loanDepot is looking for a Joint Venture Loan Consultant to join our team in Sarasota, Florida. In this outside sales role, you will be responsible for cultivating loan referrals through direct meetings with builders, realtors, and consumers, while examining, evaluating, and documenting customer applications for credit approval.
What You'll Do
- Spend a minimum of 50% of working hours outside the office conducting sales calls to create, develop, and maintain referral relationships.
- Analyze potential marketing opportunities to develop future business.
- Communicate positively and professionally with operations staff throughout the loan process to ensure a smooth closing.
- Engage in managing the loan pipeline with all 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 from borrowers and convert to paperless documents.
- Prepare and submit loan submission sheets.
- Read and understand rate sheets, product codes, and loan level price adjustments to calculate rates and fees.
- Negotiate and confirm rates, fees, and lock terms with customers.
- Lock loans in the system with agreed-upon terms and manage locked pipelines through funding.
- Communicate regularly with borrowers to meet desired expectations.
- Maintain minimum productivity goals.
What We're Looking For
- NMLS loan originator license is required.
- 1+ years of experience working in a mortgage loan originations capacity.
Benefits & Compensation
- Aggressive earning potential and 401K with robust company match
- 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 is an onsite position based in Sarasota, Florida.
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.
