Loan Advisor

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

📋 Description

• Assist homebuyers throughout the mortgage process while promoting the loan products of Universal Lending Corporation.

• Act as a lending partner for purchasers of Risewell Homes.

• Establish strong relationships with sales agents in Risewell communities and divisional staff.

• Provide education to prospective borrowers and homebuilder sales representatives regarding company offerings.

• Complete detailed loan applications and gather necessary applicant information.

• Communicate with applicants via phone, email, or face-to-face to address application inquiries.

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

• Negotiate loan rates, terms, and conditions effectively.

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

• Submit comprehensive loan applications and coordinate the processing with the designated processing center.

• Enter loans into Encompass and appropriate Automated Underwriting Systems such as DU or LP.

• Assist in resolving processing, underwriting, and closing challenges.

• Stay informed about the financial industry, economic trends, market conditions, rates, vendors, and competition.

• Ensure compliance with loan files and the pipeline.

• Utilize decision-making techniques for applicant inquiries, approvals, and requests.

• Uphold professionalism, integrity, teamwork, and a commitment to self-improvement.

• No supervisory duties; occasional travel may be necessary.

⛳️ Requirements

• Must reside in Washington or Oregon.

• Possession of an active state MLO license in each state where business will be conducted or willingness to acquire additional state licenses in WA, OR, CA, AZ, CO, FL, and TX.

• High school diploma or general education degree (GED) is required.

• A four-year college degree is preferred.

• Minimum of 5 years of lending origination experience, ideally with builders.

• Familiarity with Encompass or other LOS systems is essential.

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

• Ability to plan for contingencies, foresee potential issues, and identify risks.

• Strong negotiation skills to achieve favorable outcomes.

• Capable of effectively listening and responding to customer needs.

• Excellent customer service abilities.

• Professional communication skills, both written and verbal.

• Ability to build and maintain strong relationships with builders and customers.

• Ensure customer satisfaction throughout the sales process.

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

• Must meet eligibility requirements 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

• Eligibility for monthly and quarterly bonuses.

• Base salary paid on a bi-weekly schedule.

• Occasional travel may be required.

• Reasonable accommodations may be provided to enable individuals with disabilities to perform essential functions.