Start Hiring Start Appying
Start Appying

StudySmarter Job Board

Outside Loan Originator
Job Board
Companies
AnnieMac Home Mortgage
Outside Loan Originator

Outside Loan Originator

Mansfield Full-Time 36000 - 60000 £ / year (est.) No home office possible
A

At a Glance

  • Tasks: Sell mortgage loans and build relationships with real estate professionals.
  • Company: AnnieMac Home Mortgage is a dynamic company focused on home financing solutions.
  • Benefits: Enjoy flexible work with travel opportunities and a supportive team culture.
  • Why this job: Join a fast-paced environment where you can make a real impact in people's lives.
  • Qualifications: Must have a state license and knowledge of mortgage processes and underwriting.
  • Other info: Travel is required 80% of the time, perfect for those who love being on the go.

The predicted salary is between 36000 - 60000 £ per year.

Social network you want to login/join with:

Job Details

Position Type Full TimeEducation Level High SchoolSalary Range Travel Percentage Road WarriorJob Category Sales

Description

AnnieMac Home Mortgage is looking to hire Full Time External Mortgage Loan Originators to establish referral source relationships for a steady flow of loan volume from real estate brokers and other external sources. Candidates should have experience directly related to the Mortgage Industry. Under the direct supervision of the Branch Manager, the job responsibilities of the External Mortgage Loan Originator position include, but are not limited to, the following:

  • Primary duty is to sell mortgage loans to customers away from and outside of AnnieMac Home Mortgages places of business. Work done at AnnieMac Home Mortgages offices is related and supplemental to outside sales.
  • Generate new business by building and maintaining relationships with realtors, real estate agents, title and escrow officers, financial advisers, CPAs, and other relevant professionals.
  • Regularly participate in mortgage sales including, but not limited to, attending closings and open houses, and conducting seminars and other lead-generating activities.
  • Take information from the borrower and fill out the loan application.
  • Develop relationships with referral partners such as realtors to generate new customers.
  • Analyze the prospective borrowers income and debt and pre-qualify the prospective borrower to determine the maximum mortgage that the prospective borrower can afford.
  • Counsel the prospective borrower in the home buying and financing process, advising the borrower about the different types of loan products available, and demonstrating how closing costs and monthly payments would vary under each product.
  • Collect financial information (tax returns, bank statements) and other related documents that are part of the application process;
  • Provide disclosures to the borrower, including truth in lending, good faith estimate, and others.
  • Counsel and advise the borrower in understanding and clearing credit problems.
  • Maintain regular contact with the borrower, realtors, and the lender, between application and closing to apprise them of the status of the application and to gather any additional information as needed.
  • Order legal documents.
  • Review HUDS prior to closing.

    • Qualifications

  • Must have appropriate state license or certificate (varies by state).
  • Must have a thorough knowledge of pricing and underwriting requirements of various mortgage insurance companies.
  • Must have a working knowledge of credit underwriting and property eligibility requirements for FNMA, FHLMC, FHA, VA, local bonding programs and private investors.
  • Must be familiar with local, state and national laws zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.)
  • Must have excellent communication skills and the ability to analyze financial information.
  • Must be a sales-oriented self-starter.

    • Work Environment/Physical Demands: Travel is required 80% of the time.

    ***AnnieMac Home Mortgage is an Equal Opportunity Employer***

    ***AnnieMac Home Mortgage participates in E-Verify.***

    #J-18808-Ljbffr

    Outside Loan Originator employer: AnnieMac Home Mortgage

    AnnieMac Home Mortgage is an exceptional employer for Outside Loan Originators, offering a dynamic work environment that fosters relationship-building and professional growth. With a strong emphasis on collaboration and support, employees benefit from extensive training, competitive compensation, and the opportunity to thrive in a sales-driven culture. Located in a vibrant community, AnnieMac provides unique advantages such as flexible working arrangements and a commitment to employee well-being, making it an ideal place for those seeking a rewarding career in the mortgage industry.
    A

    Contact Detail:

    AnnieMac Home Mortgage Recruiting Team

    View AnnieMac Home Mortgage Profile

    StudySmarter Expert Advice 🤫

    We think this is how you could land Outside Loan Originator

    ✨Tip Number 1

    Network like a pro! Attend local real estate events, open houses, and seminars to meet potential referral partners. Building relationships with realtors and financial advisers is key to generating leads for your mortgage loans.

    ✨Tip Number 2

    Stay informed about the latest mortgage products and market trends. This knowledge will not only help you advise clients better but also position you as a trusted expert in conversations with real estate professionals.

    ✨Tip Number 3

    Utilise social media to showcase your expertise and connect with potential clients. Share valuable content related to home buying and financing, and engage with your audience to build trust and credibility.

    ✨Tip Number 4

    Follow up consistently with your contacts. Regular communication with realtors and clients can keep you top of mind when they need mortgage services or referrals, ensuring a steady flow of business.

    We think you need these skills to ace Outside Loan Originator

    Mortgage Industry Knowledge
    Sales Skills
    Relationship Building
    Communication Skills
    Financial Analysis
    Customer Service
    Problem-Solving Skills
    Knowledge of Loan Products
    Understanding of Credit Underwriting
    Familiarity with Local and National Laws
    Networking Skills
    Time Management
    Self-Motivation
    Attention to Detail

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights relevant experience in the mortgage industry. Focus on your sales achievements and any relationships you've built with real estate professionals.

    Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and how your skills align with the responsibilities. Mention specific experiences where you successfully generated leads or closed deals.

    Highlight Communication Skills: Since excellent communication is crucial for this role, provide examples in your application that demonstrate your ability to counsel clients and maintain relationships with referral partners.

    Showcase Your Knowledge: In your application, mention your familiarity with mortgage products, underwriting requirements, and relevant laws. This will show that you are well-prepared for the challenges of the position.

    How to prepare for a job interview at AnnieMac Home Mortgage

    ✨Know Your Mortgage Products

    Familiarise yourself with the various mortgage products offered by AnnieMac Home Mortgage. Be prepared to discuss how different products can benefit potential borrowers and how you would explain these options to clients.

    ✨Build Rapport with Interviewers

    Since this role involves a lot of relationship-building, demonstrate your interpersonal skills during the interview. Engage with your interviewers, ask questions about their experiences, and show genuine interest in their insights.

    ✨Showcase Your Sales Experience

    Highlight your previous sales experience, especially in the mortgage industry. Prepare specific examples of how you've successfully generated leads and closed deals, as this will be crucial for the role.

    ✨Prepare for Scenario Questions

    Anticipate scenario-based questions where you may need to demonstrate how you would handle specific situations with clients or referral partners. Think through your approach to problem-solving and client counselling.

    Outside Loan Originator
    AnnieMac Home Mortgage
    A
    Similar positions in other companies
    UK’s top job board for Gen Z
    discover-jobs-cta
    Discover now
    >