Mortgage Loan Officer *250 bps Compensation

$500,000 - $500,000/Yr

LendingHouse - San Antonio, TX

Full-time - Entry Level

San Antonio, TX

About the position

The Mortgage Loan Officer position at LendingHouse is designed for self-producing loan officers who are looking to leverage advanced technology and a supportive environment to enhance their loan origination capabilities. This role offers the flexibility of a broker combined with the power of a direct lender, allowing loan officers to structure loans efficiently while accessing a wide range of wholesale lenders. The position includes a competitive compensation structure, comprehensive training, and opportunities for career growth within the company.

Responsibilities

• Originate loans by self-sourcing $500K+ per month in originations.
• Utilize industry-leading technology for pipeline management and loan structuring.
• Provide seamless processing and support to clients in multiple languages.
• Engage in marketing efforts including content creation and social media management.
• Participate in coaching and mentorship programs for professional development.

Requirements

• High School Diploma or GED equivalent.
• Valid Mortgage Loan Originator (MLO) license with NMLS.
• Proven experience in self-sourcing loans and managing a pipeline.

Nice-to-haves

• Experience in social media management.
• Familiarity with various loan programs including Conventional, FHA, VA, and USDA.

Benefits

• $5,000 sign-on bonus for joining before December 1st.
• 250 Basis Point Compensation with no transaction fees.
• Monthly and quarterly bonuses based on performance.
• Lifetime recruiting incentive of 10 bps.
• Weekly pay options with 1099 and W2 available.