Loan Officer

Bank of England Mortgage Corporation; Arkansas; On-site; USD 45,000 - 85,000; Full time

Job summary

Join a legacy of excellence in the mortgage industry with a community-focused company that values personalized service and innovation. As part of an established organization, you will have access to a diverse range of modern mortgage products and a collaborative work environment. This role offers an exciting opportunity to thrive and make a meaningful impact while leveraging the latest technology to optimize workflows. With a commitment to continuous growth, you will be empowered to lead your branch to success and enjoy a fulfilling career in a supportive atmosphere. If you are passionate about helping clients achieve their homeownership dreams, this position is perfect for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k Plan

Flexible Work Hours

Direct Deposit

Employee Dispute Resolution

Technology Setups

Qualifications

• Experience in the mortgage industry with strong customer service skills.
• Ability to leverage technology for enhanced workflow.

Responsibilities

• Manage branch operations and grow business through effective leadership.
• Utilize marketing tools to attract new clients and enhance service.

Skills

Mortgage Industry Knowledge

Customer Service

Sales Skills

Marketing Support

Technology Integration

Education

High School Diploma

Bachelor's Degree in Finance or Business

Tools

SocialCoach

Help Desk Software

Email Support Systems

Job description

Joining Bank of England Mortgage means becoming part of a legacy with over a century of excellence in the mortgage industry. Here, you will benefit from our commitment to personalized, reliable service, and our forward-thinking approach that leverages the latest technology to enhance the customer experience. With access to a diverse range of modern mortgage products, a supportive and collaborative work environment, and a vast network of mortgage professionals across 28 states, you will have the tools and resources you need to excel in your career. At Bank of England Mortgage, we value strong leadership, community focus, and continuous growth—offering you the perfect platform to thrive and make a meaningful impact.

Family Owned Since 1898

Bank of England Mortgage is a division of Bank of England, a locally owned community bank located in England, Arkansas. We provide our clients with the expertise and services that are traditionally offered by the largest financial services institutions in the country - with the integrity of a local community bank.

Perks and Benefits

The Flexibility You Need
Many branch network companies are merely large brokerage operations that do not fund their own loans. Most others that do fund loans are subject to the restrictions placed on them by their warehouse lender. Bank of England Mortgage is part of Bank of England located in England, Arkansas, with its corporate headquarters in Little Rock, Arkansas. As such, we fund our loans through deposits and/or borrowings from the federal reserve system. Our managers enjoy the clout of affiliation with an FDIC insured Bank, and the ability to operate as a mortgage banker or a broker.

Marketing

Supercharge your success with essential tools:

• SocialCoach
• Marketing Support
• Company Store
• Website Design & Support

Information Technology

Modern Technology. Our goal is to optimize your workflow with integration and superior support:

• Help Desk
• Email Support
• Equipment Maintenance
• Software Updates

Human Resources

We provide top-notch service for all your HR needs, coordinating with you for a successful onboarding experience:

• Semi-Monthly payroll
• Direct deposit for all employees
• Benefits for full-time employees including medical, dental, vision, 401k, FSA, and life insurance
• Recruiting and hiring support
• Application processing and background checking
• Technology setups for each employee hired
• Employee dispute resolution
• Employee compliance assistance

Because we know the community, we can provide a well-rounded review of a loan application. We do not just rubber stamp the decisions that an impersonal automated underwriting system produces, and that many lenders use as the sole criteria for a lending decision. The result is that Bank of England Mortgage collects and analyzes more information on the borrower and can make a better decision – saving time and money.

• Common Sense Review
• DU and LP

Compensation for Branch Managers and Their Team

Focus on growing your business. Our affiliate managers are able to take the profits generated by their branch. Producing managers are able to make commissions on their personal production and overrides on their sales team. For loans closed in-house, your branch is credited for all loan fees collected, and premium pricing from the lock-in, at the time the loan is funded through the closing agent.

A profit and loss statement is prepared for each branch and distributed near the beginning of each month – reflecting activity for the previous month. The profit is available for distribution, through payroll, to the branch manager. The per loan fees are spelled out in the management agreement. These include an administration fee, an underwriting fee, and a monthly accounting fee.

What We Offer

In the ever-intensifying competition for loans, we're stepping up by consistently expanding our extensive array of loan products. Enabling more homebuyers translates to increased production opportunities, giving you more avenues for success.