Mortgage Loan Business Development Associate
2 days ago
As a leading provider of mortgage loan services, we are seeking a highly skilled and experienced Mortgage Loan Business Development Associate to join our team. With a strong focus on customer satisfaction and business growth, we offer a unique opportunity for motivated individuals to succeed in the mortgage industry.
Compensation:$80,000 - $120,000 per year
Job Description:
Our ideal candidate will have a proven track record of success in loan origination, processing, or underwriting, with excellent communication and interpersonal skills. They will be responsible for building and maintaining relationships with borrowers, referral partners, and internal stakeholders, ensuring seamless transaction execution and exceptional customer service.
Responsibilities:
- Liaise between clients, referral partners, and loan officers to coordinate loan applications and facilitate the collection of documentation.
- Facilitate the completion of loan applications, coordinate the collection of documentation, including credit reports, and prepare files for processing.
- Build and maintain relationships with borrowers and referral partners to attract new customers and retain existing ones.
- Respond to inquiries regarding transactions and provide quotes to offer exceptional customer service.
- Verify each document in the loan package for omissions, discrepancies, and inaccurate income calculations, and promptly notify the loan originator of any errors.
Qualifications:
- Current NMLS license or willingness to obtain within 90 days.
- Understanding of automated underwriting systems such as DU and LP.
- In-depth knowledge of mortgage loan products (FHA/VA/CONV/USDA) and processes, procedures, and documentation.
- Minimum 2 years of experience as a LOA/Loan Partner, Processor, Loan Officer, and/or Underwriter required; 5+ years preferred.
- Ability to analyze credit reports, income, and asset documents, and structure loans properly in various ways.
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