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Anyone looking for a loan officer position?

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Old 02-19-2008, 09:01 AM
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moog
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Default Anyone looking for a loan officer position?

They're taking applications at my workplace. If you're an avg performer, expect to make anywhere from $50-$60k. High performers are closer to 6 figure. Let me know.
Old 02-19-2008, 04:39 PM
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MrWatchDawg
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what are the qualifications needed

-mo
Old 02-19-2008, 05:32 PM
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moog
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Primary Responsibilities Include:

· Handling Home Loan inquiries from prospective Borrowers
· Analyzing customer needs and advising them on which of Countrywide's loan programs will best accomplish their objectives
· Determining the borrower's ability to qualify by running credit reports and reviewing them in conjunction with borrower-provided income and asset information
· Advising on property value based on existing data, automated Valuation tools and borrower-provided information
· Making initial decisions on whether loan requests will meet Countrywide's approval guidelines
· Exercising independent judgment in order to effectively communicate complex criteria, guidelines and mortgage-industry terms to customers
· Overcoming objections and collecting up-front fees for Appraisals and Credit Reports
· Packaging loans for processing


A Successful Candidate Will Have:

· High school diploma
· 2+ years of Mortgage Sales experience
· Mortgage, Residential and Financial-Services background
· Superior knowledge of Mortgage Loan Origination, Operations, Products and Real-Estate Transactions
· Demonstrated experience in selling Mortgages via telephone
· Thorough understanding of Fair Lending
· Ability to successfully sell in a highly automated, fast-paced environment
· Strong PC skills (i.e. Microsoft Word, Excel, PowerPoint, Lotus Notes, Internet, etc.)
· Exceptional verbal and written communication skills
· Exceptional interpersonal skills

The Ideal Candidate May Also Possess:

· College degree in a related course-of-study
Old 02-25-2008, 06:49 PM
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pony_killer
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Do ya'll offer training, leads, mentoring, etc.

Whats the commission cut

Any benefits

Location "in office or satellite"
Old 02-25-2008, 08:09 PM
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meatbag
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Im interested. Graduating with Finance degree in December.
Old 02-26-2008, 05:33 AM
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moog
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Training is offered, leads are offered, commission structure depends on which division you get put in, in office. send me your email addresses, so i can refer you properly.
Old 02-26-2008, 08:03 PM
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LegionnaireZ
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i'd like to do that but i only know how to balance aircrafts... you have anything for that?
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