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Heloc Jobs (NOW HIRING)

Director, HELOC Brokerage

Atlanta, GA · On-site

$17.50 - $24/hr

Position: Director, HELOC Brokerage Location: Hybrid/Sandy Springs, GA (3 days in the office/2 days remote) We are unable to sponsor or take over sponsorship of an employment Visa at this time.

This isn't just another HELOC; it's a game-changer, helping to transform how seniors access the wealth in their homes on terms designed for them. Due to a very successful initial launch and ...

Oversees the end-to-end HELOC function, including application review, pre-underwriting support, documentation management, closing preparation, funding, post-closing activities, and ongoing system ...

Oversees the end-to-end HELOC function, including application review, pre-underwriting support, documentation management, closing preparation, funding, post-closing activities, and ongoing system ...

Our HELOC team will work directly with our members to develop relationships that help with any disconnects in the home equity process and build trust in selling the HELOC's that are competitively ...

This isn't just another HELOC; it's a game-changer, helping to transform how seniors access the wealth in their homes on terms designed for them. Due to a very successful initial launch and ...

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Heloc information

What are HELOCs?

A HELOC, or Home Equity Line of Credit, is a revolving line of credit secured by your home. It allows homeowners to borrow against the equity they've built up in their property, typically for home improvements, debt consolidation, or other major expenses. Unlike a traditional loan, you can draw funds as needed up to a certain limit, and you pay interest only on the amount you use. HELOCs usually have variable interest rates and a draw period followed by a repayment period.

What are some common challenges faced by professionals working in HELOC (Home Equity Line of Credit) roles, and how can they overcome them?

Professionals in HELOC roles often encounter challenges such as staying up-to-date with changing lending regulations, accurately assessing client eligibility, and managing fluctuating application volumes. To overcome these, it is crucial to maintain ongoing education about compliance requirements, utilize robust financial analysis tools, and communicate clearly with clients and team members. Building strong collaborative relationships with underwriters and loan processors also helps streamline the approval process and ensures a positive customer experience.

What are the key skills and qualifications needed to thrive as a Home Equity Line of Credit (HELOC) Loan Officer, and why are they important?

To thrive as a HELOC Loan Officer, you need a solid understanding of mortgage lending, credit analysis, and financial regulations, typically supported by experience in banking or finance and, in some cases, state licensing. Familiarity with loan origination software, credit reporting systems, and customer relationship management (CRM) platforms is essential. Exceptional communication, attention to detail, and problem-solving abilities help build trust and ensure accurate processing of loan applications. These skills and qualities are crucial for delivering excellent customer service, ensuring compliance, and closing loans efficiently in a competitive financial services market.

What is the difference between Heloc vs Mortgage Loan Officer?

FeatureHelocMortgage Loan Officer
CredentialsTypically no specific licensing required, but some states may have regulationsRequires licensing, such as NMLS registration
Work EnvironmentFinancial institutions, online platforms, or direct lendersMortgage brokerages, banks, or lending companies
Industry UsageUsed for home equity access, flexible borrowingFacilitates mortgage loan applications and approvals
Search & Comparison IntentUnderstanding HELOC options, borrowing limits, ratesComparing mortgage products, loan processes, eligibility

While a Heloc (Home Equity Line of Credit) is a revolving credit line secured by your home, a Mortgage Loan Officer helps clients secure mortgage loans. Both roles are connected to home financing but serve different purposes and require different credentials. Understanding these differences can help you choose the right financial product or professional for your needs.

More about Heloc jobs
What cities are hiring for Heloc jobs? Cities with the most Heloc job openings:
What states have the most Heloc jobs? States with the most job openings for Heloc jobs include:

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 13 days ago


Job description

Company Description

Longbridge Financial has launched HELOC For Seniors - a first-of-its-kind home equity line of credit (HELOC) designed for homeowners 62+. This isn't just another HELOC; it's a game-changer, helping to transform how seniors access the wealth in their homes on terms designed for them. Due to a very successful initial launch and overwhelmingly positive market response, we're actively recruiting and forming a team of seasoned HELOC professionals ready to take this to the next level as we continue our expansions.   

If you're building your career in the HELOC space and are ready for a new, meaningful challenge, this is your opportunity to make a significant impact - with one of the nation's leading forces in senior home equity solutions. 

At Longbridge, you'll have the support of a trusted national lender and servicer, along with the chance to shape growth, impact lives, and redefine what home equity means for today's older homeowners. 

 Bring your expertise. Expand your influence. Be part of something truly revolutionary in home equity lending. 

Job Description

The primary role of the Mortgage Loan Officer ( Licensed ) will be to assist those customers with their online application.  This will be accomplished by answering inbound calls to Longbridge Financial from customers needing assistance with their current application or with those customers wanting to apply.  They will also initiate outbound calls to those customers who have stalled in progress or may have been declined.  The Specialist should be prepared to make 100+ dials per day.  They will also be expected to meet business-defined metrics of production. This position requires you to have a valid MLO (Mortgage Loan Originator).  HELOC experience preferred.

 Job Duties:

  • Answer incoming calls & initiate outbound calls
  • Follow up on HELOC applications with the goal of moving the customer to a funded loan
  • Answer any product related questions
  • Solve technical challenges for any customer
  • Manage pipeline of loans
  • Create interest in reverse mortgage program where the H4S cannot work
  • Transfer non-qualified H4S customers to the reverse team when applicable
  • Manage lead pipeline via our CRM
  • Update the Sales CRM with notes on each transaction

 

Qualifications

 

  • Valid MLO required
  • HELOC experience preferred
  • Computer skills (MS Office)
  • Sales background
  • Mortgage industry knowledge and the understanding of mortgage products
  • Call center experience
  • Previous sales experience (any industry dedicated to phone sales, phone transactions)
  • Bilingual a plus
  • Organized, performance driven
  • Excellent communication skills, both written and verbal
  • Training will be held in the Houston office, mandatory
Additional Information
  • Working in a growing and dynamic industry
  • Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts
  • 401(k) with company match
  • Paid time off
  • This is an hourly non exempt role
  • Base salary which is based on various factors including skills and work experience. In addition to base salary, this role is eligible for a competitive additional compensation program via commissions that is based on individual performance.
  • LBF is an EEO/AA/Vet/Disabled Employer
  • Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial.

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