Job Description

 LOAN OFFICER  

Discover why OPEN MORTGAGE is the place "Where Better is Possible"®.  

LOCATION:  Grove, OK

ABOUT US:  

Open Mortgage exists to empower the American dream of homeownership. We are a financially stable, experienced, and reliable Mortgage Banker that has been in business for over 15 years. Open Mortgage combines the strength and resources of a national lender with the support approach and flexibility of a family operation.   

Open Mortgage believes that "Better is Possible"®. We are committed to providing our originators the cutting-edge technology, products, tools, and service they need to achieve greatness in today’s “high tech - high touch” market.  

WHAT WE OFFER:   

• An originator friendly environment empowering you to conduct business with the flexibility of your own schedule.  
• A full menu of forward and reverse mortgage products to offer clients, including Conventional Fixed Rate and ARMs, FHA/VA/USDA, Jumbo, Construction/Renovation/Rehab, Down Payment Assistance programs, and Reverse Mortgages.   
• In-house underwriting, closing, and funding.  
• Fast payouts and weekly payroll with ADP.  
• Medical, Dental, Vision Benefits  
• Short & Long Term Disability Plans  
• Life Insurance  
• Retirement (401K)  
• Web-based LOS and integrated CRM platforms.  
• Free LO websites and customized collateral for print and social media marketing.   
• On-boarding training and transition support.  
• Continuous sales & marketing support and training opportunities.  
• Back-office support, including dedicated accounting, HR, and compliance teams.

SUMMARY:  

Open Mortgage, a nationwide residential mortgage lender, is looking for Loan Officers to join the company who are prepared to make a difference in the lives of customers looking to buy or refinance a home. The Loan Originator will be responsible for discussing clients’ needs, recommending the best loan products, helping customers put together a complete loan package and working with the processing and underwriting team throughout the loan process. We are headquartered in Austin, TX. We are licensed in 46 states and have multiple branches in select states. To view the states we are licensed in, locate the branch offices near you, and find out more information about our company go to openmortgage.com.  

JOB DUTIES:   

• Meet with customers to determine their needs and recommend the right loan products to help meet their goals  
• Maintain an active knowledge base of all of the organization’s loan products and an understanding of the qualifications required of each applicant  
• Identify and recommend products that meet the customer’s needs and the organization’s lending guidelines  
• Review active loan files each day to determine if any documents are missing or what can be done to help the process along  
• Utilize professional judgement to determine which potential borrowers represent good risk opportunities for the organization  
• Evaluate loan applications and documentation by confirming credit worthiness  
• Improves loan applications and documentation by informing applicant of additional requirement  
• Approve loans by issuing checks or forwarding applications to loan committee  
• Complete loan contracts by explaining provisions to applicant, obtaining signatures and notarization, and collecting fees  
• Keep loan information confidential  
• Update job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, or participating in professional

 COMPETENCIES:   

• Customer/Client Focus  
• Organizational Skills  
• Time Management  
• Thoroughness  
• Sales Skills  
• Technical Capacity  
• Communication Proficiency

MINIMUM QUALIFICATIONS:   

• Current registration under the National Mortgage Licensing System and Registry  
• Proven track record of successfully working with multiple referral sources  
• Strong knowledge of home purchase transactions  
• 2+ years of experience in the consumer loan industry  
• 2+ years of experience in the mortgage industry  
• Ability to manage a pipeline and fund at least 2 loans per month  
• Good working knowledge of loan underwriting guidelines, processing and closing functions  
• Ability to work under pressure  
• Excellent customer service and communication skills

"Disclaimer: The above statements are intended to describe the general nature and level of work being performed by persons assigned to this position. They are not intended to be an exhaustive list of all associated responsibilities, skills, efforts, or working conditions. The Company reserves the rights to change, amend, add, delete, and otherwise assign any and all duties, responsibilities, and position titles, as it deems necessary to meet the needs of the business."