We are seeking a loan officer to evaluate, authorize, and either approve or deny loan applications for individuals or businesses. As a loan officer, you will serve as a liaison between clients and our financial institution, ensuring that qualified applicants receive loans in a timely manner.
Responsibilities:
- Evaluate creditworthiness by processing loan applications and related documentation within set limits.
- Conduct interviews with applicants to determine financial eligibility and the feasibility of granting loans.
- Calculate all relevant ratios and metrics, and establish debt payment plans.
- Communicate with clients to request or provide necessary information.
- Justify and report decisions on loan approvals or rejections.
- Complete loan contracts and advise clients on policies and restrictions.
- Stay updated on various loan types and financial services.
- Maintain and update account records.
- Assess customer needs, explore available options, and introduce various loan products.
- Develop referral networks, suggest alternative channels, and cross-sell products to meet quotas.
- Go the extra mile to build trust, customer loyalty, and satisfaction throughout the underwriting process.
- Operate in compliance with relevant laws, regulations, and lending guidelines.
Skills Required:
- Proven experience as a loan officer.
- Familiarity with computers and banking software applications.
- Strong understanding of direct and indirect lending products and practices.
- Excellent communication and interpersonal skills.
- A focus on customer satisfaction and sales capabilities.
- Ability to thrive in a goal-oriented environment.
- A BS degree in finance, economics, or a related field.
Job Details:
- This position is 100% commission-based and fully remote.
- Employment types available: Full-time, Part-time, Commission-based.
- Annual earnings range from $87,667.00 to $393,457.00.
COVID-19 Precautions:
- Remote interview process
- Social distancing guidelines in place
- Virtual meetings
For more information, please contact:
Owais | Mission San Jose Mortgage
Recruiting Department
Phone: (209) 273 5217 Email: m.owais@msjmortgage.com
Job Types: Full-time, Part-time
Pay: $50,000.00 - $480,000.00 per year
Expected hours: 10 – 25 per week
Benefits:
- Flexible schedule
- Work from home
Schedule:
License/Certification:
- State MLO license (Required)
- NMLS Number (Required)
Location:
Work Location: Remote