Loan Advisor

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

📋 Description

• Guide homebuyers through the mortgage procedure while advocating for Universal Lending Corporation’s loan offerings.

• Foster relationships with sales agents at Risewell communities and division staff.

• Inform potential borrowers and homebuilder sales representatives about company products and services.

• Complete detailed loan applications and gather necessary applicant information.

• Engage with applicants via phone, email, or in-person to address application inquiries.

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

• Implement company credit policies, as well as state and federal lending regulations and mortgage programs.

• Negotiate loan rates, terms, and conditions effectively.

• Ensure loans are locked in a timely manner and in the appropriate product type.

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

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

• Assist in resolving processing, underwriting, and closing issues within the loan pipeline.

• Keep abreast of developments in the financial sector, economic trends, market conditions, rates, vendors, and competition.

• Ensure compliance across all loan files and the pipeline.

• Make sound decisions regarding applicant inquiries, approvals, and requests.

• Uphold professionalism, integrity, teamwork, and customer service throughout the sales process.

• No supervisory duties; occasional travel may be necessary.

⛳️ Requirements

• Must reside in Washington or Oregon state.

• An active state MLO license is required in each state where business will be conducted, or a willingness to obtain additional state licenses in WA, OR, CA, AZ, CO, FL, and TX.

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

• A 4-year college degree is preferred.

• At least 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.

• Capacity to plan for contingencies, foresee challenges, and identify risks.

• Strong negotiation skills to achieve favorable outcomes.

• Ability to listen effectively and respond to customers’ needs.

• Exceptional customer service abilities.

• Professional written and verbal communication skills.

• Capability to build and maintain strong partnerships with builders and customers.

• Ensure customer satisfaction throughout the sales process.

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

• Must be eligible 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 must be maintained at all times.

🏝️ Benefits

• Eligibility for monthly and quarterly bonuses.

• Base salary paid on a bi-weekly schedule.

• Position allows for remote work.

• Occasional travel may be required.

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