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Preferred Rate

Mortgage Loan Officer

Career Insights for Mortgage Loan Officer

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What they do

A Mortgage Loan Officer assists customers who apply for loans, and solicits loan applications on behalf of a bank, mortgage broker or credit union. Provides information on types of loans available, gathers financial and credit information needed to evaluate loan applications; guides the application and approval process. May partner with real estate agents to offer financing information to potential home buyers. May sell mortgage loans on commission.

$74,966 / year median in Florida

-0% projected decline

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Job Description

Mortgage Loan Officer Preferred Rate
  • 3.4 Boca Raton, FL Job Details $100,000
  • $250,000 a year 5 hours ago Qualifications Bachelor's degree Full Job Description Mortgage Loan Officer
  • New or Current Are you new, or do you have a proven track record of creating lending solutions for clients and a desire to assist buyers in obtaining the property of their dreams?
If so, we'd love to talk with you about joining our office. We are a tight-knit group of lending professionals seeking an experienced and detail-oriented mortgage loan officer. We provide excellent support to allow loan officers to grow their business and team. Opportunities for a sign-on bonus are available as well for active loan originators. If you are looking to take the next step in your career, apply now!
Compensation:
$100,000
  • $250,000 yearly
Responsibilities:
Maintain and build relationships through networking and prospecting with bankers, realtors, builders, and your community to attract new business Interact with customers, realtors, processors, and underwriters to ensure a smooth transaction Communicate a thorough understanding of different loan programs and closing costs to help prospective buyers make a decision Monitor the mortgage process to ensure all company and regulatory processes are adhered to Work closely with borrowers, loan officers, title companies/attorneys, or insurance companies to gather and prepare all documents needed to satisfy underwriting requirements
Qualifications:
Previous experience with Office Suite and loan originating software such as Experian, Calyx, or LendingWise preferred 3-5 years of real estate, mortgage origination, or lending experience required Bachelor's degree from a four year college or university required in banking, business, real estate, or a related field Knowledge of FHA, VA, USDA, conventional, fixed/ adjustable loans, Bridge Loans, Non-Conforming Loans, FNMA and FHLMC, and Home Equity Lines of Credit Knowledge of state and federal regulations, and company underwriting policies and guidelines About Company 99% of Mortgage Branches leave their loan officers to figure it out. Our office allows you to build your brand with the benefit of in-house coaching, guidance, and support to allow you to reach new levels that you did not know you could. Preferred Rate is a direct lender focused on supporting our loan originators. We provide a full array of products and support to make sure our loan officers can focus on building relationships and originating. We offer both in-office and remote options for loan originators. Loan originators receive full support through sales coaching, a documents specialist who follows up on all needed documents for applications taken, in-house processing, and a strong originating environment. If you are looking to have your business elevated, this is the place to be.