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Loan Expert (Experienced LO)

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Denver Lending

2021-12-03 08:58:00

Job location Denver, Colorado, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Denver Lending is looking to hire a salary-based Loan Officer to join our team. You will receive a monthly salary as this is 100% salary based . We will provide the borrowers along with the application and they have already accepted the rate and terms. Your job will be to take it from there to closing. This is for the LO that loves working on the loan, but doesn't like to "go get new business," yet you want to be 100% paid by salary.

Working with so many Loan Officers to find their "perfect" business gives us a unique perspective. And for every group I help who finds that their "Business of Awesomeness" is to be out shaking hands, kissing babies and teaching classes, there is a second group of LOs whose passion is putting together excellent files and getting them to closing so quickly and efficiently.

The first group is unhappy, edgy and unfulfilled when they get bogged down having to put files together, and the second group feels the same way when they get "saddled" with having to make it rain.

In the past, the group 2 people felt like "square pegs" being forced into round "sales" holes and a lot of them became so disillusioned that they quit the industry. In fact, there has really never been a place for a loan officer who was good at working files but didn't like selling…until now.

We live in a remarkable time. Because of what we teach in our organization, we have a large and growing demand for our "Group 2" Loan Officers who love putting loans together but who can't stand having to generate the business. They prefer a steady salary instead of commissions.

They are smart, hardworking, congenial and honestly are waaaay better at constructing a loan file and tending to its details than Group 1. We call the second group "Loan Experts," and, quite frankly, if it weren't for them, the first group I described would be doomed to limp forever in low production and inefficiency. Matching the right Loan Officer and Loan Expert is the perfect synergy because now each of them is doing what they do best.

Salary Range is $60,000 to $100,000 annually.

Job Type: Full-time

Pay: $80,000.00 per year

Experience:

  • Mortgage Loan Officer/Originator: 1 year (Required)

License:

  • NMLS (Required)

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