Licensed Mortgage Loan Officer (1+ year required)

Responsibilities:
- Evaluate loan applications and determine the creditworthiness of applicants
- Conduct thorough financial analysis and assess the risk associated with each loan application
- Negotiate loan terms and conditions with clients to ensure mutually beneficial agreements
- Collaborate with clients to gather necessary financial documents and information for loan processing
- Utilize loan origination software, such as Quicken, to streamline the application and approval process
- Perform credit analysis to assess the likelihood of repayment and adherence to TILA regulations
- Maintain accurate records of loan applications, approvals, and denials
- Collaborate with underwriters and other team members to ensure smooth loan processing
- Stay up-to-date with industry trends, regulations, and best practices in loan origination
- Work with partner lenders such as Rocket, AmeriSave, Loan Depot, PennyMac, etc.

Qualifications:
- Proven experience in financial sales or a related field
- NMLS license required
- Strong knowledge of loan origination processes and procedures
- Familiarity with accounting software for financial analysis purposes
- Excellent negotiation skills to secure favorable terms for both the client and the bank
- Ability to analyze creditworthiness and assess risk accurately
- Strong attention to detail and ability to work in a fast-paced environment
- Excellent communication skills, both written and verbal
- Ability to build rapport with clients and provide exceptional customer service

Please note that this job description is not exhaustive and additional responsibilities may be assigned as needed.

Job Type: Full-time

Pay: $100,000.00 - $600,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Vision insurance

Schedule:

• 8-hour shift
• Monday to Friday

Pay types:

• Base Pay
• Commission pay
• Bonus Pay

License/Certification:

• MLO License (Required)

Ability to Commute:

• Troy, MI 48084 (Required)

Work Location: In person