Mortgage Loan Officer
Job Summary We are seeking a dynamic and motivated Licensed Mortgage Loan Officer to join our financial services team. In this role, you will be the key point of contact for clients seeking mortgage and loan products, guiding them through the entire loan origination process with enthusiasm and professionalism. Your expertise in financial sales, negotiation, and customer service will help clients achieve their homeownership or financing goals while ensuring compliance with regulatory standards such as TILA (Truth in Lending Act) and Fair Housing regulations. This position offers an exciting opportunity to leverage your loan officer experience, technical skills, and passion for helping people secure their financial futures. Duties Engage with clients to understand their financial needs and provide tailored loan options that meet their goals. Conduct comprehensive credit analysis and evaluate borrower eligibility using tools like Quicken, mortgage servicing software, and other financial software. Guide clients through the loan origination process, including application submission, document collection, and initial underwriting steps. Collaborate with underwriters to ensure accurate loan processing, adhering to FNMA (Fannie Mae) guidelines and other regulatory requirements. Negotiate terms with clients to secure favorable loan agreements while maintaining compliance with contracts, banking regulations, and fair housing laws. Prepare and review all necessary documentation including contracts, escrow instructions, TILA disclosures, and other legal paperwork. Utilize accounting software and 10-key typing skills to accurately input data and maintain detailed records of transactions. Assist clients in understanding loan options related to mortgage servicing, escrow accounts, and repayment plans. Stay updated on changes in financial services regulations, including Fair Housing laws and TILA requirements, ensuring all activities are compliant. Provide exceptional customer service by addressing client inquiries promptly and maintaining ongoing communication throughout the loan process.
Requirements
Proven experience as a Loan Officer or in a similar financial sales role with a strong understanding of mortgage origination, processing, underwriting, and credit analysis. Knowledge of FNMA guidelines, TILA regulations, Fair Housing laws, and mortgage servicing procedures. Proficiency with financial software such as Quicken or comparable tools; experience with banking or accounting software is a plus. Strong negotiation skills coupled with excellent customer service abilities to build trust and rapport with clients. Basic math skills including math calculations related to loans, interest rates, payments, and credit assessments. Familiarity with contracts, escrow processes, and legal documentation involved in loan transactions. Ability learn and market and network with other local real estate agents, and other businesses etc. Excellent communication skills—both verbal and written—to clearly explain complex financial concepts to clients. Detail-oriented with strong organizational skills to manage multiple applications simultaneously while adhering to deadlines. A proactive attitude towards learning new regulations such as Fair Housing laws or updates in mortgage compliance standards. Join us if you’re passionate about making a difference in people’s lives through expert guidance in financial services! This role is ideal for someone eager to grow their career in a fast-paced environment that values integrity, professionalism, and client success. Job Types: Full-time, Part-time Pay: $65,000.00 - $280,000.00 per year
Benefits
Flexible schedule Opportunities for advancement Professional development assistance Referral program Work from home Work Location: Hybrid remote in Huntsville, AL 35802