Team Lead - Mortgage Loan Officer

Description

Are you skilled in crafting lending solutions for clients and passionate about helping buyers achieve their property ownership goals? If this sounds like you, we want to connect! Lend-A-Loan is expanding, and we are seeking a dynamic professional to drive our sales team towards greater success. Join us on this exciting journey!

Responsibilities

• Manage a team of 4-6 LOs and LOAs
• Warm lead transfers
• Originate and process loan applications for clients seeking financing for various purposes
• Gather necessary financial information and documentation from clients to complete loan applications
• Evaluate loan applications and determine eligibility based on established criteria
• Conduct a thorough analysis of the client's financial status, credit history, and collateral to assess risk and make informed lending decisions
• Collaborate with processors and underwriters to ensure compliance with lending guidelines and regulations
• Provide exceptional customer service by addressing client inquiries, explaining loan options, and guiding them through the loan process
• Negotiate loan terms and conditions with clients to reach mutually beneficial agreements
• Coordinate with loan processors to ensure timely and accurate completion of loan documentation
• Stay updated on industry trends, regulations, and best practices related to loan origination and processing

Qualifications

• Minimum of 18 months of experience in loan origination
• Previous experience leading a team is a plus!
• Strong knowledge of loan processing procedures, including documentation requirements, underwriting guidelines, and regulatory compliance
• Proficient in using loan origination software/systems to manage client information and track loan progress
• Familiarity with basic math principles for calculating interest rates, payments, and other financial metrics
• Excellent communication skills to effectively interact with clients, colleagues, and other stakeholders involved in the loan process
• Detail-oriented mindset with the ability to analyze complex financial information accurately
• Proven ability to work independently while adhering to established policies and procedures