Loan Advisor

This is a fully remote position, open to applicants in Oregon, +1 more state.

📋 Description

• Assist homebuyers throughout the mortgage journey while promoting the company's loan offerings.

• Foster relationships with Risewell Homes sales representatives and division staff.

• Inform potential borrowers and homebuilder sales personnel about available products and services.

• Complete loan applications and gather necessary information from applicants.

• Engage with applicants via phone, email, or in-person to address any questions regarding their applications.

• Conduct prequalification evaluations and assess financial situations along with financing risks.

• Adhere to company credit policies, programs, and applicable state and federal lending regulations.

• Negotiate loan rates, conditions, and terms effectively.

• Ensure timely locking of loans in the correct product category.

• Submit comprehensive loan applications, documents, and disclosures to the designated processing center.

• Enter loans into Encompass and automated underwriting systems such as DU or LP.

• Resolve issues related to processing, underwriting, and closing within the loan pipeline.

• Stay informed about the financial sector, economic trends, market conditions, interest rates, vendors, and competitors.

• Ensure compliance across all loan files and the pipeline.

• Employ decision-making strategies for applicant inquiries, approvals, and requests.

• Demonstrate professionalism while acting with integrity and honesty.

• Engage in teamwork, collaboration, and personal development goals.

• Occasional travel may be necessary.

• No supervisory duties involved.

⛳️ Requirements

• Must live in Washington or Oregon.

• Active state MLO license in each state where business is conducted, or a willingness to acquire additional state licenses in WA, OR, CA, AZ, CO, FL, and TX.

• High school diploma or GED is mandatory.

• A four-year college degree is preferred.

• Minimum of 5 years of experience in lending origination, preferably in collaboration with builders.

• Familiarity with Encompass or other LOS systems is essential.

• Proficient in Excel, Word, Outlook, and PowerPoint.

• Capable of planning for contingencies, anticipating challenges, and identifying risks.

• Skilled in negotiation to achieve favorable results.

• Ability to listen effectively and respond to customer needs.

• Excellent customer service abilities.

• Strong professional written and verbal communication skills.

• Capacity to maintain and develop solid partnerships with builders and clients.

• Commitment to ensuring customer satisfaction throughout the sales process.

• Ability to recognize customer needs and tailor sales presentations accordingly.

• Must meet eligibility criteria for licensure under the federal SAFE Act § 1008.105.

• Must be authorized to work in the United States.

• A valid driver's license and active vehicle insurance are required at all times.

🏝️ Benefits

• Opportunity to earn monthly bonuses.

• Opportunity for quarterly bonuses.

• Base salary disbursed bi-weekly.

• Equal opportunity employment policy.

• Reasonable accommodations provided for individuals with disabilities.