Mortgage Loan Officer

Open House Lending Corporation; Maryland; Hybrid; USD 65,000 - 110,000; Full time

Benefits offered by this job

Warm leads

Unlimited earnings potential

Leadership opportunities

Job summary

Open House Lending Corporation in Maryland is seeking a motivated Mortgage Loan Originator (MLO) with a strong sales background and a current book of business to join our team. You will manage an established book of business, work with clients, real estate agents, and builders, and originate residential loans, including new construction loans.

This role blends in-office and field work, with warm leads and a compensation structure designed for growth.

Qualifications

• Active Mortgage Loan Originator (MLO) license required.
• 3+ years of sales experience in real estate, mortgage, or finance preferred.
• Proven ability to self-source leads and drive business growth.
• Strong communication and relationship-building skills.
• Ability to work independently and collaboratively within a team.
• Willingness to work in the office and in the field to maximize opportunities.

Responsibilities

• Originates residential mortgage loans through various referral sources.
• Develops relationships with real estate professionals, builders, and other referral sources to build a book of business.
• Interviews applicants to gather financial and credit data and determine financing objectives.
• Reviews and processes loan proposals; closes and administers loans.
• Maintains database and monitors loan performance; analyzes markets to develop prospects.

Skills

Sales experience

Communication

Relationship-building

Independent work

Office and field work

Education

Active MLO license

Job description

Job Description

We are seeking a motivated and experienced Mortgage Loan Originator (MLO) to join our team. The ideal candidate will have a strong sales background in mortgage origination, a book of current business, along with the ability to manage an established book of business. This role offers a unique opportunity to work bothin the office and in the field, engaging with clients, general sales agents, and new construction agents. If you love real estate and want to work on new construction loans, this may be the position for you.

Key Responsibilities:

• Developing new mortgage origination business, maintaining a current knowledge of applicable laws and regulations, and providing the documentation required within the operations department.
  Duties and Responsibilities include but are not limited to:
  Originates residential mortgage loans through various referral sources. Develops relationships with real estate professionals, builders, and other business referral sources to maintain a quality network and establish a book of business for new mortgage lending opportunities.
  Conducts interviews with prospective borrowers to analyze financial and credit data, determines customer financing objectives, advises customer on product/pricing policies and guidelines, and gathers any additional required information.
  Participates in business related development opportunities, and community efforts to promote homeownership. Develops and executes marketing plan based on monthly and quarterly production standards.
  This position requires you to act as a MLO Mortgage Loan Originator which is defined as an individual who takes loan applications, and /or offers or negotiates the terms of a loan for compensation or gain. All Mortgage Loan Originators ( MLO ) are required to register with the Nationwide Mortgage Licensing System and Registry ( NMLS ), obtain a unique identifier, and annually renew the registration, as defined by the S.A.F.E. Act requirements.
  Maintains a current knowledge of mortgage lending laws and regulations and adheres to all state and federal laws and regulations.
  Cooperates with & participates in, and supports the adherence to all internal policies, procedures & practices in support of risk management and overall safety and soundness.
  Responds to inquiries from customers, management and co-workers within a reasonable time period.
  Represents Open House Lending Corp in a positive professional manner by keeping all members of each deal informed, good or bad, and taking the extra initiative to meet the clients’ need Qualifications Requirements
• Reviews, processes, closes and administers loan proposals.
• Interviews applicants and requests specified information for loan applications.
• Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting a loan.
• Resolve questions regarding application information.
• Approves loan within specified time limits or refers loan to a committee for approval.
• Ensures loan agreements are complete and accurate according to policy.
• Maintains database and monitors performance of loans.
• Analyzes potential loan markets to develop prospects for loans.
• *The company reserves the right to add or change duties at any time.

Qualifications:

• Active Mortgage Loan Originator (MLO) License (Required).
• 3+ years of sales experience in real estate, mortgage, or finance (Preferred).
• Proven ability to self-source leads and drive business growth.
• Strong communication and relationship-building skills.
• Ability to work both independently and collaboratively within a team.
• Willingness to work in the office and in the field to maximize business opportunities.
• Current book of business (from realtors, home improvements, attorneys, builders etc)

What is in It for You?

• Warm leads
• Competitive compensation structure with unlimited earning potential.
• Opportunities for leadership and career advancement as we grow.
• Access to a wide range o