Loan Originator - Outside Sales

Gold Star Mortgage Financial Group, Corporation; St. Louis (MO); On-site; USD 55,000 - 95,000; Full time

Job summary

A mortgage lending company is seeking a Loan Originator to join their team in St. Louis, MO. The role involves sourcing business through client meetings, providing expert advice on financial products, and ensuring excellent customer service throughout the mortgage process. Candidates should have a high school diploma or equivalent, with a preference for those holding an Associate’s degree, and at least three years of experience in mortgage lending. Exceptional communication and organization skills are critical for success in this fast-paced position.

Qualifications

• 3+ years of experience in mortgage lending with proven success in B2B sales.
• Strong attention to detail and excellent organizational skills are essential.
• Ability to perform well under pressure and manage time effectively.

Responsibilities

• Source business through meetings with realtors and financial planners.
• Consult with borrowers to assess their financial objectives.
• Negotiate loan rates and terms for consumers.
• Visit clients at closing to ensure smooth, compliant transactions.
• Negotiate loan rates and terms while applying borrower credit profiles to loan scenarios.
• Pre-qualify applicants by reviewing credit and financial data.

Skills

Customer service

Sales skills

Organizational skills

Communication skills

Education

High school or equivalent

Associate's degree preferred

Tools

Encompass

Job description

Position: Loan Originator - Outside Sales

Location: St. Louis, MO

Job Id: 1318

# of Openings: 1

MORTGAGE LOAN ORIGINATOR – OUTSIDE SALES

Position Title: Loan Originator (Outside Sales)

Title Grade: (I) Junior or (II) Senior

Reports to: Sales Manager or Branch Manager

Department: Sales

Status: Regular, Full-Time or Part Time

FLSA Status: Exempt

Pay Grade: Commission and/or Recoverable Draw Against Commission (DOE)

SUMMARY & PURPOSE OF POSITION

Mortgage Loan Originators (MLOs) serve as the foundation of Gold Star’s business.

The MLO will act as the face of Gold Star and our representative in the community. We seek banking professionals that have a passion to help others achieve security with safe and smart financial products, and demonstrate it through motivation, self-discipline, and customer service. Those who are willing to challenge themselves to develop alongside a dynamic, employee-first organization will find success at Gold Star. Excellence in this position will be achieved by providing personable, friendly service in the field.

PRIMARY POSITION-SPECIFIC RESPONSIBILITIES

• Source business via in-person meetings with realtors, financial planners, and other partners.
• Develop clientele base via lunch-and-learns, seminars, presentations, and open houses.
• Give group presentations to introduce new products and services.
• Visit clients at closing to ensure a smooth and compliant transaction.
• Determine the financial products that best meet the customer’s needs and financial circumstances, and provide advice on the advantages and disadvantages of different financial products.
• Negotiate loan rates and terms on behalf of the consumer, and apply the borrower’s unique credit profile to loan scenarios in order to provide financial options to the consumer.
• Consult with prospective borrowers to determine their financial objectives and goals, review/analyze credit and financial data, and pre-qualify applicants.
• Maintain an in-depth knowledge of highly technical and evolving underwriting/lending guidelines, investor regulations, and utilize specialized knowledge of loan products to interpret these guidelines to assist the borrower in his/her understanding.
• Present options and alternatives for various financial products that we offer, explain rates and terms in an easy to understand manner, and answer questions regarding the financing process.
• Monitor the loan’s process and work closely with processors, underwriters, and staff.
• Attend and complete all required training, maintain knowledge of all lending policies, procedures, guidelines, and regulations, and complete all licensing prerequisites and requirements.
• Provide unsurpassed customer service.
• Complete other duties as assigned.

PREFERRED EDUCATION/EXPERIENCE

• High school or equivalent required.
• An Associate’s degree from an accredited college preferred.
• At least three (3) years of experience in mortgage lending with demonstrated success in developing relationships by in-person B2B sale required.
• Verifiable track record of recent successful purchase and referral based sales volume.
• Must have exceptional attention to detail and strong organizational skills.
• Outstanding work ethic and time management skills.
• Perform exceptionally well under pressure.
• Possess strong oral and written communication skills.
• Prior experience with Encompass, a plus.

PHYSICAL DEMANDS/ENVIRONMENT

This position is customarily engaged in field work, and as such frequent travel will be common, though generally limited to a 50 mile radius from the employee’s base of operations. Rare lifting of up to 25lbs may be required.