Disability Solutions - Warren, MI

posted 4 months ago

Full-time - Entry Level
Warren, MI
Administrative and Support Services

About the position

This is a commissioned career opportunity based out of the Northern New Jersey market, focusing on soliciting first mortgages through various contacts including realtors, builders, and developers. The role involves working closely with customers and prospective customers to assist them in identifying and securing mortgage loans that align with their individual financial circumstances and goals, particularly homeownership. The position emphasizes the importance of building and maintaining relationships within the real estate community to generate referrals and expand the customer base. The responsibilities include developing and expanding referral sources to solicit first mortgages, maintaining regular contact with realtors, and meeting builders on job sites to discuss lending options. The employee will also participate in building and trade shows, as well as mixers related to real estate to forge new relationships. A significant part of the role involves collecting and analyzing applicants' financial information to assess their qualifications for specific loans. This includes interviewing applicants to gather necessary information about their financial status, such as income, assets, debts, and credit history. The employee will identify customer needs in relation to their financial situation and evaluate these needs against available financial products. They will recommend the most suitable financial products, advising customers on the risks and benefits of various loan alternatives. Additionally, the role requires engaging in persuasive sales activities to encourage potential customers to choose the company for their mortgage needs, while also cross-promoting other services and financial products offered by the company. The employee will be responsible for ensuring that loan originations comply with regulatory standards and will maintain communication with customers throughout the loan process to ensure they understand each step. This position may also involve performing 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.
  • Engages in mixers related to real estate to build relationships and forge new ones.
  • Collects and analyzes applicants' financial information to assess qualifications for loans.
  • Interviews applicants to gather required financial information including income, assets, debts, and credit history.
  • Identifies customer needs in conjunction with their financial situation and evaluates them against available financial products.
  • Recommends financial products that best meet customer needs, advising on risks and benefits of loan alternatives.
  • Recommends terms and conditions of mortgage loans.
  • Engages in persuasive sales activities 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, including obtaining and analyzing financial and credit data.
  • Follows current loans to ensure conformity with terms and follows up with customers via phone and email.
  • Completes paperwork related to the loans originated and prepares materials needed to support loan activities.
  • Attends company meetings as necessary and ensures loan originations comply with regulatory standards.
  • Communicates with customers 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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