Mortage Banker 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 LOs 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 allows 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 your 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, plus base pay.
We also provide training to help get our bankers up to speed as soon as possible.
Compensation:$120,000 - $180,000+ yearly
Responsibilities:- Communicate a thorough understanding of different loan programs and closing costs to help prospective buyers make a decision
- Ensure all phases of the loan process are performed in accordance with regulatory and company guidelines
- Work closely with industry related professionals to gather and prepare all necessary information to complete underwriting requirements
- Maintain an active rolling pipeline of funding per our guidelines
- Must have an active NMLS Mortgage Originator License
- Previous experience with Office Suite and loan originating software such as Experian, Calyx, or LendingWise preferred
- Requires compliance with lending regulations and bank underwriting guidelines and lending policies
Button Finance is a technology-forward mortgage lender. We are passionate about delivering the best mortgage experience to our customers and borrowers.