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Licensed Mortgage Loan Officer (Alterra Home Loans)
Ref No.: 16-08336
Location: Baltimore, Maryland
Essential Duties and Responsibilities
  • Develop and maintain relationships within the real estate community
  • Monitor loan pipeline through Lenders Office
  • Ensure compliance with all government and regulatory requirements
  • Loan Officer shall determine his or her hours or work. You are not required to work any specific number of hours per week and what you do work is at your discretion
  • Attend weekly sales meetings
  • Take information from the prospective borrower and complete the loan application form
  • Analyze the prospective borrower's income and debt and pre-qualify the prospective borrower to determine the maximum mortgage amount that the prospective borrower can afford
  • Educate the prospective borrower in the home buying and financing process, advising the borrower about the different types of loan products available and demonstrating how closing costs and monthly payments could vary under each product
  • Maintain regular contact with the borrower, realtors and the Company between the time of the application and closing to apprise them of the status of the application and gather any addition information
  • Collect financial information (tax returns, bank statements) and other related documents that are part of the application process
  • Order in file credit report, when required by the Company
  • Determine whether the property is located in a flood area, where required by the Company
  • Attend the closing of the mortgage loan, if requested by the company
  • Under no circumstances shall the Loan Officer by compensated greater than the amount negotiated in the Loan Officer Compensation Agreement Disclaimer: Job description is not a complete list of duties. The Loan Officer may and/or will be required to perform other functions as asked by management. The Loan Officer must be self-sufficient and show the initiative to self-educate industry product and program guidelines.
Supervisory Responsibilities This position has no supervisory responsibilities.
  • Two (2) years prior mortgage or mortgage banking experience
  • Ability to deliver effective results and to meet deadlines
  • History of exceeding sales goals
  • Reliable transportation, valid driver's license and current automotive insurance
  • Sound judgment and decision making skills
  • Ability to work under pressure and meet deadlines with minimal supervision
  • Excellent phone and service skills
Required Education and Experience * Must have a current license through NMLS and be in good standing
  • Knowledge of Freddie Mac (FHLMC), Client (Client), FHA, and VA
Job Type: Full-time
Salary: $20,000.00 to $50,000.00 /year
Required education:
  • High school or equivalent
Required experience:
  • Mortgage Originating: 1 year
Required language:
  • Spanish
Required license or certification:
  • NMLS

ControlID: 14.234.89 SHR