Outside Loan Originator

AnnieMac Home Mortgage; Newton (MA); On-site; USD 50,000 - 80,000; Full time

Job summary

AnnieMac Home Mortgage in Newton, Massachusetts is seeking a Full-Time Mortgage Sales Professional. The role involves selling mortgage loans primarily outside of company locations, generating new business through relationships with realtors and other professionals.

The ideal candidate will possess strong analytical skills, sales experience, and the ability to guide borrowers through the financing process. Responsibilities also include maintaining regular communication with borrowers and managing documentation through the application process.

Qualifications

• Experience in sales, preferably in the mortgage industry.
• Ability to build and maintain relationships with clients and professionals.
• Strong analytical skills to assess borrower financial situations.

Responsibilities

• Sell mortgage loans to customers outside company premises.
• Participate in closings, open houses, and seminars to generate leads.
• Maintain contact with borrowers throughout the application process.

Skills

Relationship building

Sales skills

Mortgage knowledge

Analytical skills

Counseling abilities

Education

High School Diploma or equivalent

Job description

Job Overview

AnnieMac Home Mortgage is looking to hire Full Time.

Responsibilities

• Primary duty is to sell mortgage loans to customers away from and outside of AnnieMac Home Mortgages places of business. Work done at AnnieMac Home Mortgages offices is related and supplemental to outside sales.
• Generate new business by building and maintaining relationships with realtors, real estate agents, title and escrow officers, financial advisers, CPAs, and other relevant professionals.
• Regularly participate in mortgage sales including, but not limited to, attending closings and open houses, and conducting seminars and other lead-generating activities.
• Take information from the borrower and fill out the loan application.
• Develop relationships with referral partners such as realtors to generate new customers.
• Analyze the prospective borrowers income and debt and pre-qualify the prospective borrower to determine the maximum mortgage that the prospective borrower can afford.
• Counsel the prospective borrower in the home buying and financing process, advising the borrower about the different types of loan products available, and demonstrating how closing costs and monthly payments would vary under each product.
• Collect financial information (tax returns, bank statements) and other related documents that are part of the application process;
• Provide disclosures to the borrower, including truth in lending, good faith estimate, and others.
• Counsel and advise the borrower in understanding and clearing credit problems.
• Maintain regular contact with the borrower, realtors, and the lender, between application and closing to apprise them of the status of the application and to gather any additional information as needed.