Auf einen Blick
- Aufgaben: Guide clients through the loan application process and assess their financial needs.
- Arbeitgeber: The Lending Group Co offers a full range of premium mortgage products nationwide.
- Mitarbeitervorteile: Competitive salary, opportunities for growth, and a supportive team environment.
- Warum dieser Job: Join a dynamic team and make a real impact in clients' financial journeys.
- Gewünschte Qualifikationen: 3+ years as a Loan Officer or Partner; strong sales and communication skills required.
- Andere Informationen: Bilingual in Russian and English is preferred.
Das voraussichtliche Gehalt liegt zwischen 30000 - 49000 € pro Jahr.
We are seeking a motivated and detail-oriented, preferably Russian and English-speaking Loan Officer to join our financial services team. The ideal candidate will have a strong background in financial sales and credit analysis, with a commitment to providing exceptional service to clients.
As a Loan Officer, you will be responsible for guiding clients through the loan application process, assessing their financial needs, and recommending suitable loan products. A thorough understanding of Fair Housing regulations and experience with financial software is essential for success in this role.
Responsibilities
- Respond to all in-house and customer inquiries regarding transactions and provide quotes when needed to offer exceptional customer service with outstanding communication skills.
- Facilitate the completion of loan applications, coordinate the collection of documentation, including credit reports, run DU/LP/AUS, send a closing cost worksheet to borrowers, and prepare the file for processing.
- Serve as the primary contact during the “contact to contract” phase of the loan process and liaison between clients, referral partners, and the loan officer, conducting meetings to coordinate any follow-up items.
- Review all loan package documentation for discrepancies, omissions, and income calculation, then report any discrepancies to the loan originator.
- Create and nurture relationships with both referral partners and borrowers to draw in new business and retain our existing clients.
- Follow up and respond to customer and in-house inquiries on transactions and provide quotes as needed to offer superior customer service.
Qualifications
- A minimum of 3 years of previous experience fulfilling the roles of an LOA/Loan Partner, Loan Officer; 5+ years preferred.
- Minimum 2 years of outbound call center experience with a track record of successfully securing the contract for new loans.
- Experience as well as being comfortable with calling potential and past clients to sell rates.
- Current NMLS # with the ability to include PA, NJ, DE, FL.
- Must have current working knowledge of mortgage loan products (FHA/VA/CONV/USDA) and knowledge of mortgage procedures, processes, and documentation.
- Excellent time management, interpersonal, communication, and follow-up skills.
- The ability to analyze credit reports, income, and asset documents, as well as an understanding of general ways to structure a loan.
Compensation
$50,000 – $70,000 yearly
About The Lending Group CO
The Lending Group Co is a retail mortgage lender that provides a complete range of premium mortgage products and services to meet the needs of its clients. We originate first and second residential mortgage loans for Conventional, FHA, VA, Jumbo, and Reverse borrowers nationwide.
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Loan Partner Arbeitgeber: Bighornlaw
Kontaktperson:
Bighornlaw HR Team
StudySmarter Bewerbungstipps 🤫
So bekommst du den Job: Loan Partner
✨Tip Number 1
Make sure to brush up on your knowledge of mortgage loan products like FHA, VA, and USDA. Being well-versed in these areas will not only help you during the interview but also show that you're serious about the role.
✨Tip Number 2
Since communication is key in this role, practice your interpersonal skills. Consider role-playing scenarios where you explain loan products to clients or handle inquiries, as this will prepare you for real-life interactions.
✨Tip Number 3
Network with professionals in the financial services industry, especially those who have experience as Loan Officers. They can provide valuable insights and may even refer you to opportunities within their organizations.
✨Tip Number 4
Familiarize yourself with Fair Housing regulations and current market trends. This knowledge will not only enhance your credibility but also demonstrate your commitment to providing exceptional service to clients.
Diese Fähigkeiten machen dich zur top Bewerber*in für die Stelle: Loan Partner
Tipps für deine Bewerbung 🫡
Highlight Relevant Experience: Make sure to emphasize your previous experience as a Loan Officer or Loan Partner. Detail your financial sales background and any specific achievements that demonstrate your ability to secure loans and provide exceptional service.
Showcase Communication Skills: Since the role requires outstanding communication skills, include examples of how you've successfully interacted with clients and referral partners in the past. This could be through customer service experiences or specific instances where your communication made a difference.
Demonstrate Knowledge of Mortgage Products: Clearly outline your understanding of various mortgage loan products such as FHA, VA, and Conventional loans. Mention any relevant certifications or training that support your expertise in this area.
Tailor Your Application: Customize your resume and cover letter to reflect the specific requirements mentioned in the job description. Use keywords from the listing to ensure your application stands out and aligns with what the company is looking for.
Wie du dich auf ein Vorstellungsgespräch bei Bighornlaw vorbereitest
✨Showcase Your Financial Expertise
Be prepared to discuss your experience in financial sales and credit analysis. Highlight specific examples where you've successfully guided clients through the loan application process and how your knowledge of mortgage products has benefited them.
✨Demonstrate Exceptional Communication Skills
Since this role requires outstanding communication, practice articulating your thoughts clearly. Be ready to explain complex financial concepts in simple terms, as you will need to communicate effectively with clients and referral partners.
✨Familiarize Yourself with Fair Housing Regulations
Understanding Fair Housing regulations is crucial for this position. Brush up on these laws and be prepared to discuss how they impact your work as a Loan Officer, ensuring that you can provide compliant and ethical service.
✨Prepare for Technical Questions
Expect questions about financial software and mortgage procedures. Review your knowledge of DU/LP/AUS systems and be ready to discuss how you handle documentation and discrepancies in loan packages.