Mortgage Loan Officer Details

Mortgage Loan Officer

Obsidian Financial Services - Ridgetop, TN

Employment Type : Full-Time

Are you over the fact that you cannot close a loan in 10 days!? Are you working for a broker that just does not come through, or a lender who would not give you the ability to broker?

At Mortgage Employment, you are assigned a personal Territory Manager. Your Territory Manager will help you structure your deal to help get it approved and closed, along with training, webcaster videos, and tons of marketing material. I cannot count how many times Quicken or UWM declined a loan where we have turned around, approved, and closed it within 10 days!

TIME FOR WINNING AS A LENDER/BROKER

The ability work as a Lender

• Best rates in the industry, with no marked-up fees, and raw pricing
• DPA/Construction to Perm/203k/Dr. Loans (Not available for broker channel anymore)
• Non-QM Loans Make up to 4% compensation.
• FHA down to 550 with 4% to 5% compensation. Will never be beaten!
• Rates on FHA/VA at 2.75% fixed, paying back 2.875%
• In-house UW are available 24/7.

The ability to work as a Broker

• Approved with 50+ lenders in the industry.
• Flat fee of $1295 per file or 20% and you still make the full compensation of 2.75%.
• (203K/DPA/Construction to Perm) all have CANCELED on the wholesale of the business.
• DBA’s are allowed for corporation.
• W2 or 1099 (where applicable)

Compensation Will Not Be Beat (Ever) and Training

• Payday out within 72 hours!
• 1099 or W2 (where applicable).
• Loan Officers make 200 BPS up to 500 BPS on each deal. No one beat’s us.
• Branch Managers make overrides from 25 BPS to 100 BPS on your loan officers.
• We offer state of the art training with the best software in the industry.

Your Responsibilities:

• Uphold all company directives and standards.
• Ability to pre-qualify clients and input information for disclosing.
• Submit a complete file then move on to the next deal.
• Interact with processing and UW to close loans fast.
• Proven ability to market yourself in your surrounding community, is a HUGE plus!
• Being able to take direction and to be a true self-starter preferred. We will assist you as much as we can, but this is a rare opportunity, and is as lucrative as you will personally make it.

Experience:

· One Year of residential mortgage origination experience.

· Must have NMLS Safe act Licensed within the state you originate in.

· Work with other employees such as processors and UW to help approve loans

· Knowledge of Microsoft software such as excel, work and power point

Education:

· High School Diploma

· Associates degree wanted but not needed

Mortgage Employment is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Obsidian Financial Services are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Obsidian Financial Services will not tolerate discrimination or harassment based on any of these characteristics.

Job Types: Full-time, Part-time

Pay: $73,500.00 - $435,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Paid time off

Schedule:

• 8 hour shift

Supplemental pay types:

• Commission pay

Experience:

• Mortgage Broker: 1 year (Preferred)
• Loan origination: 1 year (Preferred)

License/Certification:

• NMLS Safe Act (Preferred)

Work Location: Multiple Locations