What are the responsibilities and job description for the Loan Officer position at Xpert Home Lending?
Responsibilities: - Evaluate loan applications and determine the creditworthiness of borrowers - Collect and analyze financial information to assess the risk and feasibility of loan requests - Review loan documents and ensure compliance with lending policies and regulations - Guide borrowers through the loan application process and provide them with information on available loan options - Collaborate with underwriters to review loan files and make recommendations for approval or denial - Develop and maintain relationships with clients, real estate agents, and other referral sources - Stay updated on industry trends, regulations, and changes in lending practices Requirements: - Proven experience as a Loan Officer or similar role in the financial industry - Strong knowledge of loan origination, underwriting, and processing procedures - Familiarity with accounting software and 10-key typing skills for accurate data entry - Excellent customer service skills to build rapport with clients and provide exceptional support - Ability to analyze credit reports, financial statements, and other relevant documents for credit analysis - Proficient in math calculations to accurately assess loan terms, interest rates, and repayment schedules - Detail-oriented with strong organizational skills to manage multiple loan applications simultaneously - Knowledge of escrow procedures and documentation requirements for real estate transactions Please note that this job description is not exhaustive and additional responsibilities may be assigned as needed.
Job Type: Full-time
Pay: $119,000.00 - $215,468.00 per year
Compensation package:
- Bonus opportunities
- Commission only
- Commission pay
- Profit sharing
Payment frequency:
- 1099 contract
- Paid daily
Schedule:
- 8 hour shift
- Monday to Friday
Work setting:
- Hybrid work
Ability to Relocate:
- Carmichael, CA 95608: Relocate before starting work (Required)
Work Location: Hybrid remote in Carmichael, CA 95608