Junior Loan Officer

All Western Mortgage; Madison (WI); On-site; USD 54,000 - 66,000; Full time

Job summary

All Western Mortgage in Madison, Wisconsin is looking for a Loan Officer to guide clients through the home-buying process. The role involves regular client communication, reviewing loan options, and gathering financial information to facilitate applications.

With a competitive compensation of $60,000+ per year along with a $20 hourly rate plus commission, the ideal candidate will possess a current NMLS license and strong relationship-building skills.

Qualifications

• Minimum 1 year of loan origination experience or 2+ years of loan officer assistant experience.
• Current NMLS license required.
• Excellent relationship, sales, communication, and MS Office skills.

Responsibilities

• Take clients through the entire home‑buying process, maintaining regular contact.
• Review options with the senior loan officer/MLO and recommend appropriate home loan products.
• Gather financial information and prepare loan files.

Skills

Loan origination experience

Relationship building

Sales skills

Communication skills

MS Office skills

Job description

Responsibilities

• Take clients through the entire home‑buying process, maintaining regular contact and providing support throughout.
• Review options with the senior loan officer/MLO and recommend the appropriate home loan product based on the applicant’s financial status.
• Gather financial information to assist with loan applications, prepare loan files, and assess applicants’ financial situation and eligibility.
• Create personal relationships with loan applicants by offering additional information and answering questions about home mortgage products.
• Identify potential issues with preapprovals and actively work to find solutions, ensuring a smooth loan process from offer acceptance through closing.

Qualifications

• Minimum 1 year of loan origination experience or 2+ years of loan officer assistant experience.
• Current NMLS license.
• Willingness to work varying hours as needed for client communication.
• Excellent relationship, sales, communication, and MS Office skills.
• Knowledge of guidelines for loan programs and various types of loans such as FHA, commercial loans, VA, etc. is an asset but not required.

Compensation

$60,000+ per year with a $20 hourly rate plus commission.