Mortgage Loan Officer Trainee

Job Summary
Join our dynamic team as a Mortgage Loan Officer Trainee and embark on an exciting career path in the financial services industry! In this entry-level role, you will develop essential skills in loan origination, processing, and underwriting while gaining comprehensive knowledge of mortgage products and regulations. This paid trainee position offers a unique opportunity to learn from experienced professionals, build your expertise in customer service and sales, and grow into a full-fledged mortgage loan officer. Your enthusiasm for helping clients achieve their homeownership dreams will drive your success in this energetic environment.

Responsibilities

• Assist clients by gathering financial information and explaining mortgage options aligned with their needs
• Support the loan origination process by preparing and reviewing loan applications and supporting documentation
• Collaborate with underwriters to ensure loan packages meet FNMA (Fannie Mae) guidelines and other regulatory standards such as TILA (Truth in Lending Act) and Fair Housing regulations
• Use financial software like Quicken or similar tools to input data, track loan progress, and maintain accurate records
• Conduct credit analysis, basic math calculations, and review escrow accounts to assess borrower eligibility
• Participate in negotiations with clients to clarify terms, address concerns, and promote sales opportunities
• Maintain compliance with mortgage servicing protocols, contracts, and banking regulations throughout the loan process

Experience

• Previous experience or exposure to financial sales, customer service, or banking environments is preferred but not required
• Familiarity with mortgage-related processes such as loan processing, underwriting, or loan officer experience is a plus
• Basic math skills including 10-key typing proficiency are necessary for accurate data entry and calculations
• Knowledge of accounting software, financial software like Quicken, or mortgage-specific platforms will be advantageous
• Strong communication skills for effective negotiation and client interaction are essential
• Understanding of Fair Housing laws, TILA regulations, and mortgage servicing standards will support your success in this role

This position is designed to empower motivated individuals eager to develop a rewarding career in mortgage lending. We value energetic team players who are committed to delivering exceptional customer service while adhering to industry standards. Join us to grow your expertise in financial services—your future as a licensed mortgage professional starts here!

Pay: $28,800.00 - $250,000.00 per year

Benefits:

• Health insurance
• Life insurance
• Vision insurance

Work Location: In person