Loan Officer

West Capital Lending; Santa Barbara (CA); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Access to live leads

Full support from in-house teams

Opportunity for high commissions

Job summary

A financial services firm is seeking a Loan Officer to assess loan applications and guide clients through the loan process. This full-time position offers a commission-based compensation package with access to a supportive team and various lenders. Candidates must have a Loan Officer license and at least one year of relevant experience. Strong interpersonal and communication skills are essential.

Qualifications

• Minimum 1 year of experience as a Loan Officer or similar role.
• Current Loan Officer license (NMLS) required.
• Strong understanding of loan products and industry compliance.
• Strong understanding of loan products, underwriting, and industry compliance.
• Excellent interpersonal and communication skills.
• Ability to assess financial data and determine creditworthiness.
• Proficiency in Microsoft Office Suite and loan processing software.
• Highly organized and detail-oriented with the ability to manage multiple priorities.

Responsibilities

• Assess loan applications and recommend appropriate loan products.
• Guide clients through the loan process, ensuring a smooth experience.
• Collaborate with underwriters and support teams for timely approvals.
• Verify documentation and ensure compliance with all regulations.
• Collaborate with underwriters, processors, and support teams to drive timely approvals.
• Maintain detailed knowledge of lending guidelines, market conditions, and regulations.
• Build and maintain strong client relationships to ensure satisfaction and referral business.
• Meet and exceed individual and team sales goals.

Skills

Loan products knowledge

Interpersonal skills

Communication skills

Attention to detail

Organizational skills

MS Office

Multitasking

Education

Loan Officer license (NMLS)

1 year of experience in financial services

Tools

Microsoft Office Suite

Loan processing software

Job description

What We Offer

• Leads: Access to 50+ live transfers and 5+ exclusive leads daily
• Compensation: Take-home commission up to 275 bps per closed loan
• Support: Full backing from an in-house manager and in-house processing team to ensure 100% support throughout the loan process
• Work with 150 different lenders, with access to the top rate sheets from day one

Key Responsibilities

• Assess loan applications by reviewing credit reports, financial documents, and client goals
• Recommend appropriate loan products based on client eligibility and financial situation
• Guide clients through the entire loan process, ensuring a smooth and informed experience
• Verify documentation and ensure compliance with all regulations
• Collaborate with underwriters, processors, and support teams to drive timely approvals
• Maintain detailed knowledge of lending guidelines, market conditions, and regulations
• Build and maintain strong client relationships to ensure satisfaction and referral business
• Meet and exceed individual and team sales goals

Requirements

• Minimum 1 year of experience as a Loan Officer or similar role in financial services
• Current Loan Officer license (NMLS)
• Strong understanding of loan products, underwriting, and industry compliance
• Excellent interpersonal and communication skills
• Ability to assess financial data and determine creditworthiness
• Proficiency in Microsoft Office Suite and loan processing software
• Highly organized and detail-oriented with the ability to manage multiple priorities

Equal Opportunity Statement

West Capital Lending is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Seniority level

• Associate

Employment type

• Full-time

Job function

• Finance