Mortgage Loan Originator Job at Motto Mortgage Specialty, Elgin, IL

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  • Motto Mortgage Specialty
  • Elgin, IL

Job Description

Motto Mortgage Specialty is expanding! We’re licensed in Illinois and Iowa, with Indiana coming soon. We’re on a mission to provide clients with home financing that fits—and we’re looking for motivated MLOs to help us do just that. Whether you're experienced or newly certified, we’ll equip you to succeed. This is a compensation commission with a tremendous upside opportunity. This is a remote opportunity. This opportunity is commission-based. Responsibilities:

  • Collaborate with the real estate agent, lender’s underwriting department, other mortgage professionals, and closing agent to ensure a smooth transaction
  • Conduct a thorough interview to determine each applicant/ potential borrower’s specific lending or refinance needs
  • Obtain documentation to determine creditworthiness, such as background checks, applicant’s credit history, income and employment verification, and verification of assets and liabilities
  • Counsel applicants and home buyers on various loan products, buying or refinance process, prospective lenders, and lending guidelines
  • Proactively stay abreast of mortgage industry trends and lending rate sheets; maintain strong relationships with mortgage lending sources / mortgage bankers, and establish referral relationships with real estate professionals
Qualifications:
  • Up to date NMLS licensure or National Association of Mortgage Broker license or certification is required
  • Superior time management, communication and analysis skills and independently resourceful
About Company: Access to Tier 1 lenders with a wide range of products and aggressive pricingCompetitive compensation (100+ bps, based on experience and referrals)Fully branded CRM, website, marketing, and social media supportDedicated loan processors and a compliance support teamOngoing training and mentorship tailored to your growth

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