What are the responsibilities and job description for the Mortgage Loan Officer Branch Manager position at Obsidian Financial Services?
Are you ready to start working for broker/mini corr that is going to give you the ability to make the best compensation in the industry? We believe in allowing you to make the full 2.75% compensation, not just a part: all of it. Stop being lied to by companies offering the best compensation and not even coming close to the so-called BEST payout. If you are not making the full 2.75%, then it is just another lie.
At Obsidian you are assigned immediately assigned to an Account Executive. This AE will help you get your loans approved and closed. We cannot count how many times Quicken, UWM and other major lenders have declined loans, and in turn; we have turned around and approved and closed within 10 days.
TAKE YOUR TIME AND READ BELOW $2500 ALL LOANS YOU CAN CLOSE!!!!
Webinar every Thursday at 1:00EST register at www.obsidianfinancialservices.com for more information.
Broker Manager
- PAY A FLAT FEE OF $2500 AND DO AS MANY LOAN AS YOU WANT
- We setup your branch with a business checking account, for payroll bills and other compensation. You receive all broker checks and front point for corr. Deals.
- Receive funds directly to your business account via wire or checks from title companies.
- Set up margins and locks through your won LoanSifter, setting you margins to your needs.
- State of the art software LOS (LendingPad) restricts what your loan officers can and can’t see.
- Work with over 100 lenders and Vendors.
- Const/Perm, 203K, Manufactured, Reverse, DPA Programs
- DBA’s so you continue to use your existing company name.
- Compensation as high as 4%, unheard of in the industry.
- 75 BPS for mini-corr deals. 20% flat Fee for REVERSE Mtg. YSP is not disclosed.
Loan Officer
- Work with over 100 approved lenders with every lender in industry.
- Flat fee of $1295 per file-You make the full Compensation of 2.75%
- Payout within 72 after file is received.
- 203K-DPA-Construction to Perm, Doctor Loans, Non-QM
- 80% payout on reverse mortgages.
- 1099 or W2
- Assigned a Territory Manager to help mentor and create more business.
- Correspondent Deals paid on Front Points right away.
Mini-Corr/Deleagted Ledner
· Minni corr allows you act as a lender-
· Delegated is Fannie/Ginnie Approves NO OVERLAYS Close Anything
· Close in our name so no YSP is NOT disclosed to the borrower for CONV/VA/FHA/REVERSE mortgage. You will love this program to the ends of the earth. That’s right FHA, we are mini-corr!
· Close in 5 days.
Software and Advertising
· We build and help designing your own website.
· We help and design all social media account FB/Insta/TikTok.Linkedln/Youtube Video production along with Google Advertise Campaigns.
· Surefire software
· MMI Software
· We help beginners entering the industry work to strive and excel, as well as existing loan officer that need help in getting all this setup and running.
Duties
- Pre-Qualify clients
- Ability to prequalify clients and input information for disclosing.
- Submit a complete file then move on to the next deal.
- Interact with processing and UW to close loans fast.
When joining Obsidian, you are becoming part of one of the fastest broker/lending company’s in the country. We are going to teach, train you, and supply you with all the tools you need to ensure your success is fast, strong, and ethical within your community. We are building a company that ensures you are part of it, not just another number. Work never ends, all the processors and support staff are always available to help with your needs. We want this to be your last stop. Visit our state-of-the-art website at obsidianfinancialservices.com for more information,
Job Type: Full-time
Pay: $85,500.00 - $427,250.00 per year
Benefits:
- Dental insurance
- Health insurance
Schedule:
- 8 hour shift
Supplemental pay types:
- Commission pay
Work Location: Multiple Locations
Salary : $85,500 - $427,250