Mortgage Loan Officer

Placements24; East London; Hybrid; ZAR 350,000 - 550,000; Full time

Benefits offered by this job

Hybrid work environment

Competitive base salary + commission

Health, dental, and vision insurance

Retirement savings plan

Job summary

Placements24 in East London is seeking a motivated Mortgage Loan Officer to help clients secure mortgage financing. You will guide applicants through the process, assess creditworthiness, and ensure compliance with lending regulations.

The role offers a hybrid work setup, a base salary with commission, and opportunities to develop in the East London financial services market.

Qualifications

• 3+ years of mortgage loan officer or similar sales experience.
• Current NMLS certification or equivalent is required.
• Strong knowledge of mortgage lending principles and regulations.

Responsibilities

• Generate new mortgage loan applications through networking, prospecting, and referrals.
• Advise borrowers on loan programs and terms.
• Guide clients through the mortgage application process from submission to closing.
• Ensure all loan documentation is accurate and compliant with regulations.
• Maintain relationships with clients, real estate agents, and builders.
• Stay updated on mortgage market trends and company offerings.

Skills

Sales targets

Customer service

Communication

Interpersonal skills

Mortgage lending knowledge

Regulatory understanding

Loan products knowledge

Education

Bachelor's degree in Finance/Business or related field

Job description

About the Role

Our client is looking for a motivated and customer-focused Mortgage Loan Officer to join their team in East London . This role involves assisting clients in obtaining mortgage financing, guiding them through the application process, and ensuring compliance with all lending regulations. You will build relationships with clients, real estate agents, and brokers to generate new loan business. This position offers a rewarding career in the financial sector, contributing to helping individuals achieve homeownership in the Eastern Cape region.

Key Responsibilities

• Generate new mortgage loan applications through networking, prospecting, and referrals.
• Advise potential borrowers on loan programs and terms that best suit their financial needs.
• Guide clients through the entire mortgage application process, from submission to closing.
• Ensure all loan documentation is accurate, complete, and compliant with regulations.
• Maintain strong relationships with clients, real estate agents, and builders.
• Stay updated on mortgage market trends, industry regulations, and company product offerings.

Requirements

• High school diploma or equivalent; Bachelor's degree in Finance, Business, or a related field is preferred.
• Minimum of 3 years of experience as a Mortgage Loan Officer or in a similar sales role within the financial services industry.
• Current NMLS (Nationwide Multistate Licensing System) or equivalent certification is required.
• Proven track record of meeting or exceeding sales goals.
• Strong understanding of mortgage lending principles, regulations, and loan products.
• Excellent communication, interpersonal, and customer service skills.

Benefits

• Competitive base salary plus commission structure.
• Comprehensive health, dental, and vision insurance.
• Retirement savings plan options.
• Hybrid work environment supporting flexibility.
• Supportive team and opportunities for professional growth in East London .