Loan Officer -Vision Mortgage Group

Position Overview

Job Summary: The Outside Loan Officer’s primary role is to source, qualify and originate mortgage loans by working primarily outside the company’s offices to solicit and obtain business from referral sources such as realtors, builders, financial service providers and others as well as directly from borrowers. This is a fully remote position in the Sales category.

Key Responsibilities

• Comply with outside sales and reporting obligations, duties, requirements and guidelines.
• Produce loans according to targets set by manager.
• Uphold the integrity of the brand.
• Be familiar with originating loans.
• Properly qualify consumers and ensure pre-approvals are issued according to guidelines.
• Monitor the loan pipeline through Lenders Office.
• Track productivity via reporting tools.
• Ensure compliance with all government and regulatory requirements.
• Determine own working hours; no set number of hours is required.
• Collect borrower information and complete the loan application form.
• Set yearly goals and attend meetings with the manager.
• Educate and communicate regularly with borrowers, listing brokers, and selling brokers.
• Analyze the prospective borrower’s income and debt to pre-qualify for the maximum mortgage amount.
• Advise borrowers on different loan product options, explaining how closing costs and monthly payments may vary.
• Maintain regular contact with borrowers, realtors, and the company from application through closing.
• Collect financial documents such as tax returns and bank statements as part of the application process.
• Order in-file credit reports when required.
• Determine if the property is located in a flood area when necessary.
• Attend the closing of the mortgage loan if requested by the company.
• Under no circumstances shall the Loan Officer be compensated greater than the amount negotiated in theLoan Officer Compensation Agreement.
• Comply with the policies and procedures outlined in the Company Handbook.
• Perform other duties as assigned.

Required Qualifications

• Ability to comply with the policies and procedures outlined in the Company Handbook.
• Must have a current license through NMLS and be in good standing.
• Knowledge of Freddie Mac (FHLMC), Fannie Mae (FNMA), FHA, and VA.
• At least two (2) years of prior mortgage or mortgage banking experience.
• Ability to deliver effective results and meet deadlines.
• Proven history of exceeding sales goals.
• Reliable transportation, a valid driver’s license, and current automotive insurance.
• Sound judgment and decision-making skills.
• Ability to work under pressure and meet deadlines with minimal supervision.
• Excellent phone and customer service skills.
• Proven ability to develop and maintain relationships within the real estate community.
• Timely communication and responsiveness in line with department standards.