At a Glance
- Tasks: Help clients navigate the mortgage application process and manage financial operations.
- Company: RedHouse Lending is revolutionising the mortgage industry with AI technology and personalised service.
- Benefits: Enjoy flexible remote work, competitive commissions, and 11 paid holidays.
- Why this job: Join a dynamic team where you can build your client base and advance into leadership roles.
- Qualifications: 1+ years in mortgage origination, active NMLS license, strong communication skills required.
- Other info: Opportunity for ongoing training and development in a diverse, inclusive workplace.
The predicted salary is between 24000 - 250000 £ per year.
Job Description
Work Hours: Full-time remote role with flexible hours to accommodate client needs.
Location: 100% Remote
Mortgage Loan Originator Requirements:
- Minimum of 1+ years of experience in mortgage loan origination or real estate lending.
- Proven track record of closing at least 1-2 loans per quarter.
- An active NMLS license is required at time of application in one of the following states: Colorado, Montana, Texas, Idaho, Wyoming, Michigan
- Strong knowledge of mortgage lending regulations and industry best practices.
- Experience managing financial operations and analyzing data.
- Proficiency in CRM software and digital lending tools.
- Excellent communication and interpersonal skills.
- High attention to detail and strong organizational abilities.
Compensation: Pay: $24,000 to $250,000 annually, with a tiered commission structure based on volume.
*Bonus Potential: Guaranteed pay while building your pipeline, with the opportunity to earn higher commissions if exceeding expectations.
Company Benefits: At RedHouse Lending, your earning potential is driven by your ability to generate and convert self-sourced leads, giving you full control over your success. While we provide additional purchase and refinance leads from various sources, the highest income opportunities come from building and leveraging your own network. As a preferred lending partner for over 600 in-network agents, you'll also have access to quality purchase leads to complement your efforts.
Work-Life Balance:
- Holiday Time Off- 11 bank holidays including:
- New Year's Day, Martin Luther King Jr. Day, Presidents' Day, Memorial Day, Juneteenth National Independence Day, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving Day, Christmas Day.
- Flexible schedule with ability to visit clients outside the office.
- Paid Time Off: PTO as needed, subject to manager approval.
- Work From Home (WFH)
Career and Financial Benefits:
- Competitive commission structure
- Opportunity to get in on the ground floor- build a team!
- Chance to advance into manager roles a growing company
Training and Development Benefits:
- Ongoing professional development and training
- Access to industry-leading tools and resources
Mortgage Loan Originator Job Summary:
The Mortgage Loan Originator at RedHouse Lending plays a crucial role in managing financial operations, overseeing the loan origination process, and ensuring compliance with mortgage lending regulations. This position requires strong expertise in mortgage financing, financial data analysis, and regulatory compliance. The ideal candidate will be client-focused, detail-oriented, and adept at utilizing technology to streamline the lending process.
Mortgage Loan Originator Manager/MLO Responsibilities:
Loan Origination & Client Relations:
- Guide clients through the mortgage application and pre-approval process.
- Present competitive loan options from top-ranked mortgage and Mortgage Loan Originator professionals.
- Ensure a seamless experience for clients by managing communication and expectations throughout the process.
Financial Analysis & Compliance:
- Analyze financial data to determine loan eligibility and risk assessment.
- Ensure compliance with all federal, state, and industry regulations.
- Maintain accurate records and documentation for audit purposes.
Operations & Process Management:
- Utilize advanced CRM and lending technology to enhance efficiency.
- Collaborate with internal teams and external partners to optimize lending operations.
- Monitor market trends and adjust strategies accordingly.
Preferred Skills:
- Experience working in a remote or virtual lending environment.
- Knowledge of real estate market trends and mortgage underwriting processes.
About RedHouse Lending:
At RedHouse Lending, we are transforming the mortgage industry by leveraging cutting-edge AI technology and offering clients a seamless loan origination process. With our white-glove service, we ensure every client receives personalized attention and support. As a self-sourced officer, you will have the flexibility to build your client base and advance within the company, with the opportunity for growth into leadership roles.
RedHouse Lending is committed to fostering a diverse and inclusive workplace. We are proud to be an equal-opportunity employer, considering all qualified applicants without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Mortgage Loan Originator-Active NMLS Required (Hiring Immediately) employer: Rac
Contact Detail:
Rac Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Mortgage Loan Originator-Active NMLS Required (Hiring Immediately)
✨Tip Number 1
Network with professionals in the mortgage and real estate sectors. Attend virtual events or webinars to connect with potential colleagues and clients, which can help you build a strong referral base.
✨Tip Number 2
Familiarise yourself with the latest mortgage lending regulations and industry best practices. This knowledge will not only boost your confidence but also demonstrate your commitment to compliance during interviews.
✨Tip Number 3
Showcase your proficiency in CRM software and digital lending tools by discussing specific examples of how you've used them to enhance client experiences or streamline processes in previous roles.
✨Tip Number 4
Prepare for interviews by practising your communication skills. Be ready to explain complex financial concepts in simple terms, as this will be crucial when guiding clients through the mortgage application process.
We think you need these skills to ace Mortgage Loan Originator-Active NMLS Required (Hiring Immediately)
Some tips for your application 🫡
Highlight Relevant Experience: Make sure to emphasise your experience in mortgage loan origination or real estate lending. Include specific examples of loans you have closed, ideally mentioning the number of loans per quarter to align with the job requirements.
Showcase Your NMLS License: Clearly state that you hold an active NMLS license and specify the state in which it is valid. This is a crucial requirement for the role, so don’t forget to mention it prominently in your application.
Demonstrate Knowledge of Regulations: Include details about your understanding of mortgage lending regulations and industry best practices. This could be through previous roles or specific training you've undertaken, showcasing your expertise in compliance.
Tailor Your Application: Customise your CV and cover letter to reflect the skills and experiences that are most relevant to the Mortgage Loan Originator position at RedHouse Lending. Use keywords from the job description to ensure your application stands out.
How to prepare for a job interview at Rac
✨Showcase Your Experience
Make sure to highlight your experience in mortgage loan origination or real estate lending. Be prepared to discuss specific loans you've closed and how you achieved those results, as this will demonstrate your capability to meet the company's expectations.
✨Know Your Regulations
Brush up on mortgage lending regulations and industry best practices. Being knowledgeable about compliance will not only impress your interviewers but also show that you are serious about maintaining high standards in your work.
✨Demonstrate Tech Savviness
Familiarise yourself with CRM software and digital lending tools. During the interview, mention any specific tools you have used and how they helped streamline your processes, as this is crucial for a remote role.
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of the interview. This shows your interest in the role and the company, and it gives you a chance to assess if the company culture aligns with your values.