Loan Officer

Your Home Financial; Westlake (OH); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Paid Time Off (15 days initially)

Health insurance

401(k) with match

Engagement activities

Job summary

A leading financial services firm in Ohio is seeking a Senior Loan Officer to develop business relationships and oversee the loan process. The role requires an active MLO license and at least 3 years of lending experience. The ideal candidate will have strong negotiation skills and a commitment to customer satisfaction. Benefits include generous paid time off and comprehensive insurance coverage.

Qualifications

• Active state MLO license in all states of operation.
• At least 3 years of lending origination experience.
• Strong knowledge of local real estate markets.

Responsibilities

• Develop and utilize a network for mortgage loan business development.
• Manage and market to a database of customer contacts.
• Educate potential borrowers about products and services.

Skills

Negotiation skills

Customer service skills

Communication skills

Sales skills

Education

High school diploma or GED

Active state MLO license

Tools

PowerPoint

Excel

Word

Lotus Notes

Job description

Join to apply for the Senior Loan Officer role at Your Home Financial.

At Your Home Financial, we pride ourselves on our superior, one-on-one service. Our high customer satisfaction scores validate our commitment to delivering value to our customers, ensuring you receive undivided attention, prompt callbacks, and immediate issue resolution.

Primary Function

The Senior Loan Officer's primary role is to sell loan products offered by NewRez. This includes contacting prospective clients, developing and maintaining referral sources, and meeting with clients at various locations including their homes. You will also make in-person calls on real estate agents, financial advisors, and other potential referral sources to generate borrower leads.

Principal Duties

• Develop and utilize a network for mortgage loan business development.
• Manage and market to a database of customer contacts.
• Educate potential borrowers and referral sources about our products and services; deliver presentations as needed.
• Complete loan applications and communicate with applicants to gather necessary information.
• Assess financial conditions and risks, ensuring compliance with all lending policies and regulations.
• Negotiate loan rates, terms, and conditions.
• Ensure timely loan lock-in and proper product type selection.
• Collect upfront fees and coordinate the loan process with processing centers.
• Input loans into AUS systems like DU or LP for underwriting decisions.
• Address issues related to processing, underwriting, and closing of loans.
• Maintain knowledge of industry trends, market conditions, and competitors.
• Represent the company at community and civic events to enhance its image and generate business.
• Apply sound decision-making in all applicant interactions, ensuring compliance and quality.
• Maintain compliance on all loan files and pipelines.
• Perform other duties as assigned.

Education and Experience Requirements

• Active state MLO license in all states of operation.
• High school diploma or GED minimum.
• At least 3 years of lending origination experience.
• Proficiency in PC skills including PowerPoint, Excel, Word, and Lotus Notes.
• Strong knowledge of local real estate markets.

Knowledge, Skills, and Abilities

• Ability to plan, anticipate problems, and identify risks.
• Effective negotiation and customer service skills.
• Strong communication, relationship-building, and conflict resolution abilities.
• Proven sales skills and ability to influence and motivate others.
• Resilience and a positive attitude under adversity.
• Commitment to customer satisfaction and continuous learning.

Note: This description reflects the current role requirements but is not exhaustive. Management may modify duties as necessary.

Company Perks and Benefits

• Paid Time Off (15 days initially, 18 after 1 year), 9 holidays, casual environment, engagement activities.
• Health, dental, vision, life, disability insurance, 401(k) with match, pet insurance, and advancement opportunities.

Community and CSR Initiatives

• Volunteer Time Off, employee matching gifts, and grants programs to support community involvement.

Equal Opportunity Statement

We celebrate diversity and are committed to an inclusive environment for all employees.

Job Details

• Level: Mid-Senior
• Type: Full-time
• Functions: Finance and Sales

This job posting is active; no indication of it being expired.