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Rate Mortgage Jobs (NOW HIRING)

Collabera

Mortgage Closer

New York, NY

Contract Duration: 18 months Pay rate: 20/hr The Custom Residential Real Estate Fulfillment center ... Experience with Mortgage closing * handled real estate loan documents Additional Information If you ...

Ultimate Rate Mortgage

Office Assistant

Des Plaines, IL

$16.25 - $21.50/hr

We are currently hiring a Office Assistant at Ultimate Rate Mortgage! Who we are... We're a small (but fast-growing) mortgage broker looking for team players who can step in and do what needs to be ...

Farmers State Bank

Mortgage Underwriter

Lagrange, IN · On-site

$22.72/hr

Underwriting mortgage loans submitted for in-house and long-term fixed rate mortgage program, (FHLBI) which includes reviewing documentation, analyzing risk and presenting loans for approval.

Farmers State Bank

Mortgage Underwriter

Lagrange, IN · On-site

$22.72 - $37.88/hr

Underwriting mortgage loans submitted for in-house and long-term fixed rate mortgage program, (FHLBI) which includes reviewing documentation, analyzing risk and presenting loans for approval.

Ultimate Rate Mortgage

Office Assistant

Des Plaines, IL · On-site

$16.25 - $21.50/hr

We are currently hiring a Office Assistant at Ultimate Rate Mortgage! Who we are... We're a small (but fast-growing) mortgage broker looking for team players who can step in and do what needs to be ...

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What jobs in the US pay $300,000 a year?

In the mortgage industry, senior roles such as mortgage executives, underwriters, or loan officers with extensive experience and high-volume production can reach or exceed $300,000 annually, often including bonuses and commissions. Generally, high-paying jobs at this level require specialized skills, certifications, and a strong track record in the financial or real estate sectors.

What is the difference between Rate Mortgage vs Mortgage Underwriter?

AspectRate MortgageMortgage Underwriter
Primary RoleAssesses and determines mortgage interest rates based on borrower risk and market conditionsEvaluates loan applications to ensure compliance with lending criteria and risk assessment
Required CredentialsKnowledge of mortgage products, market trends, and basic financial analysisMortgage licensing, underwriting certifications, and financial analysis skills
Work EnvironmentFinancial institutions, mortgage companies, or banksBanking or lending institutions, often within loan processing teams
Industry UsageUsed in mortgage rate setting and market analysisUsed in loan approval and risk management processes

While a Rate Mortgage professional focuses on setting competitive interest rates based on market and borrower data, a Mortgage Underwriter evaluates individual loan applications to determine approval eligibility. Both roles are essential in the mortgage industry but serve different functions within the lending process.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 0.5% to 1% of the loan value. For a $500,000 mortgage, this could translate to $2,500 to $5,000 in commissions or fees, depending on the lender and compensation structure. Loan officers also earn salaries and bonuses, which vary by experience and location.

What job makes $10,000 a month without a degree?

High-paying sales roles such as real estate agents, insurance brokers, or financial advisors can earn $10,000 or more monthly without requiring a college degree, often relying on strong communication skills, licensing, and experience. Additionally, skilled trades like commercial plumbing or electrical work may reach similar income levels with experience and certifications, especially in high-demand markets.

What is the highest paying job in the mortgage industry?

In the mortgage industry, senior roles such as Mortgage Vice Presidents, Chief Mortgage Officers, or Regional Managers tend to have the highest salaries, often exceeding six figures. These positions require extensive experience, leadership skills, and industry knowledge, and they oversee large teams or operations within financial institutions or mortgage companies.
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What states have the most Rate Mortgage jobs? States with the most job openings for Rate Mortgage jobs include:
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Rate Mortgage jobs near you

Mortgage Loan Officer Assistant - Loan Partner

Preferred Rate

Oakbrook Terrace, IL

Full-time

Posted 23 days ago

Job description

Preferred Rate Mortgage is seeking a talented and experienced Mortgage Banking professional to join our team in the Chicagoland area. We're looking for a Mortgage Loan Officer Partner who will work directly with our team and support our loan origination staff. You’ll track leads daily, assist with Loan Applications and Pre-Approvals, schedule appointments for the mortgage team and respond to customer inquiries on transactions as needed. If you are currently a Mortgage Loan Originator or Loan Officer Assistant who has proven mortgage lending sales and operations skills, we encourage you to apply!


One of our "Top" Loan Officers is seeking an enthusiastic Mortgage Loan Partner/Loan Officer Assistant to join the team to support future business growth. The ideal candidate will possess strong sales and relationship-building skills along with strong interpersonal and organizational skills. Mortgage Loan Origination experience as a licensed Loan Officer or Mortgage Loan Officer Assistant is required.


We are committed to providing a rewarding and engaged work experience to develop you as a professional as part of a supportive and collaborative team. If you’re looking to take your career to the next level and be part of a very successful team and company, we want to hear from you.

Compensation:

$50,000 + bonus


Responsibilities:
  • Coordinate and prepare documentation necessary for verifications and underwriting such as loan files, loan packages, credit reports, and additional mortgage application paperwork
  • Be the primary liaison between the mortgage loan officer and our clients and schedule meetings to discuss outstanding items
  • Handle all customer and in-house inquiries about transactions so the process is smooth and customers receive excellent service
  • Support loan officers by managing and tracking daily leads to ensure timely follow-up.
  • Assist in preparing and processing loan applications and pre-approvals to streamline the mortgage process.
  • Schedule and coordinate appointments for the mortgage team to optimize workflow and client interactions.
  • Respond promptly to customer inquiries, providing clear and accurate information on mortgage transactions.
  • Collaborate with the loan origination staff to maintain a seamless and efficient operation.
  • Monitor and update client records to ensure data accuracy and compliance with industry standards.
  • Facilitate communication between clients and the mortgage team to enhance customer satisfaction.

Qualifications:
  • Excellent customer service and communication skills and willing to go above and beyond for customers and team
  • Comprehension of basic loan financing options such as conventional loans, FHA, VA, adjustable/ fixed, commercial loans, etc.
  • Having an NMLS license is not required, but is preferred
  • Having an active NMLS Mortgage license is preferred, or being willing to become licensed within 90 days of hire.

About Company

Preferred Rate is a Top 10 National Mortgage Lender partnered with American Pacific Mortgage. Our vision is to make the complex mortgage process simple, fun, and friendly so clients are smiling at the closing table. We aspire to enrich the lives of clients by helping them fulfill the dream of homeownership while building meaningful relationships. Managing relationships with care is our number one priority. We do so by responding timely to calls, keeping everyone informed, explaining complex scenarios in understandable terms, and “wowing” everyone we work with. We strive to provide development opportunities and career paths for everyone, and recognize each other’s accomplishments and value!