Disability Solutions - Rockville, MD

posted 4 months ago

Full-time
Rockville, MD
Administrative and Support Services

About the position

This is a full-time, commissioned career opportunity based out of Rockville, MD. The role involves soliciting first mortgages through contacts with realtors, builders, and developers. The employee will work closely with customers and prospective customers to assist them in identifying and securing a mortgage loan that is appropriate for their individual financial circumstances and is designed to help them achieve their financial goals, including homeownership. The position requires a proactive approach to developing and expanding referral sources, maintaining regular contact with realtors, and meeting with builders and developers to discuss lending options. The responsibilities include participating in building and trade shows, mixers related to real estate, and collecting and analyzing applicants' financial information to assess their financial circumstances. The employee will interview applicants to gather necessary information, including income, assets, investments, debt, credit history, and property characteristics. They will identify customer needs in conjunction with their financial situation and evaluate those needs against available financial products. The employee will recommend financial products that best meet the customer's specific needs while advising them about the risks and benefits of the loan alternatives. Additionally, the employee will engage in persuasive sales activities to encourage potential customers to do business with the company and cross-promote other services and financial products. They will perform work related to the loans they originate, ensuring compliance with regulatory requirements, and maintain communication with customers throughout the loan process to ensure they understand each step. The role may also involve other duties as assigned by the manager, emphasizing the importance of compliance with company policies and regulations.

Responsibilities

  • Develops and expands referral sources to solicit first mortgages.
  • Maintains regular contact with Realtors in their offices and on-site at open house events.
  • Meets with builders on job sites to discuss lending options related to clients building homes.
  • Seeks opportunities to meet with developers regularly.
  • Participates in building and trade shows.
  • Participates in mixers related to real estate to build relationships.
  • Collects and analyzes applicants' financial information to assess their financial circumstances.
  • Interviews applicants and provides required information, including income, assets, investments, debt, credit history, prior bankruptcies, judgments, and liens.
  • Identifies customer's needs in conjunction with their financial situation and evaluates those needs against available financial products.
  • Recommends financial products that best meet the customer's specific needs after advising them about the risks and benefits of the loan alternatives.
  • Recommends terms and conditions of mortgage loans.
  • Engages in customer-specific persuasive sales activity to encourage potential customers to do business with the company.
  • Cross-promotes other services and financial products of the company to outside referral sources.
  • Performs work related to the loans originated.
  • Obtains and analyzes pertinent financial and credit data.
  • Follows current loans to ensure conformity with terms.
  • Follows up with customers and prospective customers via telephone and email communication.
  • Completes paperwork related to the loans originated.
  • Prepares materials needed to support loan activities.
  • Attends company meetings as necessary.
  • Ensures loan originations are in accordance with regulatory compliance.
  • Ensures documentation is completed in accordance with regulatory compliance.
  • Communicates with the customer throughout the process to ensure understanding.

Requirements

  • High School Diploma or equivalent.
  • 1 or more years of recent residential mortgage lending experience, including experience in the local market.
  • 1 or more years of proven ability to develop referral sources from contacts and relationships outside the organization.

Benefits

  • Medical plans with prescription drug coverage
  • Flexible spending account or health savings account
  • Dental and vision insurance
  • Life insurance
  • 401(k) program with employer match
  • Employee Stock Purchase Plan
  • Paid time off programs including holiday pay and paid volunteer time
  • Disability insurance coverage
  • Maternity and parental leave
  • Adoption assistance
  • Educational assistance
  • Robust wellness program with financial incentives
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