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Posted: Tuesday, March 28, 2017 5:03 PM

Job Description:/h3:
Job Title:
Mortgage Loan Officer
Department: Sales
Reports To: President, Alterra Home Loans
FLSA Status: Exempt (Not Hourly)
We are GROWING Alterra Home Loans is one of the fastest growing mortgage companies in the Nation. Privately owned by 100 minority stakeholders we are looking for team members to be a part of our family Are you an entrepreneur? Is growth on your mind?
Why Alterra you may ask, well...we dare you to compare
Alterra Home Loans vs. Other Companies
* People Matter Unique Culture vs. Corporate World Company Matters
* Local Processing vs. Centralized Process to Close Files
* Additional Unique Products vs. Standard Products
* Amazing Technology vs. Basic or No Technology
* Best Comp Plans for LOs and Managers vs. Reduced Comp Plan for LOs and Managers
* Loan Officers Come First vs. Management Comes First
* No Overlays vs. Overlays Conv and Gov Products
* App and Marketing Dollars vs. No Marketing Support
* Employee Programs/ Scholarships vs. No Employee Programs or Support
* Our Closing Avg 22 Days vs. Industry Avg Closing 36 Days
Finally A company where the loan officer comes first
The Loan Officers primary role is to source, qualify and originate mortgage loans for Alterra Home Loans. But here is what else you get to do:
Essential Duties and Responsibilities
Develop and maintain relationships within the real estate community
Monitor loan pipeline through Lenders Office
Ensure compliance with all government and regulatory requirements
Loan Officer shall determine his or her hours or work. You are not required to work any specific number of hours per week and what you do work is at your discretion
Attend weekly sales meetings
Take information from the prospective borrower and complete the loan application form
Analyze the prospective borrowers income and debt and pre x2010;qualify the prospective borrower to determine the maximum mortgage amount that the prospective borrower can afford
Educate the prospective borrower in the home buying and financing process, advising the borrower about the different types of loan products available and demonstrating how closing costs and monthly payments could vary under each product
Maintain regular contact with the borrower, realtors and the Company between the time of the application and closing to apprise them of the status of the application and gather any addition information
Collect financial information (tax returns, bank statements) and other related documents that are part of the application process
Order in file credit report, when required by the Company
Determine whether the property is located in a flood area, where required by the Company
Attend the closing of the mortgage loan, if requested by the company
Under no circumstances shall the Loan Officer by compensated greater than the amount negotiated in the Loan Officer Compensation Agreement

Disclaimer: Job description is not a complete list of duties. The Loan Officer may and/or will be required to perform other functions as asked by management. The Loan Officer must be self x2010;sufficient and show the initiative to self x2010;educate industry product and program guidelines.
Supervisory Responsibilities
This position has no supervisory responsibilities...yet. However, we are growing exponentially moving up may be in your very near future
Enough about us, lets talk about you:
Two (2) years prior mortgage or mortgage banking experience
Ability to deliver effective results and to meet deadlines
History of exceeding sales goals
Reliable transportation, valid drivers license and current automotive insurance
Sound judgment and decision making skills
Ability to work under pressure and meet deadlines with minimal supervision
Excellent phone and service skills
Required Education and Experience
Must h


• Location: Baltimore

• Post ID: 20451263 baltimore is an interactive computer service that enables access by multiple users and should not be treated as the publisher or speaker of any information provided by another information content provider. © 2017