Mortgage Loan Originator at American Community Bank
Mortgage Loan Originator at American Community Bank
Content Overview
Mortgage Loan Originator at American Community Bank. Are you a driven and energetic professional who is dedicated to making homeownership dreams a reality? If so, American Community Bank invites you to explore a fulfilling career opportunity as a Mortgage Loan Originator in the bustling and diverse city of New York, NY. In this exciting role, you’ll have the chance to leverage your unique skills and expertise to guide individuals through the intricate process of securing their dream homes. We are actively searching for a talented individual with a robust set of interpersonal skills, a deep understanding of financial intricacies, and an unwavering commitment to providing unparalleled customer service. Join us on this transformative journey where your passion meets purpose, and together, we can shape the landscape of homeownership in one of the most dynamic cities in the world.
We are actively recruiting dynamic Mortgage Loan Originators to become integral members of our team, operating as independent contractors. If you have a solid understanding of NON-QM Loan products, including DSCR loans, and consider yourself ambitious with a knack for self-sourcing, we want to hear from you.
Job Type | Freelance, Contract |
Pay | Pay: $60,000.00 – $110,000.00 per year |
Benefits | Flexible schedule |
Work Location | Remote, New York, NY |
Shift and schedule | Flextime |
Qualities We Seek
- Specialization: Familiarity with NON-QM Loan products, particularly DSCR loans, is a key requirement.
- Independence: Act as an independent contractor, utilizing your skills and expertise to drive success.
- Networking: Possess existing broker relationships and the ability to direct customers, contributing to the generation of new business opportunities.
- Product Knowledge:
- Investment property financing
- Non-QM options (Stated, full & no income check)
- Support:
- Utilize an integrated Loan Origination System (LOS).
- Access decision-makers for faster service and expedited closing times.
- Incentives:
- Competitive/aggressive compensation structure based on a tiered production scale.
- Enjoy an excellent work/life balance opportunity.
If you’re ready to take your career to the next level, leveraging your expertise in the mortgage industry, consider joining us. As a part of our team, you’ll have the chance to work with cutting-edge loan products, benefit from robust support systems, and enjoy a compensation package that rewards your commitment and success. Apply now to explore this exciting opportunity!
Your Responsibilities
- Prospecting and Relationship Management:
- Actively seek, cultivate, and sustain relationships with potential new business referral partners, including brokers, realtors, builders, and accountants. Building strong connections within the industry is essential to expanding your reach and generating a steady flow of business opportunities. By collaborating with these professionals, you can tap into their network and leverage their expertise to find the right clients for your loan services.
- Develop and maintain a robust network that includes not only referral partners but also key players in the lending industry. Being part of industry organizations and attending relevant events can help you stay updated on current market trends, foster relationships with other industry professionals, and ultimately create more opportunities to connect with potential clients.
- Compliance and Process Adherence:
- Oversee and ensure that all stages of the loan process adhere to both regulatory requirements and internal company guidelines. This involves maintaining a comprehensive understanding of applicable mortgage laws, rules, and regulations to ensure compliance throughout the loan origination process.
- Conduct thorough reviews to guarantee compliance, mitigating potential risks that may arise during the loan processing and underwriting stages. By meticulously examining loan documents, financial statements, and supporting documentation, you can minimize the potential for errors or discrepancies, ensuring a smooth and seamless loan experience for clients.
- Financial Guidance:
- Provide invaluable assistance to borrowers by aiding them in selecting optimal loan programs that align with their specific financial goals and needs. As a mortgage professional, your expertise will be crucial in guiding borrowers through the myriad of loan options available to them.
- Offer expert advice and insight into various loan options, explaining the benefits and potential drawbacks of each choice. By educating borrowers about different interest rates, terms, and repayment options, you empower them to make informed decisions that are in their best interest.
- Customer Service Excellence:
- Uphold the highest standard of customer service throughout the entire life cycle of the loan process. From the first point of contact to the closing of the loan, providing exceptional service is paramount. Promptly addressing client inquiries, concerns, and needs exemplifies your commitment to delivering a positive and stress-free experience.
- Proactively building a relationship with your clients ensures their trust and loyalty. Going above and beyond to exceed their expectations demonstrates your dedication to their financial well-being. By providing ongoing support even after the loan transaction is complete, you foster a lasting and meaningful relationship that can lead to future referrals and business opportunities.
In summary, your role as a mortgage professional encompasses diverse responsibilities that require a combination of relationship building, expertise in compliance, financial guidance, and exceptional customer service. By excelling in these areas, you establish yourself as a trusted advisor and valuable resource for borrowers seeking home financing options.
Qualifications for Mortgage Loan Originator Position
To be considered for the role of Mortgage Loan Originator, candidates must meet the following criteria:
- Licensing Requirement:
- Possession of a valid license or registration as a Mortgage Loan Originator is mandatory.
- Regulatory Compliance:
- Demonstrate a thorough understanding and adherence to all Federal and State regulations governing mortgage lending.
- Experience in Loan Origination:
- Proven experience in loan origination is a prerequisite for this position, showcasing your ability to navigate the intricacies of the lending process.
- Networking and Prospecting:
- Exhibit a high level of comfort in building relationships, meeting new people, and actively participating in networking activities to identify and pursue new business leads.
- Communication Skills:
- Possess excellent oral and written communication skills essential for generating independent leads and effectively conveying complex information to clients.
- Industry Knowledge:
- Demonstrate a working knowledge of standard loan products prevalent in the mortgage industry, showcasing your familiarity with the diverse range of offerings available to clients.
This comprehensive set of qualifications ensures that our Mortgage Loan Originators are well-equipped to excel in their roles, fostering compliance, expertise, and effective communication to drive success in the dynamic landscape of mortgage lending. If you meet these requirements and are eager to contribute your skills to our team, we encourage you to apply and be a part of our thriving organization
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