Loan Officer Salary at Golden Empire Mortgage Inc BETA

How much does a Golden Empire Mortgage Inc Loan Officer make?

As of December 2024, the average annual salary for a Loan Officer at Golden Empire Mortgage Inc is $59,507, which translates to approximately $29 per hour. Salaries for Loan Officer at Golden Empire Mortgage Inc typically range from $51,999 to $68,523, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Golden Empire Mortgage Inc Overview

Website:
goldenempireins.com
Size:
<25 Employees
Revenue:
$5M - $10M
Industry:
Insurance

Golden Empire Mortgage Inc is a company that operates in the Financial Services industry. It employs 11-20 people and has $5M-$10M of revenue. The company is headquartered in Westlake Village, California.

See similar companies related to Golden Empire Mortgage Inc

What Skills Does a person Need at Golden Empire Mortgage Inc?

At Golden Empire Mortgage Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Financial services: A services provided by the finance industry, which encompasses a broad range of businesses that manage money. These services involve banking, brokerage, mortgages, credit cards, payment services, real estate, investment funds, taxes and accounting.
  2. Mortgage Loans: A mortgage loan or, simply, mortgage (/ˈmɔːrɡɪdʒ/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".
  3. Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
  4. Loan Origination: Loan origination is the process by which a borrower applies for a new loan, and a lender processes that application. Origination generally includes all the steps from taking a loan application up to disbursal of funds (or declining the application). For mortgages, there is a specific mortgage origination process. Loan servicing covers everything after disbursing the funds until the loan is fully paid off. Loan origination is a specialized version of new account opening for financial services organizations. Certain people and organizations specialize in loan origination. Mortgage brokers and other mortgage originator companies serve as a prominent example. There are many different types of loans. For more information on loan types, see the loan and consumer lending articles. Steps involved in originating a loan vary by loan type, various kinds of loan risk, regulator, lender policy, and other factors.
  5. Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

Related Jobs

AFC Mortgage
Los Angeles , CA

Job Description Job Description **About Us:** We are a growing mortgage brokerage in Sacramento, dedicated to helping individuals and families achieve homeownership and build wealth through real estate. Our team prides itself on providing expert guidance, personalized service, and a range of loan products that cater to our clients' unique financial needs. We're looking for a driven, customer-focused Loan Officer to join our team and help us continue making a difference in our community. **Why AFC?** · Control Your Comp · Support · 10 Day CTC **Position Summary:** The Loan Officer will be responsible for assessing and originating residential mortgage loans for clients while working closely with our network of real estate agents, financial advisors, and clients to ensure a smooth, transparent, and rewarding loan process. This role requires strong communication, an understanding of various loan products, and a commitment to customer service. **Key Responsibilities:** 1. **Client Consultat


Sponsored
12/15/2024 12:00:00 AM
Loan Factory
Los Angeles , CA

Job Description Job Description 100% Remote. Full or part time. Our Mortgage Loan Officer will be knowledgeable of the market, market trends, and the latest mortgage products. He or she will work closely with our team to help clients achieve their financial goals and make one-on-one connections to build relationships with clients. As a Mortgage Loan Officer, you will be responsible for assisting clients in securing mortgage loans and navigating the mortgage lending process. Your day-to-day tasks will include following up with clients and referral partners, completing loan applications and structuring loans, providing exceptional customer service, and ensuring compliance with lending regulations. There is no base pay for this role and compensation is based on commission. NMLS license required. Responsibilities: Discover prospective borrowers for loans. Evaluate credit histories and develop credit profiles for prospective borrowers. Explain mortgage terms, costs and risks to prospective


Sponsored
12/15/2024 12:00:00 AM
PACSHORES MORTAGE INC
Los Angeles , CA

Job Description Job Description PacShores Mortgage Inc., seeks a highly motivated, experienced, self-starter mortgage professional to fill an open Loan Officer position in their West Los Angeles office. We are an established West Los Angeles, family-owned brokerage and full-service mortgage company specializing in originating and arranging Private Party (Hard Money) mortgage loans, and also offers conventional FNMA and Government Loan Programs. As conventional lending guidelines are continuing to remain very conservative, this is an opportunity for the right candidate to take advantage of being able to originate and close Government and Conventional loans, and have a direct source to close out-of-the box loan originations, through our "easy-qual, easy close" Private Money programs. Job Summary Loan Officer's responsibilities will include the following: * DRE Sales or Broker's License, with a current NMLS approved designation. * 1 yr minimum loan origination experience * Verifiable prio


Sponsored
12/15/2024 12:00:00 AM
E-Central Credit Union
Pasadena , CA

Job Description Job Description Summary Pasadena-based E-Central Credit Union is looking for an enthusiastic team player to join us as a Loan Officer. The Loan Officer collaborates with the Lending team to grow new and existing profitable business relationships. This position examines, evaluates, and recommends approval of member applications for lines of credit, real estate loans, consumer credit loans, or vehicle loans. E-Central is committed to the personal and professional growth of our employees and offers a pleasant, supportive work environment, and a competitive compensation package which includes incentive payments in addition to the base salary. Primary Responsibilities Interview loan applicants and request specified information for loan applications; explain payment options and set up repayment schedule with the applicant. Analyze applicants’ financial status, credit, and property evaluation to determine the feasibility of granting a loan. Cross-sell the Credit Union’s loan a


