

Easy to run a successful branch

· Branch Managers have full control of branch decisions

· DBA and Trade name allowed check with each state.

· Comp plans set at branch level by the Branch Manager

· LendingPad software and Optimal Blue pricing

· Live financial reporting

· We allow most of the decisions to be made at the local branch level

Product Lineup:

· Conventional

· FHA

· VA

· USDA

· Jumbo (UW in-house)

· Construction to Perm (Conv, VA FHA and USDA includes manufactured homes and UW in-house)

· DPA, Chenoa etc (list provided on request)

· Reverse

· Renovation (203k etc UW in-house)

· Non QM

· Condos

· Foreign National

· Dozens of Brokered options

Technology:

· LendingPad

· Surefire CRM

· Optimal Blue for Pricing

· Experience.com(formerly Social Survey)

· MMI Reporting Access

· Customized Website SEO Optimized

· CoreLogic Integration

· LoanSifter for all brokered Files

Benefits:

· Commissions paid Weekly

· Health Insurance

· Dental

· Vision

· 401k with company match

This is a true lender experience. You can use our in-house UW, Closing and processing, and accounting, or handle these functions on your own. You are going to become a true lender and the responsibilities that come with it. If you have lost your warehouse lines, ready to move to the next level over a broker, then now is the time to join Obsidian Financial to regain your independence.

Job Type: Full-time

Pay: $226,000.00 - $597,349.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift

Supplemental Pay:

• Commission pay

Experience:

• Branch Mortgage Correspondent Lender: 3 years (Required)
• Warehouse Bank: 3 years (Required)

Work Location: Remote

Salary : $10 - $226,000