Loan Officer

NW Recruiting Partners

Loan Officer

Kirkland, WA
Full Time
Paid
  • Responsibilities

    Loan Officer – Private Lender

    Kirkland, WA (in-office)

    Join our client, a leading private real estate lender with a robust lending team and over $350M in capital. Specializing in lending to builders and developers, they boast a mortgage brokerage and development division.

    With one of the top-performing funds in the U.S. and $100M in real estate acquisitions over the past four years, they continue to grow and are looking to add a Loan Officer to their dynamic team of 10.

    As the Loan Officer, you will be pivotal in guiding clients through the mortgage process, from application to closing. With a focus on customer satisfaction and financial expertise, you will assess applicants' financial situations, recommend suitable loan products, and ensure a seamless transaction experience.

    An ideal candidate will have 4+ years of experience in the mortgage industry, strong customer service skills, and be an effective communicator and team player.

    Loan Officer Responsibilities:

    • Manage customer experience by implementing strategies and techniques to ensure positive interactions with the organization and its products/services at every touchpoint.
    • Utilize effective communication concepts to accurately transmit, receive, and interpret ideas, information, and customer needs.
    • Conduct financial analysis to assess applicants' financial situations and determine loan eligibility.
    • Originate loans by processing new applications while adhering to established policies and procedures.
    • Build effective working relationships within and across departments, functional areas, and reporting lines.
    • Utilize knowledge of mortgage products to recommend suitable options based on the applicant’s financial status.
    • Act as the interface between loan processor, senior loan officer/mortgage loan originator, underwriter, mortgage lender or banker, and realtors to ensure a successful loan transaction.
    • Review options with the senior loan officer/MLO to recommend suitable home loan products based on the applicant’s financial status.
    • Educate applicants about various residential mortgage loans, answering questions and providing additional information to build personal relationships.
    • Assemble financial information to assist with loan applications, prepare loan files, and assess applicants’ economic situation and eligibility.
    • Develop and maintain a workable schedule to accomplish day-to-day operational goals.

    Loan Officer Qualifications:

    • 4+ years of mortgage/banking experience and or related industry experience in construction, real estate and/or private equity.
    • Knowledge of LOS software. Land Gorilla preferred.
    • Ability to manage multiple tasks concurrently, efficiently, and effectively.
    • Knowledge of consumer and residential lending regulations will be beneficial.
    • Experience in real estate, lending institutions, credit unions, financial services, or related fields desired but not required.
    • Excellent sales, relationship-building, communication, and MS Office skills are essential.
    • Willingness to complete training program to obtain NMLS/MLO/state license.

    Company Benefits & Culture:

    • Annual bonuses
    • Free parking on site
    • Employee home loan program
    • Employee stock options
    • 401k with a 3% match

    Compensation: $60,000 base with commissions. OTE $100,000 - $120,000.

    www.nwrecruitingpartners.com