Note: The job is a remote job and is open to candidates in USA. New American Funding’s Reverse Mortgage Division helps homeowners age 62 and older access home equity to support their financial and retirement goals. The Reverse Mortgage Loan Consultant sources new business, develops referral relationships, advises borrowers on suitable reverse mortgage products, and manages the loan origination process.
Responsibilities
- Builds rapport and leverages existing relationships with network and potential borrowers with the goal of helping customers achieve their mortgage financing goals
- Consult with customers and analyze their financial situations to provide the appropriate solution and advice as to the best loan product for each customer
- Ensure each loan meets the customer's needs as well as quality and marketability standards of New American Funding
- Understand the process of loan origination and manage the loan application process in conjunction with operational support staff
- Input and upload application and customer's information into loan origination software
- Structure and price loans accurately and in accordance with NAF guidelines
- Other duties may be assigned
Skills
- Two or more years' full time reverse loan origination experience
- Possess good judgment, problem solving and researching skills, and the ability to accept responsibility, complex situations and handle confidential information
- Ability to structure and price loans
- Active NMLS license
- Excellent communication and relationship building skills
- Self-motivated, self-starting mortgage professional
- Experience with reverse mortgage loan product
- High school diploma or general education degree (GED); two or more years' full time reverse loan origination experience in local market
- Must be able to verify identity and employment eligibility to work in the U.S
- Must be able to lift up to ten pounds
- Primary functions require sufficient physical ability and mobility to work in an office setting; to stand or sit for prolonged periods of time; to occasionally stoop, bend, kneel, crouch, reach, and twist; to lift, carry, push, and/or pull light to moderate amounts of weight; to operate office equipment requiring repetitive hand movement and fine coordination including use of a keyboard; and to verbally communicate to exchange information
- VISION: See in the normal visual range with or without correction
- HEARING: Hear in the normal audio range with or without correction
- Proven results as a loan originator and successful track record of strong production
- Proven ability to self-source reverse mortgage business through an established network of referral partners, past clients, community relationships, and other business-development activities
Benefits
- Commission Based (BPS)
- Remote
Company Overview