line

Mortgage Loan Officer

  • Job Tracking ID: 512491-432264
  • Job Location: Salt Lake City, UT
  • Job Level: Mid Career (2+ years)
  • Level of Education: High School/GED
  • Job Type: Full-Time/Regular
  • Date Updated: June 27, 2017
  • Years of Experience: 2 - 5 Years
  • Starting Date: ASAP
  • Salary: Base Draw, Commission plus Healthcare and Retirement Benefits



Invite a friend
facebook LinkedIn Twitter Email


Job Description:

 

First Option Mortgage is looking for experienced mortgage loan originators with previous sales success to sell and close Conventional, FHA, VA and USDA residential home loans through our in-house, mortgage banking platform.

 

Responsibilities include:

 

  • Advise new and existing customers on various loan programs based on their financial needs and current rates
  • Obtain and analyze financial and credit data
  • Negotiate terms and conditions of loans with applicants
  • Act as primary liaison between borrowers, outside entities (realtors, title and escrow officers, etc.), and other company employees to facilitate a prompt and efficient loan closing
  • Remain current on trends and developments in the local real estate market, as well as changing rules and regulations pertaining to both private and government-insured mortgages
  • Manage personal pipeline to ensure service standards and financial goals are met
  • Consistently work in accordance with departmental sales and service standards
  • Transact business in conformance with state and federal regulations such as RESPA, HMDA and Fair Lending Practices.

 

WHAT WE PROVIDE TO YOU:

 

  • We fund our loans as a Mortgage Banker or Lender with large, Tier-1 Investors
  • Highly-competitive commission structure with a monthly draw guarantee
  • Superior pricing and product placement through our online, real-time pricing engine
  • Close loans in days, not weeks or months
  • In-house mortgage operations team (processing, underwriting, closing, etc.) to ensure your loans get through the system fast and clean the first time
  • Top-notch marketing and advertising programs that bring qualified clients directly to you
  • Hands-on sales management to provide continual education and sales training

 

BENEFITS:

 

  • Medical, Dental, and Vision Insurance Plans for employees and family
  • Voluntary Term Life Insurance and Accidental Death and Dismemberment Insurance Plans
  • Voluntary Long-Term Disability Insurance Plan
  • 401(k) Retirement Plan
  • Flexible Spending Accounts
  • Employee referral program that rewards you financially for referring top-performing employees
  • Monthly top branch performer incentives

 

Experience and Skills:

  • Must be licensed as a Mortgage Loan Originator (MLO) per the S.A.F.E. Act requirements
  • Bachelor’s degree in business, finance or equivalent work experience required
  • 2-5 years of relevant mortgage origination and loan structuring experience (preferred)
  • Experience collecting and analyzing borrower income
  • Strong analytical, mathematical, and negotiating abilities
  • Excellent oral and written communication skills
  • Ability to multi-task
  • High level of integrity and trust
  • Team-player with selfless attitude
  • Professional demeanor and attire
  • Proficient with all MS Office applications (Word, Excel, Outlook, etc.)