COLORADO MLO OR HAVE PASSED THE SAFE TEST.

$60,000 - $300,000/Yr

Mission San Jose Mortgage - Denver, CO

Part-time,Full-time - Entry Level

Remote - Denver, CO

Insurance Carriers and Related Activities

About the position

We are seeking a Loan Officer who will evaluate, authorize, and process loan applications for individuals and businesses. This role involves acting as a liaison between customers and our financial institution, ensuring that qualified applicants can acquire loans efficiently and effectively. The position is remote and offers flexible hours, with compensation based on commission.

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.
• Go the 'extra mile' to 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

• Flexible working hours
• Remote work opportunity
• Commission-based pay structure