Internal Loan Consultant

Sales Henderson, Nevada


Position at loanDepot

Position Summary:

Responsible for cultivating loans through inside referrals from interstate branches, employee loans, departed loan consultants, or MSA/Desk rental partners. Assists the Branch Manager in training and onboarding new hires and supports other loan consultants when requested by management. Supports social media and marketing efforts for the specified branch. Ensures the performance of all duties in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.

Responsibilities:

  • Communicates positively and professionally with operations staff throughout the process of the loan to ensure a smooth closing.
  • Engages in managing the loan pipeline with all team members to meet company efficiency standards.
  • Meets with borrowers to determine best loan program for individual needs after analyzing income, assets, credit, and property.
  • Collects all required documentation from borrowers and converts to paperless documents.
  • Prepares and submits loan submission sheet to set up.
  • Reads and understands rate sheets, product codes, loan level price adjustments in order to calculate rates and fees.
  • Negotiates and confirms rates, fees, and lock terms with customer.
  • Locks loans in the system with agreed upon terms and manages locked pipeline through the funding.
  • Communicates regularly with borrowers to meet desired expectations.
  • Analyzes potential marketing opportunities to develop future business opportunities and supports additional marketing efforts, including setting up personal branding on social media sites and assisting Loan Consultants with personal branding as needed.
  • Maintains minimum productivity goals.
  • Performs other duties and projects as assigned.

Requirements:

  • Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position.
  • Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.
  • Intermediate math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
  • Effective organizational and time management skills.
  • Exceptional verbal, written and interpersonal communication, including Social Media and Marketing skills.
  • Ability to make decisions that have moderate impact on the immediate work unit and cross functional departments.
  • Ability to organize and prioritize work schedules on a short-term and long-term basis.
  • Ability to work with little to no supervision while performing duties.
  • Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position.
  • Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.
  • Intermediate math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
  • Effective organizational and time management skills.
  • Exceptional verbal, written and interpersonal communication, including Social Media and Marketing skills.
  • Ability to make decisions that have moderate impact on the immediate work unit and cross functional departments.
  • Ability to organize and prioritize work schedules on a short-term and long-term basis.
  • Ability to work with little to no supervision while performing duties.

The Perks:

  • Competitive compensation reliant on ability & experience.
  • Excellent benefits package including multiple health, dental & vision options.
  • Company paid life and AD&D Insurance, as well as additional voluntary benefit possibilities.
  • 401K with robust company match.
  • 15+ PTO days in addition to 8 paid company holidays.
  • The opportunity to work for America’s Lender under the vision of industry legend, Anthony Hsieh.

 

We are an equal opportunity employer and value diversity in our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.