Licensed Mortgage Loan Officer (Home Equity)

at  LoanCraft LLC

Hybrid-based schedule
Warm leads provided - NO cold calling!
Base Pay + Commission Structure
Must hold a Mortgage Loan Originator (MLO) license
About LoanCraft:
Home equity lines of credit were up substantially in 2023 and are still in high demand. Although people are putting off home purchasing plans because of high mortgage interest rates, a record number of homeowners are tapping their home equity in this market to remodel their homes or finance other purchases.
LoanCraft, in business since 2003 is an exclusive service provider for some of the largest mortgage loan providers in the Midwest. In this capacity, we help our mortgage clients originate, process, and underwrite home equity lines of credit fairly, accurately, and efficiently.
If you enjoy a fast paced, technology driven environment, we need to talk. We are hiring licensed Mortgage Loan Originators to work with HELOC products!
We welcome you to visit our website at www.loancraft.net to learn more about the services we provide for our clients.

Job Duties for the Mortgage Loan Officer role:

• Establish and build relationships with WARM leads that we provide you. There is NO cold calling in this role. Our leads are pre-qualified.
• Follow a structured, phone based consultative sales process to collect necessary information from the consumer.
• Generate and present proposals to the consumer, that highlight the benefits and features of the Home Equity Line of Credit (HELOC) product, while providing education and ensuring comprehension of the key HELOC product features.
• Collect and review financial documentation to ensure accuracy, working in partnership with Loan Processors.

Qualifications for the Mortgage Loan Officer role:

• Must have passed SAFE Licensing Exam and hold a Mortgage Loan Originator (MLO) License.
• Proven success in a sales-based role, conducting a high volume of contacts to consumers over the phone.
• Ability to analyze and comprehend financial data.
• Solid time management skills with the ability to organize, prioritize, and perform multiple detail-oriented tasks simultaneously.
• Working knowledge of Microsoft Office applications.
• Ability to remain coachable while working in a fast-paced technology-driven environment.
• Willingness to learn “The LoanCraft Way”.
• Some knowledge/ability to process own loans.
• Self-motivated with a strong work ethic.

Benefits Overview for the Mortgage Loan Officer role:

• Blue Cross Blue Shield Medical and Vision Insurance packages (Three plan options available) on the first of the month following 30 days of start date
• Delta Dental Insurance on the first of the month following 30 days of start date
• Long Term Disability/Group Term Life
• Voluntary Term Life/Voluntary Critical Illness
• Paid Sick and Vacation time
• Paid Holidays
• 401(k)
• Tuition Reimbursement
• Uncapped commission potential!

Compensation for the Mortgage Loan Officer role:
This position offers a base hourly rate and an aggressive commission incentive which is based on your individual performance. Typical annual compensation is in the range of $50,000 to $80,000/year

Job Duties for the Mortgage Loan Officer role:

• Establish and build relationships with WARM leads that we provide you. There is NO cold calling in this role. Our leads are pre-qualified.
• Follow a structured, phone based consultative sales process to collect necessary information from the consumer.
• Generate and present proposals to the consumer, that highlight the benefits and features of the Home Equity Line of Credit (HELOC) product, while providing education and ensuring comprehension of the key HELOC product features.
• Collect and review financial documentation to ensure accuracy, working in partnership with Loan Processors

Qualifications for the Mortgage Loan Officer role:

• Must have passed SAFE Licensing Exam and hold a Mortgage Loan Originator (MLO) License.
• Proven success in a sales-based role, conducting a high volume of contacts to consumers over the phone.
• Ability to analyze and comprehend financial data.
• Solid time management skills with the ability to organize, prioritize, and perform multiple detail-oriented tasks simultaneously.
• Working knowledge of Microsoft Office applications.
• Ability to remain coachable while working in a fast-paced technology-driven environment.
• Willingness to learn “The LoanCraft Way”.
• Some knowledge/ability to process own loans.
• Self-motivated with a strong work ethic

Benefits Overview for the Mortgage Loan Officer role:

• Blue Cross Blue Shield Medical and Vision Insurance packages (Three plan options available) on the first of the month following 30 days of start date
• Delta Dental Insurance on the first of the month following 30 days of start date
• Long Term Disability/Group Term Life
• Voluntary Term Life/Voluntary Critical Illness
• Paid Sick and Vacation time
• Paid Holidays
• 401(k)
• Tuition Reimbursement
• Uncapped commission potential