Reverse Mortgage Loan Officer

Position: Reverse Mortgage Loan Consultant

Position Summary:

Reverse Mortgage Loan Consultants source and generate leads to present the reverse mortgage loan opportunity. Daily activities will include but are not limited to meeting with seniors to advise them on how the financial products may meet their needs, and building a professional referral network.

Duties and Responsibilities:

1. Builds rapport and leverages existing relationships with network and potential borrowers with the goal of helping customers achieve their mortgage financing goals.
2. Consult with customers and analyze their financial situations to provide the appropriate solution and advice as to the best loan product for each customer.
3. Ensure each loan meets the customer's needs as well as quality and marketability standards of New American Funding.
4. Understand the process of loan origination and manage the loan application process in conjunction with operational support staff.
5. Input and upload application and customer's information into loan origination software.
6. Structure and price loans accurately and in accordance with NAF guidelines.
7. Other duties may be assigned.

Desired Competencies:

1. Two or more years' full time reverse loan origination experience.
2. Possess good judgment, problem solving and researching skills, and the ability to accept responsibility, complex situations and handle confidential information.
3. Ability to structure and price loans.
4. Active CA DBO and NMLS license.
5. Obtain (4) active NMLS licenses.
6. Excellent communication and relationship building skills.
7. Self-motivated, self-starting mortgage professional.
8. Detail oriented with strong organizational and follow through skills.
9. Experience with reverse mortgage loan product

Desired Education/Experience:

1. High school diploma or general education degree (GED); two or more years' full time reverse loan origination experience in local market.
2. Proven results as a loan originator and successful track record of strong production.

Other Duties: This job may require frequent sitting or standing for long periods of time. This job profile is not intended to be an all-inclusive list of job duties and responsibilities, as one may perform additional related duties as assigned in order to meet the needs of the organization.