Mortgage Loan Officer Trainee

Job Overview
Embark on an exciting journey as a Mortgage Loan Officer Trainee, where you'll gain comprehensive knowledge of the mortgage lending process and develop essential skills to become a successful loan officer. This paid training position offers a dynamic environment focused on financial sales, customer service, and regulatory compliance. You'll work closely with experienced professionals to learn how to evaluate borrower qualifications, process loan applications, and navigate the complexities of mortgage origination. If you're motivated to build a career in financial services and enjoy helping clients achieve their homeownership dreams, this is the perfect opportunity to grow your expertise and make a meaningful impact.

Responsibilities

• Assist in gathering and verifying borrower financial information, including income, assets, and credit reports
• Support the loan origination process by preparing and submitting loan applications using industry-standard software such as Quicken or other financial tools
• Learn to analyze credit reports and perform basic math calculations to assess borrower eligibility
• Help coordinate with underwriters, escrow officers, and loan processors to ensure smooth loan processing and compliance with Fair Housing regulations
• Participate in customer service interactions by answering inquiries, explaining loan options, and guiding clients through the application process
• Support loan officers in maintaining accurate documentation for TILA (Truth in Lending Act) disclosures and FNMA (Fannie Mae) guidelines
• Develop an understanding of mortgage servicing procedures, including escrow management and loan closing contracts

Requirements

• Strong interest in financial sales, banking, or mortgage lending with a desire to develop a career as a mortgage professional
• Basic math skills and proficiency with 10-key typing for data entry and calculations
• Excellent customer service skills with the ability to communicate clearly and professionally
• Familiarity with accounting or financial software such as Quicken or similar programs is preferred
• Knowledge of FNMA guidelines, TILA regulations, Fair Housing laws, and mortgage servicing practices is a plus
• Previous experience in loan officer roles or related financial services positions is advantageous but not required
• Ability to handle sensitive information discreetly while adhering to confidentiality standards
• Willingness to learn underwriting processes, loan processing steps, and contract review procedures

This role offers an engaging environment where energetic individuals can thrive by building foundational skills in mortgage lending. Join us to develop your expertise in financial services while helping clients turn their homeownership dreams into reality!

Job Type: Full-time

Pay: $28,800.00 - $179,000.00 per year

Work Location: In person