Loan Consultant
TLDR
The Builder Loan Consultant manages the loan pipeline and provides tailored loan solutions, ensuring a smooth and efficient approval process.
- Engage in managing the loan pipeline with all team members to meet company efficiency standards
- Meet with borrowers to determine best loan program for individual needs after analyzing income, assets, credit, and property
- Collect all required documentation from borrowers and converts to paperless documents
- Prepare and submit loan submission sheet to set up
- Read and understand rate sheets, product codes, loan level price adjustments to calculate rates and fees
- Negotiate and confirm rates, fees, and lock terms with customer
- Lock loans in the system with agreed upon terms and manage locked pipeline through the funding
- Communicate regularly with borrowers to meet desired expectations
- Communicate positively and professionally with operations staff throughout the process of the loan to ensure a smooth closing
- Maintain minimum productivity goals
- NMLS loan originator license required
- 1-3 years of Loan Origination experience required
- Experience originating purchase loans required
- Builder experience strongly preferred
- High school diploma or general education degree (GED) required
- Aggressive compensation package based on experience and skillset.
- Inclusive, diverse and collaborative culture where people from all backgrounds can thrive
- Work with other passionate, purposeful and customer-centric people
- Extensive internal growth and professional development opportunities including tuition reimbursement
- Comprehensive benefits package including Medical/Dental/Vision
- Wellness program to support both mental and physical health
- Generous paid time off for both exempt and non-exempt positions
Benefits
Education Stipend
Extensive internal growth and professional development opportunities including tuition reimbursement
Health Insurance
Comprehensive benefits package including Medical/Dental/Vision
Inclusive company culture
Inclusive, diverse and collaborative culture where people from all backgrounds can thrive
Paid Time Off
Generous paid time off for both exempt and non-exempt positions
Wellness Stipend
Wellness program to support both mental and physical health
loanDepot is a digital commerce company focused on simplifying the home ownership journey through a digital-first approach. It provides a comprehensive suite of lending and real estate services, making the process of purchasing or refinancing a home faster and less stressful for customers.