Mortgage Advisor

Weichert Co.; Northern (KY); Hybrid; USD 33,000 - 70,000; Full time

Job summary

Weichert Financial Services in Ocean County, NJ seeks a Mortgage Advisor who partners with Realtors and referral networks to originate residential loans. This role goes beyond loan origination, engaging clients from prequalification through closing and collaborating with the Office Manager to convert leads.

The ideal candidate has 1–3 years of retail mortgage origination, a state loan originator license, strong communication and math skills, and proficiency in MS Office.

Qualifications

• High school diploma or GED.
• State loan originator license(s) required for states of origination.
• 1–3 years of retail mortgage loan origination experience preferred.
• Ability to determine rate quotes and maximum qualifications per investor guidelines.
• Ability to apply investor guidelines to sales situations and recommend suitable products.
• Excellent problem-solving and communication skills.

Responsibilities

• Develops relationships with customers, realtors, builders, attorneys, and referral partners.
• Leverages personal network to generate leads and follows up on leads from company sources.
• Issues fully assessed pre-approvals including income, credit, and property standards.
• Provides needs analysis and accurate rate quotes for each program.
• Submits complete mortgage loan applications for underwriting consideration.
• Keeps abreast of market changes affecting loan products.
• Communicates with all participants during loan origination and closing.
• Ensures compliance with federal/state laws, company policies, and investor guidelines.
• Updates lead portals, CRM, and tracking software regularly.
• Performs other duties as assigned.

Skills

Communication skills

Presentation skills

Multitasking

Customer service

Math skills

Office equipment

Education

High school diploma or GED

State loan originator license

Tools

Microsoft Office

Job description

Weichert Financial Services is hiring a Mortgage Advisor in Ocean County, NJ. Established in 1980 to offer real estate-related financial assistance to the customers of Weichert, Realtors, Weichert Financial Services has a unique opportunity for a Mortgage Advisor to as they help our clients achieve the American Dream of Homeownership. Our Mortgage Advisors are more than loan originators -- they are on the front lines of the real estate process. We not only provide access to leads from various sources, but also the ability to meet agents and referral partners outside our real estate offices. Work for a premier name in real estate that gives you access to best-in-class technology and a wide range of mortgage programs.

The Mortgage Advisor is responsible for representing the Company and originating residential mortgage loans within a designated Weichert sales office. The position develops and maintains existing customer relationships, as well as identifies new customer opportunities from various channels. Working with our Realtor partners, our mortgage advisor prequalifies prospects, issues pre-approvals, stays in contact with customers during the home search process, and works closely with customers until they close their transaction. In addition, the position partners closely with their Office Manager to convert leads and add value to our Sales Associates.

Job responsibilities include, but are not limited to, the following:

• Develops relationships with new and current customers, as well as realtors, builders, attorneys, and referral partners. This includes Weichert Realtors, as well as the Realtor Community outside of the Weichert office.
• Leverages their personal sphere to generate leads, as well as proactively following up on leads from various sources provided by the Company.
• Issues fully assessed pre-approvals which includes all facets of the qualification process, from income and credit to property standards.
• Provides a complete needs analysis for each prospect, fitting them for the most suitable program for their needs and providing accurate rate quotes and rate options for each program.
• Submits complete and accurate mortgage loan applications that provide all of the information needed to make an underwriting decision.
• Stays abreast of changes in market conditions that affect the Company's many loan products.
• Communicates regularly with all participants during the loan origination process, keeping them updated on the status.
• Provides excellent customer service at all times and provides solutions for customer concerns.
• Promotes collaborative atmosphere with representatives of the Weichert Team. Stays up-to-speed on availability of all products and provides customers with contact information of the appropriate Weichert product representative.
• Ensures full compliance with all applicable federal and state law and regulations, all Company policies and procedures, and all applicable investor guidelines, including maintaining all mortgage loan origination licensing and continuing education requirements.
• Updates lead portals, the CRM and other tracking software on a regular basis.
• Performs other duties as assigned.

Requirements

The ideal candidate will meet the following requirements:

• High school diploma or GED
• Individual state loan originator license(s) required for specific states in which employee engages in any mortgage loan origination activity
• At least one (1) to three (3) years of retail mortgage loan origination experience preferred
• General financial sales, real estate or mortgage operations experience may be substituted for part of the required mortgage loan origination experience
• Ability to determine appropriate interest rate quotes to customer and to determine maximum qualification amounts based on investor guidelines
• Ability to apply investor guidelines to specific sales situations and use discretion and judgment to recommend the most appropriate products to customers based on qualifications and needs identified by customer analysis
• Ability to set goals and divide processes into timelines
• Excellent problem-solving skills are essential
• Proficiency in Microsoft Office suite of products and ability to quickly gain proficiency in the Company's proprietary mortgage software products
• Excellent oral and written communications skills
• Ability to conduct presentations and hold one-on-one meetings
• Ability to multitask in a fast-paced environment
• Superior customer services skills with a strong attention to detail
• Exceptional math skills including addition, subtraction, multiplication, division, percentages, and fractions
• Knowledge and ability to use typical office equipment (PC, calculator, fax machine, etc.)

In addition to a base salary up to $33,113.60, this position offers a competitive commission structure. The rate of pay offered will be dependent upon several factors including candidate's relevant skills, education, work experience, job location/geographic region, and/or certifications. Weichert offers a comprehensive suite of benefits to all eligible employees, including medical, dental, and vision insurance, life and disability coverage, 401(k) retirement savings, Paid Time Off (PTO), Flexible Spending Accounts (FSA), and much more.

Weichert is an equal opportunity employer. We are committed to non-discrimination on any protected basis, such as disability and veteran status, or any other basis covered under applicable law.

Location

NJ Mortgage Access Corp-NJ04-Long Beach Island

Area of Interest

Mortgage

Job Type

Full-time