Builder Mortgage Loan Consultant for Growth

loanDepot; Nashville (TN); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

Aggressive compensation package

Inclusive, diverse culture

Professional development opportunities

Tuition reimbursement

Comprehensive benefits (Medical/Dental

Wellness program

Generous paid time off

Job summary

loanDepot is seeking a Builder Loan Consultant in Nashville to cultivate loan referrals through builders and evaluate customer applications for credit approval on real estate loans. The role maintains borrower relationships and ensures adherence to builder standards throughout the loan process.

The ideal candidate will have an NMLS license with 1–3 years of loan origination experience, including purchase loans, and will bring builder-experience familiarity to help tailor loan programs to client

Qualifications

• NMLS license is required.
• 1–3 years of loan origination experience.
• Experience originating purchase loans required.
• Builder experience strongly preferred.

Responsibilities

• Engage in managing the loan pipeline with all team members to meet company efficiency standards
• Meet with borrowers to determine best loan program for individual needs after analyzing income, assets, credit, and property
• Collect all required documentation from borrowers and converts to paperless documents
• Prepare and submit loan submission sheet to set up
• Read and understand rate sheets, product codes, loan level price adjustments to calculate rates and fees
• Negotiate and confirm rates, fees, and lock terms with customer
• Lock loans in the system with agreed upon terms and manage locked pipeline through the funding
• Communicate regularly with borrowers to meet desired expectations
• Communicate positively and professionally with operations staff throughout the process of the loan to ensure a smooth closing
• Maintain minimum productivity goals

Skills

NMLS license

Loan origination experience

Builder experience

Education

High school diploma or GED

Job description

loanDepot is seeking a Builder Loan Consultant in Nashville to cultivate loan referrals through builders and evaluate customer applications for credit approval on real estate loans. The role maintains borrower relationships and ensures adherence to builder standards throughout the loan process.

The ideal candidate will have an NMLS license with 1–3 years of loan origination experience, including purchase loans, and will bring builder-experience familiarity to help tailor loan programs to client