Builder Mortgage Specialist

loanDepot; Brooksville (FL); On-site; USD 60,000 - 85,000; Full time

Benefits offered by this job

Competitive compensation package

Diversity and collaboration

Tuition reimbursement

Medical/Dental/Vision

Wellness program

Generous paid time off

Job summary

loanDepot is seeking a Builder Loan Consultant who will cultivate loan referrals through builders and document credit applications for real estate loans.

You will manage the loan pipeline with the team, meet borrowers to select the best program after analyzing income/assets/credit, collect documents, submit the loan submission sheet, read rate sheets, negotiate terms, lock loans, and coordinate a smooth closing with operations.

Qualifications

• NMLS license required.
• 1–3 years of loan origination experience.
• Experience originating purchase loans.
• Builder experience strongly preferred.
• Bilingual in Spanish preferred.
• High school diploma or GED required.

Responsibilities

• Manage the loan pipeline with the team to meet efficiency standards.
• Meet with borrowers to determine best loan programs after analyzing income, assets, credit, and property.
• Collect required documentation from borrowers and convert 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.
• Coordinate with operations staff throughout the loan process to ensure a smooth closing.
• Maintain minimum productivity goals.

Skills

Loan origination

Spanish language (preferred)

Education

NMLS loan originator license

High school diploma or GED

Job description

loanDepot is seeking a Builder Loan Consultant who will cultivate loan referrals through builders and document credit applications for real estate loans.

You will manage the loan pipeline with the team, meet borrowers to select the best program after analyzing income/assets/credit, collect documents, submit the loan submission sheet, read rate sheets, negotiate terms, lock loans, and coordinate a smooth closing with operations.