Sponsored
12/15/2024 12:00:00 AM
Peak Finance Company
Los Angeles , CA

Job Description Job Description Job Title: Mortgage Loan Officer Department: Peak Finance Company Location: Los Angeles, Ventura County, Santa Barbara, or San Luis Obispo, CA; hybrid Job Purpose: We are seeking a Mortgage Loan Officer to join our team. This position will report directly to the Mortgage Sales Manager. We have offices in Woodland Hills, Ventura County, Santa Barbara, and San Luis Obispo, and we welcome candidates from these areas or the surrounding areas. This is primarily a remote/hybrid role, offering flexibility to work from home or from one of our office locations. However, the role will require travel to visit clients and attend office meetings. Primary Responsibilities: · Prospecting clients for residential mortgage solutions · Proactively convert inbound and outbound sales leads into applications · Identifying potential clients’ financial needs and recommending optimum product/rate program combinations · Achieving required sales performance goals that will be eval


Sponsored
12/15/2024 12:00:00 AM
Marquee Staffing - OC
Los Angeles , CA

Job Description Job Description Job Summary: The SBA Loan Officer is responsible for planning and implementing sales and marketing programs targeted at the business community, as well as evaluating and recommending approval for all types of Small Business Administration loans. Essential Job Functions: Loan Management: Assist the lending team in growing and managing the bank’s SBA loans. Accurately analyze borrowers’ financial status, credit evaluations, and corporate financial statements to assess loan feasibility. Prepare loan presentations for the Loan Committee with the help of loan processors. Review and update credit and loan files to ensure compliance with bank policies. Customer Relationship Management: Acquire and develop profitable relationships with moderately complex business customers and commercial real estate investors. Maintain ongoing visibility with the client base to resolve account or service-related issues. Call and visit target customers to promote and sell bank pr


Sponsored
12/15/2024 12:00:00 AM
United Financial
Los Angeles , CA

Job Description Job Description Mortgage Loan Officer United Financial is looking for licensed Mortgage Loan Officer’s to work remotely. If you are a rockstar on the phone and know how to convert leads to loans, we could be a great fit for each other. What we offer: We provide best in class lead vendor options Access to our 30+ lenders (wholesale lender channel) Industry leading systems, CRM, Dialer, Data analytics Industry leading compensation structure Requirements: California DRE Real Estate Salesperson License MLO Endorsement required Knowledge of Conventional, FHA, VA and Non-QM loan products Responsibilities: Present and communicate company loan products and services Assist clients in completing loan applications and all necessary paperwork Conduct thorough reviews of client financial information to ensure loan eligibility Follow up, Follow up, Follow up We specialize in Non-QM Loans, Conventional, FHA, VA, Bank Statements, and more. Currently licensed in CA, CO, FL, TX, VA, TN,


Sponsored
12/14/2024 12:00:00 AM
GBC International Bank
Monterey Park , CA

Job Description Job Description Job Summary The SBA Loan Officer plans and implements financial institution sales and marketing programs targeted toward the business community and examines, evaluates, and recommends approval of all types of Small Business Administration loans. Essential Job Functions Assists lending team in all facets of growing and managing the bank’s SBA loans. Develops new and additional deposits, cash management and bank services revenue. Works with clients to resolve account or service-related problems Maintains ongoing visibility with client base Calls and visits target customers to promote and sell establishment products and services. Promotes and cross-sells other establishment products and services as appropriate to customer requirements, such as business checking, business credit card, and letters of credit. Develops, revises, or eliminates products and services experiencing less than satisfactory performance. Acquires and grows profitable account relationshi


Sponsored
12/12/2024 12:00:00 AM

Check more jobs information at Golden Empire Mortgage Inc

Job Title Average Golden Empire Mortgage Inc Salary Hourly Rate
2 President & Chief Executive Officer $769,803 $370
3 Broker $84,155 $40
4 Capital Market Analyst $72,447 $35
5 Corporate Underwriter $66,447 $32
6 Mortgage Loan Processor $40,308 $19
7 Senior Loan Consultant $59,583 $29
8 Branch Manager $67,805 $33
9 Funder $79,071 $38
10 Mortgage Loan Officer $44,681 $21
11 Mortgage Loan Originator $44,681 $21
12 Underwriter $86,052 $41
13 Executive Administrative Assistant $79,767 $38

Hourly Pay at Golden Empire Mortgage Inc

The average hourly pay at Golden Empire Mortgage Inc for a Loan Officer is $29 per hour. The location, department, and job description all have an impact on the typical compensation for Golden Empire Mortgage Inc positions. The pay range and total remuneration for the job title are shown in the table below. Golden Empire Mortgage Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $59,507 look to you?

FAQ about Salary and Jobs at Golden Empire Mortgage Inc

1. How much does Golden Empire Mortgage Inc pay per hour?
The average hourly pay is $29. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Golden Empire Mortgage Inc?
According to the data, the highest approximate salary is about $68,523 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Golden Empire Mortgage Inc?
According to the data, the lowest estimated salary is about $51,999 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.