Outside Loan Originator

AnnieMac Home Mortgage; Rapid City (SD); On-site; USD 60,000 - 80,000; Full time

Job summary

AnnieMac Home Mortgage is actively seeking a full-time mortgage loan officer to sell mortgage loans primarily outside of their offices in Rapid City, South Dakota. The role includes generating new business, maintaining professional relationships, and guiding borrowers through the loan process.

The ideal candidate will be proactive in building connections in the real estate community and possess strong counseling skills to advise clients on mortgage options. This position is key in ensuring that customers receive comprehensive support from application through to closing.

Responsibilities

• Sell mortgage loans to customers outside AnnieMac Home Mortgage's locations.
• Build and maintain relationships with realtors and other professionals.
• Participate in mortgage sales and lead-generating activities.
• Fill out loan applications based on borrower information.
• Pre-qualify borrowers to assess maximum mortgage affordability.
• Advise borrowers on loan products and associated costs.
• Collect financial documents necessary for the application process.
• Provide disclosures like truth in lending and good faith estimates.
• Assist borrowers in resolving credit issues.
• Maintain communication with all parties throughout the process.

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.