loanDepot is looking for a Builder Loan Consultant to cultivate loan referrals through builder partnerships. You will examine, evaluate, and document customer applications for credit approval on real estate loans while maintaining the operational standards set by the builder.
What You'll Do
- Manage the loan pipeline with team members to meet company efficiency standards
- Meet with borrowers to determine the best loan program after analyzing income, assets, credit, and property
- Collect all required documentation and convert to paperless files
- Prepare and submit loan submission sheets
- Read and understand rate sheets, product codes, and adjustments to calculate rates and fees
- Negotiate and confirm rates, fees, and lock terms with customers
- Lock loans in the system and manage the locked pipeline through funding
- Communicate regularly with borrowers to meet expectations
- Communicate positively and professionally with operations staff to ensure a smooth closing
- Maintain minimum productivity goals
What We're Looking For
- NMLS loan originator license required
- 1-3 years of Loan Origination experience required
- Experience originating purchase loans required
- High school diploma or general education degree (GED) required
Nice to Have
- Builder experience strongly preferred
Team & Environment
You will be part of a Joint Venture Sales team within a collaborative and diverse culture.
Benefits & Compensation
- Aggressive compensation package based on experience and skillset
- Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive
- Work with other passionate, purposeful, and customer-centric people
- Extensive internal growth and professional development opportunities including tuition reimbursement
- Comprehensive benefits package including Medical/Dental/Vision
- Wellness program to support both mental and physical health
- Generous paid time off for both exempt and non-exempt positions
Work Mode
This position is based locally in Birmingham, Alabama.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
