Loan Officer (Pasadena, CA)

Loan Officer

Excellent opportunity to grow with a national top-rated financial mortgage firm. This is an entry-level loan officer position with a 6 to 9 month training period depending upon experience. The selected applicant may work remotely but must be licensed in the state where you re doing business. During the training period the selected candidate will shadow senior loan officers and refer loan applications. Once training is completed the duties are expanded to include the full tasks and responsibilities of the loan officer position. Upon completion of training the position will NOT involve any solicitation of borrowers. Loan Officer Job Responsibilities Advises clients about the risks consequences and benefits of alternative lending solutions. Develops loan applications by evaluating applicant information and documentation. Consults with clients about their lending needs to help them achieve their financial goals including the collection and analysis of information about the client s financial situation. Evaluates loan applications and documentation by informing applicant of additional requirements. Rejects loans by explaining deficiencies to applicants. Schedules and tracks closing dates contingency dates and loan lock expirations. Approves loans by issuing checks or forwarding applications to loan committee. Completes loan contracts by explaining provisions to applicant obtaining signatures and notarizations and collecting fees. Prepares and submits timely and accurate loan files. Uses state of the art technology to manage loan pipeline and conduct credit and underwriting analysis. Updates job knowledge by participating in educational opportunities reading professional publications maintaining professional networks and participating in professional organizations. Helps customers by answering questions and responding to requests. Maintains customer confidence by keeping loan information confidential. Accomplishes bank mission by completing related results as needed. Work Hours & Benefits This is a full-time position with a flexible work schedule. Our loan officers can expect to make 200 000 in compensation. This is a remote position that can be performed anywhere but must be NMLS licensed in the state where business is conducted. Loan Officer Qualifications Skills Financial skills Time management skills Knowledge of financial software Customer service Thoroughness Confidentiality Analyzing information Decision making Professionalism Quality focus Negotiation skills Education and Experience Requirements At least a high school diploma or GED Most advanced positions require a BA or BS in economics finance business or other related field 2 to 5 years loan officer experience Licensed registration as a mortgage loan originator with the Nationwide Mortgage Licensing System and Registry ( Registry ) within the State of California