Disability Solutions - Severna Park, MD

posted 4 months ago

Full-time - Entry Level
Severna Park, MD
Administrative and Support Services

About the position

This is a full-time, commissioned career opportunity based out of the Severna Park, MD market. The primary focus of this role is to solicit first mortgages through building relationships with realtors, builders, and developers. The successful candidate will work closely with customers and prospective customers to assist them in identifying and securing a mortgage loan that aligns with their individual financial circumstances and helps them achieve their financial goals, particularly homeownership. The position requires the development and expansion of referral sources to solicit first mortgages. This includes maintaining regular contact with realtors, attending open house events, and meeting with builders on job sites to discuss lending options for clients. The role also involves actively seeking opportunities to meet with developers and participating in building and trade shows, as well as mixers related to real estate to foster relationships and create new connections. In addition to relationship building, the role involves collecting and analyzing applicants' financial information at one of the organization's branch locations to assess their financial circumstances. This includes interviewing applicants to gather necessary information such as income, assets, investments, debt, credit history, and property characteristics. The candidate will identify customer needs in relation to their financial situation and evaluate those needs against available financial products, recommending the best options while advising on the risks and benefits of various loan alternatives. The position also entails engaging in persuasive sales activities to encourage potential customers to do business with the company and cross-promoting other services and financial products. The candidate will be responsible for ensuring that loan originations comply with regulatory standards and maintaining communication with customers throughout the loan process to ensure they understand each step. Overall, this role is integral to the company's success in providing mortgage solutions and requires a proactive approach to customer service and compliance.

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.
  • 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 their financial circumstances.
  • Interviews applicants to provide required information including income, assets, investments, debt, credit history, and property characteristics.
  • Identifies customer needs in conjunction with their financial situation and evaluates those needs 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 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, obtaining and analyzing pertinent financial and credit data.
  • Follows current loans to ensure conformity with terms and follows up with customers via telephone and email communication.
  • 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 they understand the loan process.

Requirements

  • High School Diploma or equivalent.
  • 1 or more years of recent residential mortgage lending experience, including experience in the local market.
  • Experience in the Fulton Mortgage Company Associate Mortgage Loan Officer Program may be accepted in lieu of 1 year of required residential mortgage lending experience.
  • 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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