Entry Level Loan Officer (with training)
Summit Fundingabout 1 year ago
United States
Remote
Full-time
Beginner Level (< 1 year)
$500 Annually
Job Description
Position Overview
Summit Funding, Inc – one of the oldest privately owned top 50 national mortgage lenders – is offering you the opportunity to launch your career in mortgage sales through a FREE 16-week training program. Learn the fundamentals of mortgage sales from industry experts, including CEO Todd Scrima, and gain the skills essential to excel as a Loan Officer. Please note that this is a training program and not an immediate job offer; top graduates will be considered for full-time positions.
Key Responsibilities
- Foster a culture of collaboration, trust, support, and best-in-class service.
- Originate and close residential home loans while serving as a subject matter expert on the mortgage process.
- Develop long-term relationships with realtors, homebuilders, and other referral sources through regular outreach.
Required Qualifications
- Loan Officer University Graduate.
- Must be currently licensed with NMLS.
- Must reside in and be authorized to work in the United States; Summit Funding does not sponsor work visas.
Benefits & Perks
- Compensation: Hourly wage of $20.19/hr plus a bonus on each loan closed until promotion to Sr Loan Officer; Sr Loan Officer compensation is based on full commissions with rates ranging from 50 to 150 basis points per loan depending on position, experience, and location.
- Training Program: FREE 16-week self-paced Loan Officer training designed to build your expertise and earning potential.
- Support: Benefit from top tier support including dedicated appointment setters and a full-time marketing team.
Required Skills
Mortgage Lending
Lead Generation
Loan Processing
Relationship Building
Customer Service
Sales