Reverse Loan Officer Job at Benchmark Corporate HQ , Ada, MI

T29VRndSOUVYdFI1RHRoNjl1TGh6dTF4aHc9PQ==
  • Benchmark Corporate HQ
  • Ada, MI

Job Description

Description

Position Overview:

With Relationships as one of Benchmark’s core values, building and maintaining relationships in order to source loan applications is the primary focus of our loan officers. The Loan Officer sources and originates loan applications from consumers and maintains relationships to develop and keep an active pipeline of applicants.

 

Ideal candidates for this position have a strong service-oriented mindset with prior, proven reverse mortgage loan sale experience, excellent communication skills, and proven knowledge of reverse mortgage lending, compliance, Quantum Reverse or Reverse Vision and regulatory requirements.

 

Essential Functions of the Role:

  • Establish and maintain relationships through frequent travel with individuals including existing clients, past clients, and real estate professionals to generate business referrals.
  • Maintain a pipeline of applications within federal and state regulations.
  • Analyze reverse mortgage applications and determine the programs best meeting the needs of the consumer.
  • Gather required application data and provide initial documents and disclosures to the applicant.
  • Communicate and educate the consumer on qualified programs (both HECM and proprietary products if eligible) including benefits and risks.
  • Support communication through the loan process between operations staff and the borrower.
  • Provide all applicable initial documents and disclosures to the loan processor.
  • Work with assigned Benchmark branch(s) in the training, marketing and assisting in all aspects of Benchmarks’ reverse mortgage program.
  • Other duties as assigned.

 

Essential Knowledge/Skills/Abilities:

  • Strong communication skills
  • Ability to generate leads
  • Customer service oriented
  • Proven ability to prioritize and multi-task
  • Knowledge of various reverse mortgage loan products
  • General knowledge of credit reports and Financial Assessment including Residual Income calculations
  • Ability to adapt to market changes
  • Knowledge of the mortgage loan process
  • Proven ability to monitor and track multiple deadlines

 Experience Requirements: 

  • Minimum of 12 funded self-generated reverse mortgages in prior 12 months required.
  • Has built a solid referral base

 

Education/Licensing Requirements:

  • High school diploma or equivalent required. Some college preferred.
  • Licensed in market area and registered nationally in NMLS.
  • Professional certification (CRMP) a plus

 

Working Conditions:

  • Fast-paced environment.
  • Requires normal vision (corrected) both close and distant.
  • Requires normal hearing levels (corrected).
  • Requires working at a desk to use a phone and computer for extended periods of time.
  • Requires sitting, bending.
  • Works effectively with frequent interruptions.
  • Lifting requirements of 10 lbs. occasionally.
  • Frequent travel >50%.

Along with a great culture and competitive pay, full-time employees are eligible for additional benefits that include:

  • Medical, dental, and vision insurance
  • Short-term and long-term disability
  • 401(k) and Roth 401(k) and Company match
  • Company-provided life insurance
  • 8 paid holidays
  • AND MORE!  

 

Job Tags

Full time, Temporary work

Similar Jobs

JVS of MetroWest

Vocational Counselor Job at JVS of MetroWest

 ...Vocational Counselor Department: Disability Services Reports to: Director of Vocational Rehabilitation Classification: Full...  ...sites for participants. Assists with transportation needs and travel training when needed. Reaches out to area employers for the... 

Filevine

Senior Software Development Engineer II Job at Filevine

 ...forefront of our fieldwe are ranked as one of the most innovative and fastest-growing technology companies in the country by both Deloitte and Inc. Our Mission Filevine is building the seamless intersection between legal and business by creating a world- class... 

Teal

Cybersecurity Analyst Job at Teal

 ...Review, investigate, and respond to alerts from: Antimalware, Web Security, Endpoint Detection & Response (EDR), Data Loss Prevention (DLP...  ...systems, antivirus, content blacklists, etc.) for specialized cyber defense applications. Support the creation of after action... 

Fablic

UX/UI Designer II Job at Fablic

 ...Job Description Fabletics is looking for a UX/UI Designer II. As a UX/UI designer II, you will be responsible for delivering a world-class shopping experience for our customers. You will collaborate with product managers and software engineers to tackle a wide... 

Confidential

Pediatrician Job at Confidential

 ...Job Title: Pediatrician Employment Type: Full-Time (Monday to Friday) Salary: $160,000 $200,000 Job Summary: Our established private pediatrics primary care practice, operating since 2005 in Homestead, Florida, seeks a full-time pediatrician to join our team...