Mortgage Loan Officer

Summary

Join Orchard Mortgage, an affiliate of Orchard, as a Loan Officer and help customers achieve their financial goals through innovative financing solutions. You will build strong relationships with Orchard agents and customers, providing expert guidance on home financing options, including our unique Equity Advance loan and Move First offering. This full-time, remote position based in the San Diego Metro area requires at least 3 years of lending experience and an active NMLS license. You'll manage a pipeline of 10-15 loans monthly, collaborate with various teams, and provide weekend coverage once a month. The average Loan Officer earns $125-250K annually, with a draw against commission and benefits. Equity in the company is also offered.

Requirements

• At least 3+ years experience with lending experience and an active NMLS license or registered (California required)
• Strong consultative sales skills to get our customers the best financial outcome and help them understand the programs available to them
• A passion for customer service and relationship building with keeping both our customers and agents in the loop on what is going on, even if that is after hours or on a weekend
• Deep knowledge of guidelines pertaining to Fannie Mae, Freddie Mac, FHA, VA with the ability to provide high quality pre-approvals/pre-qualifications
• Technology savvy with the ability to learn and work with new systems especially as the mortgage world progresses

Responsibilities

• Consult with clients about current needs and financing solutions to help them achieve their financial goals including Orchard Mortgage’s unique offerings such as our Equity Advance loan
• Build great relationships with Orchard’s real estate agents and collaborate with them to create a great home buying experience for our customers
• Be “go to person” for all home financing related needs that our customers or agents have including being the expert on our Equity Advance loan and Move First offering
• Close a high percentage of captive leads and manage pipeline of at least 10-15 loans per month, primarily purchases with some refinances
• Work collaboratively with other teams across the Orchard ecosystem in Real Estate and Title Operations to provide the best customer outcomes
• Support weekend coverage once per month to ensure customers have the support they need even on weekends

Preferred Qualifications

• Familiarity with common non-QM programs and reno/construction loans
• Experience with Blend and Byte (or similar systems)

Benefits

• Compensation Range: The average full-time fully ramped Loan Officer earns $125-250K per year depending on performance. The structure is a draw against commission with a 3 month ramp period for new hires
• Benefits
• Equity in the company