Reverse Mortgage Loan Consultant

2 days ago


Tustin, California, United States New American Funding Full time
Reverse Mortgage Loan Consultant

At New American Funding, we are seeking a highly skilled and experienced Reverse Mortgage Loan Consultant to join our team. As a Reverse Mortgage Loan Consultant, you will be responsible for sourcing and generating leads to present the reverse mortgage loan opportunity to seniors. Your daily activities will include 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. Build Rapport and Leverage Relationships: Build rapport and leverage existing relationships with network and potential borrowers to help customers achieve their mortgage financing goals.
  2. Consult with Customers: 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 Quality and Marketability: Ensure each loan meets the customers' needs as well as quality and marketability standards of New American Funding.
  4. Manage Loan Origination Process: Understand the process of loan origination and manage the loan application process in conjunction with operational support staff.
  5. Input and Upload Application Information: Input and upload application and customers' information into loan origination software.
  6. Structure and Price Loans: Structure and price loans accurately and in accordance with NAF guidelines.
  7. Other Duties: Other duties may be assigned.
Desired Competencies:
  1. Reverse Loan Origination Experience: Two or more years full-time reverse loan origination experience.
  2. Problem-Solving Skills: Possess good judgment, problem-solving, and researching skills, and the ability to accept responsibility, complex situations, and handle confidential information.
  3. Loan Structuring and Pricing: Ability to structure and price loans.
  4. Licenses and Certifications: Active CA DBO and NMLS license. Obtain (4) active NMLS licenses.
  5. Communication and Relationship Building Skills: Excellent communication and relationship building skills.
  6. Mortgage Professional: Self-motivated, self-starting mortgage professional.
  7. Detail-Oriented: Detail-oriented with strong organizational and follow-through skills.
  8. Reverse Mortgage Loan Product Experience: Experience with reverse mortgage loan product.

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.



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