This job is closed
We regret to inform you that the job you were interested in has been closed. Although this specific position is no longer available, we encourage you to continue exploring other opportunities on our job board.
California-DFPI MLO OR HAVE PASSED THE SAFE TEST.
$60,000 - $300,000/Yr
Mission San Jose Mortgage - Los Angeles, CA
posted 2 months ago
Part-time,Full-time - Mid Level
Remote - Los Angeles, CA
Insurance Carriers and Related Activities
About the position
The Loan Officer position at Mission San Jose Mortgage involves evaluating, authorizing, and processing loan applications for individuals and businesses. The role serves as a liaison between clients and the financial institution, ensuring qualified applicants receive loans in a timely manner while adhering to compliance guidelines.
Responsibilities
- Evaluate credit worthiness by processing loan applications and documentation within specified limits
- Interview applicants to determine financial eligibility and feasibility of granting loans
- Determine all applicable ratios and metrics and set up debt payment plans
- Communicate with clients either to request or to provide information
- Justify decisions (approvals/rejections) and report on them
- Complete loan contracts and counsel clients on policies and restrictions
- Update job knowledge on types of loans and other financial services
- Maintain and update account records
- Assess customer needs, explore all options and introduce different types of loans
- Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas
- Build trust relationships, customer loyalty and satisfaction throughout the underwriting process
- Operate in compliance with laws and regulations and adhere to lending compliance guidelines
Requirements
- Proven working experience as a loan officer
- Familiarity with computers and banking applications/software
- Solid understanding of direct/indirect lending products and practices
- Excellent communication and interpersonal skills
- Customer satisfaction orientation and sales competencies
- Ability to work in a goal-oriented environment
- BS degree in finance, economics or a related field
Benefits
- Remote work flexibility
- Commission-based pay structure
- Choose your own hours
