Loan Officer

E Mortgage Capital, Inc. NMLS# 1416824; Newport Beach (CA); On-site; USD 70,000 - 110,000; Full time

Job summary

E Mortgage Capital, Inc. in Newport Beach seeks a Mortgage Loan Officer to guide clients through loan origination, from application to closing, ensuring compliance with industry standards.

You will analyze credit, verify income, and explain loan options while collaborating with underwriters and processors to deliver tailored mortgage solutions.

Qualifications

• Experience as a Loan Officer or in retail lending in financial services.
• Strong negotiation and excellent customer service abilities.
• Knowledge of mortgage lending regulations and compliance.
• Ability to analyze credit reports and perform underwriting tasks.
• Skill in managing multiple client accounts and relationships.
• Familiarity with mortgage servicing processes and loan processing steps.
• Strong communication for client interaction and collaboration with teams.

Responsibilities

• Assist clients in understanding mortgage products and loan options with clear explanations.
• Evaluate borrower information through income verification and credit analysis.
• Conduct underwriting reviews to determine loan eligibility per FNMA guidelines.
• Negotiate terms with clients and partners to secure favorable loan conditions.
• Process loan applications using mortgage and accounting software and maintain records.
• Collaborate with underwriters, processors, and team members to close loans.
• Build client relationships and provide tailored mortgage solutions.

Skills

Loan experience

Negotiation

Credit analysis

Regulatory knowledge

Underwriting

Client relations

Mortgage servicing knowledge

Communication

Tools

Mortgage LOS

Quicken

Financial software

Job description

We are seeking a dynamic and dedicated Mortgage Loan Officer to join our financial services team. In this role, you will be the key point of contact for clients seeking mortgage financing, guiding them through the loan origination process with professionalism and enthusiasm. Your expertise will help clients navigate complex loan options, ensuring compliance with industry regulations while delivering exceptional customer service. This position offers an exciting opportunity to build lasting relationships, promote responsible lending practices, and contribute to the growth of our mortgage lending division.

Responsibilities

• Assist clients in understanding mortgage products and loan options by providing clear, detailed explanations aligned with Fair Housing regulations and industry standards.
• Evaluate borrower financial information through credit analysis, income verification, and debt-to-income ratio assessments using Mortgage Servicing and Loan Origination Systems (LOS).
• Conduct thorough underwriting reviews to determine loan eligibility, ensuring compliance with FNMA (Fannie Mae) guidelines and other regulatory requirements such as TILA (Truth in Lending Act).
• Negotiate terms with clients and third-party partners to secure favorable loan conditions while adhering to all banking regulatory compliance standards.
• Process loan applications efficiently by utilizing mortgage software and accounting software, maintaining accurate records of all client interactions and documentation.
• Collaborate with underwriters, processors, and other team members to facilitate smooth loan processing from application to closing.
• Build strong client relationships through effective communication, understanding their financial goals, and providing tailored mortgage solutions that meet their needs.

Skills

• 1 year proven experience as a Loan Officer or in retail lending within the financial services industry.
• Strong negotiation skills combined with excellent customer service abilities to foster trust and loyalty.
• Proficiency in Mortgage Loan Origination Systems (LOS), Quicken or similar financial software, and basic math skills for credit analysis and risk assessment.
• In-depth knowledge of mortgage lending regulations including FNMA standards, TILA, Fair Housing laws, and banking compliance protocols.
• Ability to analyze credit reports, perform underwriting tasks, and evaluate commercial or residential lending scenarios with attention to detail.
• Effective relationship-building skills in financial sales environments; capable of managing multiple client accounts simultaneously.
• Familiarity with mortgage servicing processes, loan processing steps, contracts management, and industry-specific accounting practices.
• Strong communication skills for client interaction, contract explanation, and collaboration with internal teams.