At a Glance
- Tasks: Help clients navigate the mortgage process and manage financial operations remotely.
- Company: RedHouse Lending is revolutionising the mortgage industry with AI technology and personalised service.
- Benefits: Enjoy flexible hours, competitive commissions, and 11 paid holidays while working from home.
- Why this job: Join a dynamic team where you can build your client base and grow into leadership roles.
- Qualifications: Must have 1+ years in mortgage origination and an active NMLS license in specified states.
- Other info: We value diversity and are an equal-opportunity employer.
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 expertise 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 streamline processes or improve client relations in previous roles.
✨Tip Number 4
Prepare for the interview by practising common questions related to loan origination and client management. Highlight your ability to analyse financial data and ensure compliance, as these are key aspects of the role.
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. Mention specific achievements, such as the number of loans closed per quarter, to demonstrate your track record.
Showcase Your NMLS License: Clearly state that you possess 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.
Demonstrate Industry Knowledge: Include details about your understanding of mortgage lending regulations and industry best practices. This will show that you are well-versed in the field and can navigate compliance effectively.
Tailor Your Application: Customise your CV and cover letter to reflect the specific skills and experiences mentioned in the job description. Use keywords from the listing to ensure your application stands out to hiring managers.
How to prepare for a job interview at Rac
✨Showcase Your Experience
Be prepared to discuss your previous experience in mortgage loan origination or real estate lending. Highlight specific examples of loans you've closed and how you managed the process, as this will demonstrate your capability to meet their expectations.
✨Know the Regulations
Brush up on mortgage lending regulations and industry best practices. Being able to speak knowledgeably about compliance will show that you understand the importance of adhering to these standards in your role.
✨Demonstrate Tech Savviness
Familiarise yourself with CRM software and digital lending tools. Be ready to discuss how you've used technology to streamline processes in your previous roles, as this is crucial for efficiency in a remote work environment.
✨Prepare Questions
Have thoughtful questions ready to ask about the company culture, team dynamics, and growth opportunities. This shows your genuine interest in the position and helps you assess if the company aligns with your career goals.