Job Description
Job Title: Mortgage Loan Officer Department: Peak Finance Company
Location: San Francisco, CA; hybrid
Job Purpose:
We are seeking a Mortgage Loan Officer to join our team. This position will report directly to the Mortgage Sales Manager.
This is primarily a remote/hybrid role, offering flexibility to work from home or from one of our office locations. However, the role will require travel to visit clients and attend office meetings.
Primary Responsibilities:
· Prospecting clients for residential mortgage solutions
· Proactively convert inbound and outbound sales leads into applications
· Identifying potential clients’ financial needs and recommending optimum product/rate program combinations
· Achieving required sales performance goals that will be evaluated on a monthly basis.
Essential Functions:
· Solicit, originate, negotiate, secure, and process residential mortgage loans.
· The counseling and advising of loan applicants.
· The collection of information and documents from applicants and other parties
· The interest rates, points and fees established in connection with loans.
· The collection of charges or any other amounts from loan applicants
· Monitoring the status of loan applications and keeping applicants and other appropriate parties advised of the status.
· Coordinating the loan processing and closing with Employer’s personnel
· Answer questions from applicants and other appropriate parties regarding closings and assist in resolving disputes related to closings.
· Distributing information regarding Employer's loan products, loan prices and services to real estate brokerage professionals
· Answering questions from consumers and real estate brokerage professionals regarding Employer's loan products, loan prices and services
· Attending Employer-conducted meetings and presentations, and meetings and presentations of real estate brokerage firms
· Preparing reports and ensuring the accuracy and completeness of the contents of loan files and retention of documents
· Perform additional duties as assigned.
Skills/Qualifications:
· At least 3 years of experience in managing and negotiating loans within a fast-paced environment.
· Must be familiar with loan processing guidelines including Fannie Mae, Freddie Mac, and FHA.
· Solid knowledge of standard loan practices, documents, and real estate terms
· Strong understanding of the mortgage market
· Proficiency in Chinese (Mandarin) preferred
· Must be based in California
Compensation:
· $52000-200,000 per year; commission pay (1099)
Company Description
Peak Finance Company provides uniquely competitive rates and a best-in-class team to find innovative mortgage solutions personalized to the needs of our clients. Our residential real estate financing experts specialize not only in offering traditional loans at competitive rates, we work on behalf of credit challenged, self-employed, and first-time home buyers.
Peak Finance Company provides uniquely competitive rates and a best-in-class team to find innovative mortgage solutions personalized to the needs of our clients. Our residential real estate financing experts specialize not only in offering traditional loans at competitive rates, we work on behalf of credit challenged, self-employed, and first-time home buyers.
...Setting: School We're hiring a School Psychologist to function as part of an on-site evaluation team atan area school where your expertise will have a meaningful impact.Not sure what a Travel Contract is? Click here for a quick overview. The School Psychologist...
About the job Virtual Data Entry Specialist - Junior Level (Remote) Job Opportunity: Data Entry Specialist (Entry Level | Remote) Are you ready to embark... .... As a remote position, this role allows you to work from the comfort of your own space while gaining valuable...
San Francisco International Airport (SFO) - Student Design Trainee Program ITT (Summer Internship 2025) - 5380, 5381, 5382 Recruitment: REF47041RPublished: November 15, 2024Accepting applications until: January 17, 2025Apply using SmartRecruiters, the City and County...
...who like a challenge and can communicate effectively in all situations. We want to leverage your skills and years of experience to drive positive results while ensuring a bright future for yourself and XPO. If youre looking for a growth opportunity, join us at XPO. Pay...
Drive the Future of TransportationBe Part of the zTrip Team! Join zTrip, the largest taxi service in the U.S., where you can shape your own career and work on your terms. Why Choose zTrip? Make a Difference: Serve your community daily. Flexible Hours: Design...