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Mortgage Loan Officer
Career Insights for Mortgage Loan Officer
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Scorecard
Based on Florida data
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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
Job Description
Responsibilities:
- Meet with clients to discuss their loan needs and financial goals
- Collect and analyze financial information to determine eligibility for loans
- Assist clients in completing loan applications and gathering required documentation
- Evaluate loan applications, including credit history, income verification, and collateral assessment
- Collaborate with underwriters to ensure timely loan approval and closing
- Provide exceptional customer service throughout the loan process
- Stay up-to-date on industry regulations and compliance requirements, including TILA and FNMA guidelines
- Maintain accurate records of loan applications, approvals, and denials
Requirements:
- Proven work experience as a licensed Loan Officer
- In-depth knowledge of loan origination and processing procedures
- Familiarity with accounting software and mortgage servicing systems
- Strong analytical skills with the ability to assess creditworthiness and financial risk
- Excellent communication and interpersonal skills
- Detail-oriented with the ability to multitask effectively
- Ability to work independently and meet deadlines If you are a motivated individual with a passion for helping clients achieve their financial goals, we would love to hear from you.
Pay:
$69,976.60- $150,000.
Benefits:
Opportunities for advancement Work from homeWork Location:
Hybrid remote in Jupiter, FL 33477Benefits
- Dental Insurance