Mortgage Loan Officer

Placements24; Paarl; On-site; ZAR 360,000 - 540,000; Full time

Benefits offered by this job

Competitive salary with commission and

Bonus structure based on performance

Medical aid and retirement fund

Ongoing training and development

Lead generation programs

Job summary

Placements24 is recruiting a Mortgage Loan Officer in Paarl, Western Cape. You will originate and guide clients through the mortgage process from application to closing, maintaining strong client relationships and ensuring compliance with lending policies.

The ideal candidate has 2–3 years in mortgage sales, excellent communication and negotiation skills, and knowledge of SA lending regulations. A relevant degree and experience with Calyx Point or Encompass are preferred.

Qualifications

• 2–3 years of experience as a Mortgage Loan Officer or in a similar sales role within the financial services industry.
• Proven track record of meeting or exceeding loan origination targets.
• Thorough understanding of mortgage lending principles, loan products, and underwriting guidelines.
• Knowledge of South African financial regulations (e.g., National Credit Act).
• Excellent sales, negotiation, and customer service skills.

Responsibilities

• Generate new mortgage loan applications through networking, client referrals, and marketing efforts.
• Interview prospective borrowers to assess their financial qualifications and understand their borrowing needs.
• Advise clients on the various mortgage products and programs available.
• Guide borrowers through the entire loan application process, including collecting necessary documentation.
• Analyze borrower credit and financial information to determine loan feasibility.
• Ensure compliance with all lending policies, procedures, and regulatory requirements.
• Work closely with underwriters, processors, and closing agents to ensure timely loan closing.
• Maintain up-to-date knowledge of mortgage market trends, interest rates, and competitor offerings.
• Build and maintain strong relationships with real estate agents, builders, and other referral sources.
• Provide exceptional customer service throughout the loan process and beyond.

Skills

Sales skills

Customer service

Communication

Negotiation

Organizational skills

Education

Bachelor's degree in Finance or Business

Tools

Calyx Point

Encompass

MS Office

Job description

About the Role Our client, a reputable mortgage lending institution in Paarl, Western Cape , is actively recruiting for a dynamic and experienced Mortgage Loan Officer. This role is crucial in assisting clients with their home financing needs, guiding them through the mortgage application process from origination to closing. The ideal candidate will possess strong sales acumen, excellent customer service skills, and a thorough understanding of mortgage products and regulations within the Banking & Finance industry. This is a fantastic opportunity to join a well-respected firm in Paarl, Western Cape and make a significant impact by helping individuals and families achieve their dream of homeownership. You will work in a supportive environment, leveraging the company's resources to provide competitive mortgage solutions. We are looking for a motivated professional who is passionate about real estate and finance, and committed to providing exceptional client experiences. Your expertise in navigating the complexities of mortgage lending will be highly valued.

Key Responsibilities

• Generate new mortgage loan applications through networking, client referrals, and marketing efforts.
• Interview prospective borrowers to assess their financial qualifications and understand their borrowing needs.
• Advise clients on the various mortgage products and programs available.
• Guide borrowers through the entire loan application process, including collecting necessary documentation.
• Analyze borrower credit and financial information to determine loan feasibility.
• Ensure compliance with all lending policies, procedures, and regulatory requirements.
• Work closely with underwriters, processors, and closing agents to ensure timely loan closing.
• Maintain up-to-date knowledge of mortgage market trends, interest rates, and competitor offerings.
• Build and maintain strong relationships with real estate agents, builders, and other referral sources.
• Provide exceptional customer service throughout the loan process and beyond.

Requirements

• High school diploma or equivalent required; a Bachelor's degree in Finance, Business, or a related field is preferred.
• Minimum of 2-3 years of experience as a Mortgage Loan Officer or in a similar sales role within the financial services industry.
• Proven track record of meeting or exceeding loan origination targets.
• Thorough understanding of mortgage lending principles, loan products, and underwriting guidelines.
• Knowledge of relevant South African financial regulations (e.g., National Credit Act).
• Excellent sales, negotiation, and customer service skills.
• Strong organizational skills and attention to detail.
• Proficiency in mortgage origination software (e.g., Calyx Point, Encompass) and MS Office.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Familiarity with the Paarl, Western Cape market is beneficial.

Benefits

• Competitive salary with a lucrative commission and bonus structure based on performance.
• Comprehensive medical aid and retirement fund benefits.
• Ongoing training and professional development opportunities.
• Opportunity to work with a leading lender in the Banking & Finance sector.
• Supportive team environment with access to experienced mentors.
• Work in the scenic Paarl, Western Cape region.
• Opportunities for career growth and advancement.
• Employee assistance program.
• Annual performance bonuses.
• Company-sponsored lead generation programs.