Position Summary: Our Loan Partner II’s pre-qualifies consumers, research client scenarios for prospective clients with underwriter, assist with looking at investor guidelines (terms & conditions), sends disclosures, organizes assets/incomes, and turns file into processing.
The LPII’s are responsible for assisting in generating and developing business from loan applicants with a variety of financial needs. Licensed LPII's can take an application as long as they are licensed in the state that the consumer is in.
Essential Job Functions: Specific tasks will include, but are not limited to, the following:
- Deliver WOW service Contract to Close.
- Develop 10 Realtor relationships.
- Input and submission of quality files to include complete 1003 and supporting documentation (i.e. income, assets, liabilities and credit), along with proper expectations of processing flow.
- Effectively communicate, work with, and build relationships with all levels of constituents including culturally and linguistically diverse staff members and external candidates and/or vendors, while operating in a fast-paced customer service driven environment.
- Work with Loan Originators to maintain sales contact and pipeline throughout the entire loan process.
- Go on sales call with Loan Originator once per month.
- Attend signings as needed.
- Attend sales meetings and team meetings.
- Assist with putting scenarios together for prospective clients.
- Research client scenarios with underwriting and investor guidelines.
- Contact potential customers via telephone and email when necessary.
- New contacts – introduction to realtors via email.
- Developing and maintaining realtor relationships by setting up lunch and learns and happy hours every month, calling them weekly, and managing an email program for your realtor list.
- Send realtors and borrowers status updates weekly via phone calls and email.
- Submit loan applications with recommendation for underwriting approval.
- Contact credit bureaus, employers, and other sources in order to check applicants' credit and personal references.
- Check value of customer collateral to be held as loan security.
- Calculate, review, and correct errors on interest, principal, payment, and closing costs, using computers or calculators.
- Assist in structuring, presenting, and selling the loan to customers.
- Send disclosures with updated needs list (get returned within 48 hours).
- Assure final paperwork is received/ Do a QC review:
o Be sure docs received matches checklist.
o Organize assets/income. o Mortgage banker checklists/Quality Assurance Checklists.
o File turned into processing within 24 hours of receipt.
- Collects required borrower information to recommend appropriate products or programs.
- The employer shall, in its discretion, modify or adjust the position to meet the company’s changing needs.
- This job description is not a contract and may be adjusted as deemed appropriate at the employer’s sole discretion.
- The LP2 is expected to maintain satisfactory attendance and report to work on time every day.
Required Job Functions: Specific tasks will include, but are not limited to, the following:
- Regularly follows up with potential applicants via telephone, email, or written correspondence to ensure each applicant understands each program.
- This position may require occasional overtime and travel. Weekend coverage is required
Job Type: Full-time
Pay: $80,000.00 - $120,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Health savings account
- Life insurance
- Paid time off
Physical setting:
Schedule:
- Monday to Friday
- Weekends as needed
Experience:
- Loan Partner: 1 year (Required)
- Customer service: 1 year (Preferred)
Ability to Commute:
- Worthington, OH 43085 (Required)
Ability to Relocate:
- Worthington, OH 43085: Relocate before starting work (Preferred)
Work Location: In person