AmNet Services

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MORTGAGE LOAN OFFICER

MORTGAGE LOAN OFFICER

American Mortgage Network

Chula Vista, CA โ€ข On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 19 days ago


Job description

SUMMARY
American Mortgage Network (AmNet) is a 100% employee owned ESOP. We are seeking a Loan Officer in Mortgage. The Loan Officer collects and reviews residential loan application files for completeness and compliance with company policies and state and federal regulations. Works with processors, underwriters, and borrowers to complete loan applications, price and lock loans and collect other documentation as needed.
ESSENTIAL DUTIES
  • Maintain Referral Relationships and Approach Leads - Although the marketing or sales team may help bring in new loan applicants to some extent, it is the responsibility of the mortgage loan originator to attract potential borrowers. AmNet loan originators must cultivate relationships with real estate agents, financial planners, accountants, and others, who then refer their clients to them.
  • Advise Applicants on Loan Options - Interview applicants to assess their loan requirements. AmNet Mortgage Loan Originators must be familiar with all of the different kinds of loans available and are able to advise applicants on which option is best suited for their needs.
  • Analyze and Submit All Applicant's Required Documentation - The entire loan application includes but is not limited to documentation from credit bureaus, financial institutions, and employers. AmNet Mortgage loan originators gather and analyze each document, ensuring that it is accurate and fulfills application requirements. The application must be input using our OpenClose origination system and submitted for approval.
  • Oversee Loan Process Through Closing - AmNet Mortgage loan originators monitor the loan application as it waits for approval from the lender. They provide progress reports to their clients, and if any discrepancies should arise between the lender and the potential borrower, they help to resolve them.
  • Provide Ongoing Customer Support - Although mortgage loan originators often receive a commission for each loan they close, the most important element of success is not clever salesmanship, but excellent customer service. They do this by providing education, advice, and progress reports, answering questions, and resolving problems.

SKILLS AND QUALIFICATIONS
  • Banking and lending legal knowledge - a strong understanding of state and federal laws surrounding loans is crucial, both for educating clients on how the process works and for checking the accuracy of applications
  • Accounting experience - in order to advise applicants on which loan is best for them, mortgage loan originators must be able to analyze their clients' finances and understand how that influences their options
  • Salesmanship - although this is only one of several skills needed to successfully close new loans, it is nevertheless vital to have a solid understanding of how sales pipelines work and which techniques help convert leads into clients
  • Service orientation - mortgage loan originators must always have the best interests of their clients at heart when advising on their options
  • Communication skills - whether communicating with potential borrowers or lenders, mortgage loan originators must be able to discuss complex and sometimes sensitive subjects with clarity and tact

MINIMUM REQUIREMENTS
  • All applicants must be licensed through NMLS with state licenses prior to taking an application.
  • Must have a high school diploma or equivalent.
  • Minimum of 2-3 years' mortgage experience is required.

American Mortgage Network team members enjoy excellent benefits, perks, business casual dress, training, development and career opportunities.
American Mortgage Network is an Equal Opportunity Employer committed to workforce diversity. Qualified applicants will receive consideration without regard to age, race, color, religion, gender, sexual orientation, national origin, or their status as a protected veteran or an individual with disabilities. Local applicants encouraged to apply. Employment contingent upon successful completion of background investigation. Drug-free work environment. Excellent benefits package including medical, dental and vision along with the ESOP Retirement benefits. All resumes are held in confidence. Equal Opportunity Employer- Minorities/Females/Disabled/Veterans.