Mortgage Loan Officer at Button Finance
North Tustin, CA
About the Job
We are looking for hungry, skilled, loan officers, who want to get back to making at least 5 figures a month. Our better LO's earn closer to 20,000 a month. Everyone said that we couldn't build a mortgage company that focused on HELOC/HELOAN's, while paying your LO's that type of comp while still being profitable. Well, we did and now it is time to grow!
By concentrating only on the equity market, we have developed a process that allows our loans to close in 7 to 10 days. We have an in-house call center that will transfer you pre-qualified leads (8 to 10 transfers a day). Both of our underwriters and processors are on site, which allow for files to be approved in less than 24 hours and files to get to docs in less than 4 days. If you are tired of trying to get you borrowers to increase their rates by 2 or 3 percent and would like to work with borrowers where you cut their debts in half, while also giving them the cash they are looking for, we are the place for you. Average commission on a funded loan is 100 bps on top of a small base that is not a draw.
Compensation:$120,000 - $150,000+ yearly
Responsibilities:- Communicate a thorough understanding of different loan programs and closing costs to help prospective buyers make a decision
- Ensure accurate and timely preparation of all required documents from borrowers, loan officers, title companies and other related industry professionals
- Manage a large pipeline of loans to ensure your production meets our requirements
- Current NMLS State License or Federal NMLS Registration
- Understanding of loan originator software such as Experian, LendingWise, or Calyx, and Office Suite highly preferred
- Several years of experience in real estate, mortgage origination, or lending required
- Knowledge of state and federal regulations, and company underwriting policies and guidelines
Button Finance is a technology-forward mortgage lender. We are passionate about delivering the best mortgage experience to our customers and borrowers.