At a Glance
- Tasks: Help clients secure mortgage loans and manage their experience from start to finish.
- Company: Join BayCoast Mortgage, a dynamic and growing subsidiary of BayCoast Bank since 1851.
- Benefits: Enjoy flexible work options, competitive pay, and perks like tuition reimbursement and generous paid time off.
- Why this job: Be part of a supportive culture focused on professional growth and community impact.
- Qualifications: High school diploma or degree with some mortgage experience; strong communication and customer service skills required.
- Other info: This is an entry-level, full-time position with commission-based earnings.
The predicted salary is between 36000 - 60000 £ per year.
7 months ago Be among the first 25 applicantsBayCoast Mortgage is a fast growing Massachusetts company owned by BayCoast Bank, est. 1851. As a wholly owned subsidiary of a bank we have portfolio lending flexibility in addition to being a full-service lender serving the majority of the East Coast. We are committed to being one of the best workplaces in the industry. BayCoast offers a dynamic work environment and excellent opportunities for internal and professional development. We currently have a variety of rewarding career opportunities available in our Mortgage Department in Swansea, MA.Available PositionsMortgage Loan Originator (inside/outside sales)Essential Mortgage Loan Originator FunctionsMaintain and originate through branch and subsidiary provided leads (25+ physical locations). Utilize cutting edge technology to originate digital provided leads. Utilize Salesforce to maintain customer and COI relationships.Source and originate mortgage loans and manage the client experience from origination to closing.Establish a strong presence including developing relationships with Realtors and Community Groups; some inbound and outbound sales calling and field visits may be necessary.Participate in all steps related to the origination of a mortgage loan including meeting with prospects, counseling borrowers, taking mortgage applications electronically and face-to-face as well as by mail and phone.Attend seminars, shows, community outreach events and other events to raise consumer awareness of our products and services.Stay current with changes and new products and learn various borrowing programs and processes.Learn and utilize LOS (MortgageBot), as well as various third party provider applications.Adhere to all federal and state compliance guidelines relative to the position.Minimum QualificationsHigh school diploma with 3–5 years mortgage experience or a bachelor\’s degree.12-24 months of experience as a Loan Officer, Loan Officer Assistant or Loan Processor.Mortgage Loan Service Registry (NMLS).Working knowledge of all state and federal mortgage regulations.Strong written and oral communication skills.Working knowledge of windows-based applications, including Microsoft Excel and web based applications, including LeadMailbox.Must possess superior customer service skills.Excellent customer service and listening skills.Public speaking skills.Desired Skills & ExperienceSolid math skills.Genuine interest in local, regional and national real estate marketsAbility to multi-task in a fast paced environment.Good organizational and analytical skills.Strong written and oral communication skills.Competitive Benefits, IncludingCustomized commission structureSigning bonusAccess to Loan Officer Assistant, Processor and Team LeaderMedical and Dental Insurance401(k) PlanPension PlanSubsidized Short/Long Term Disability, Life and AD&D InsuranceVoluntary Benefits including Life, Accident, and Cancer InsuranceFlexible Spending AccountsHealth Savings AccountsTuition ReimbursementStudent Loan Pay Down BenefitGenerous Paid Time OffEmployee Assistance Program (EAP)Volunteer TimeMLO positions are commission based.BayCoast Mortgage is an Equal Opportunity Employer. BayCoast Mortgage is a wholly owned subsidiary of BayCoast Bank.Seniority levelSeniority levelEntry levelEmployment typeEmployment typeFull-timeJob functionJob functionFinance and SalesIndustriesBankingReferrals increase your chances of interviewing at BayCoast Bank by 2xProvidence, RI $50,000 – $95,000 7 months agoProvidence, RI $110,000 – $140,000 3 hours agoProvidence, RI $100,000 – $120,000 2 hours agoMortgage Loan Officer (Southeastern, MA)Commercial Loan Officer – Cannabis LendingWe’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr
MORTGAGE LOAN OFFICER employer: JobLeads GmbH
Contact Detail:
JobLeads GmbH Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land MORTGAGE LOAN OFFICER
✨Tip Number 1
Network with local real estate agents and community groups to establish relationships. This will not only help you gain leads but also enhance your visibility in the market, which is crucial for a Mortgage Loan Officer.
✨Tip Number 2
Familiarise yourself with the latest mortgage products and regulations. Staying updated will allow you to provide accurate information to clients and demonstrate your expertise during interviews.
✨Tip Number 3
Attend local seminars and community outreach events related to mortgages and finance. Engaging in these activities can help you meet potential clients and showcase your commitment to the industry.
✨Tip Number 4
Utilise social media platforms to share insights about the mortgage industry and connect with potential clients. Building an online presence can significantly enhance your chances of being noticed by employers like BayCoast Mortgage.
We think you need these skills to ace MORTGAGE LOAN OFFICER
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in mortgage lending, customer service, and any specific software knowledge like Salesforce or MortgageBot. Use keywords from the job description to align your skills with what BayCoast Mortgage is looking for.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the mortgage industry and your understanding of the local real estate market. Mention how your previous experiences have prepared you for the role of Mortgage Loan Officer and express your enthusiasm for contributing to BayCoast Mortgage.
Highlight Communication Skills: Since strong written and oral communication skills are essential for this role, provide examples in your application that demonstrate your ability to communicate effectively with clients, colleagues, and community groups. This could include past experiences in public speaking or customer interactions.
Showcase Your Customer Service Experience: BayCoast Mortgage values superior customer service skills. In your application, include specific instances where you went above and beyond to assist customers, resolve issues, or enhance their experience. This will help illustrate your fit for the company culture.
How to prepare for a job interview at JobLeads GmbH
✨Know Your Mortgage Basics
Make sure you brush up on your knowledge of mortgage products and processes. Understanding the different types of loans, interest rates, and the overall mortgage landscape will help you answer questions confidently and demonstrate your expertise.
✨Showcase Your Customer Service Skills
As a Mortgage Loan Officer, excellent customer service is key. Prepare examples from your past experiences where you successfully assisted clients, resolved issues, or built strong relationships. This will highlight your ability to manage client experiences effectively.
✨Familiarise Yourself with Technology
BayCoast Mortgage uses cutting-edge technology and Salesforce for managing leads and customer relationships. Be ready to discuss your experience with similar tools or express your willingness to learn new software quickly.
✨Demonstrate Your Local Market Knowledge
Having a genuine interest in local, regional, and national real estate markets is crucial. Research current trends and be prepared to discuss how they might impact potential clients. This shows your commitment to staying informed and adds value to your candidacy.