Loan Officer University Training for New and Aspiring Loan Officers

Summit Funding; Kentucky; Remote; USD 150,000 - 500,000; Full time

Job summary

A mortgage company is looking for candidates to join their Loan Officer training program. Graduates will have the opportunity to earn up to $500K per year as Loan Officers. The program is self-paced and includes comprehensive training in mortgage sales. Applicants need to possess an NMLS license to qualify for employment. This position is mainly remote, with some location constraints based on state licensing requirements.

Qualifications

• Graduated from Loan Officer University.
• Must be currently licensed with NMLS.

Responsibilities

• Originating and closing residential home loans.
• Developing relationships with realtors and homebuilders.

Job description

Overview

Launch your Career in Mortgage Sales – Free Loan Officer Training!

Are you ready to kickstart your career as a Loan Officer? Increase your earning potential up to $500K or more. Loan Officers have the potential to earn $150-$500K per year. Apply now for our FREE 16 week training program today. Seats are limited for this self-paced course. Top graduates will be considered for full-time Loan Officer positions with Summit Funding upon successful completion of the program. Once hired, our Loan Officers receive top tier support that includes appointment setters and a full time marketing team. Don’t miss out, apply today!

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What is Loan Officer University?

Loan Officer University is a comprehensive 16-week self-paced training program designed to teach you the fundamentals of mortgage sales. With 10 hours of prerecorded instruction per week, you'll learn from industry experts—including Todd Scrima—about key aspects of the mortgage industry, how to generate leads using proven sales strategies, and how to thrive and grow your wealth in a commission-based environment.

If you're a self-driven, competitive, and sales-focused individual ready to start a career with the potential to earn a 6-figure salary by your second year, click I\'m interested to get more details on the training program and learn about the process for consideration and acceptance.

Please note: This is a training program, not an immediate job offer. Completing the course doesn’t guarantee a job, but it will qualify you to work as a mortgage loan officer and interview for a Loan Officer position with Summit Funding.

Watch a short 4 minute video explaining LOU in more detail: Introducing Loan Officer University.

What our Loan Officers are responsible for

• Fostering a culture of collaboration, trust, support, and best-in-class service
• Originating and closing residential home loans and serving as subject matter expert on the mortgage process
• Developing long-term relationships with realtors, homebuilders, and other self-generated purchase-focused referral sources through daily, weekly, and monthly touches

Qualifications

• Loan Officer University Graduate
• Must be currently licensed with NMLS to be hired

Candidates who are successful in completing and passing the LOU Program will then be invited to apply for current open LO opportunities.

This position is offered (with some exceptions) as a fully remote opportunity; however, applicants must reside in, and be currently authorized to work in the United States on a full-time basis to be eligible for hire. Summit Funding currently does not sponsor applicants for work visas. Summit Funding is not currently licensed and/or able to originate and do business in the state of New York. Some states do not allow licensing your home. These states are Alabama, Nevada and North Carolina. If you reside in one of these states you would need to work in an existing branch location to be employed as an LO with Summit Funding. Review our branch locator page to see if there is a branch in your area. Summit Funding Branch Locations and Loan Officers - Find a Summit Branch Location Near You.

Some limitations and restrictions may exist for Candidates residing within 50 miles of a current Summit Funding Branch. Email [e-mail] with questions.

Compensation

If you complete the program and are hired as an LO, compensation will be a combination of minimum wage and commissions for each loan closed. Wages are a factor of your total commission rate and are not paid in addition to earned commissions. The commission rate ranges between 50 to 150 basis points per loan depending on position, experience, and location.

Additional Information

All your information will be kept confidential according to EEO guidelines.