Mortgage Loan Officer (MLO) Job at autoMHatic Financial, Wayne, PA

bFdYT25YMEtodHUxYUE5bEwvblZtMUFDMWc9PQ==
  • autoMHatic Financial
  • Wayne, PA

Job Description

Join an Innovative Manufactured Home Lender Revolutionizing the Industry!

auto MH atic Financial is a private equity-backed lender specializing in Manufactured Home loans. Formerly known as Tammac Holdings, we've originated over $1 billion in loans over 40 years. We're innovators – launching groundbreaking products and leveraging technology to bring speed, service, and solutions to our customers and partners, including a loan decision within a minute! Our goal is to revolutionize the Manufactured Housing industry.

The Mortgage Loan Officer’s primary task is to communicate with borrowers to secure the details and commitment of a loan for a new or used Manufactured Housing (MH) home loan. The MLO duties will include assisting the borrower throughout the home-buying process, review and analyze customer financial information, submission of application, and monitoring of the overall status of the customer journey and loan process. The MLO must be detail-oriented, aware of current (and changing) market trends and conditions, and have the ability to clearly communicate and negotiate the term, rate, down payment, and APR of the loan offering. The MLO works closely with potential borrowers, brokers, real estate agents, retail and independent MH Dealers, MH Communities, and internal customers including the Underwriting, Sales, Loan Processing, Funding, and Enabling Group teams.

Duties/Responsibilities

Originate and evaluate mortgage loans according to company guidelines and standards.

Collect and analyze prospective buyer income, assets and liabilities, background checks, and loan application documents to determine creditworthiness.

Assist clients with completion of mortgage applications, inspecting completed documents for accuracy and thoroughness.

Interact with customers, realtors, processors, and underwriters to ensure a smooth and seamless transaction.

Review the loan process by monitoring loan status, term conformity, and regulatory guidelines.

Exceed our production standards by maintaining an active and timely pipeline.

Performs other duties as assigned.

Requirements/Qualifications

Bachelor's degree in business, finance, banking, real estate, or a related field.

-or- one to three years of experience in mortgage origination or residential lending is preferred.

Manufactured Housing lending experience preferred.

Current NMLS License/Registration and State licensure is required within 15-days of hire

Knowledge of state/federal regulations and company underwriting policies, procedures, and Underwriting guidelines.

Must have excellent written and verbal communication skills, superb interpersonal and customer service skills, and exceptional decision-making ability.

Understanding of loan origination and loan decisioning software such as MortgageFlex (or comparable LOS) is highly preferred.

Must have a track record of successfully originating various kinds of mortgage and consumer loans, including refinance, real estate, and chattel.

Schedule:

  • 8-hour shift
  • Day Shift 

Supplemental pay types:

  • Monthly incentive pay

Ability to commute/relocate:

  • Wayne, PA 19087: Reliably commute or planning to relocate before starting work (Required)

Work Location: One location

Job Tags

Full time, Relocation, Shift work, Day shift,

Similar Jobs

Jobright.ai

Software Engineer II - Data Platform, Entry Level Job at Jobright.ai

 ...Qualtrics is a leading company in Experience Management, creating software for exceptional frontline experiences. The Software Engineer II - Data Platform role involves developing and optimizing data-intensive microservices to support the company's experience management... 

Biscott Styles Hair Studio

Barber/Hair Stylist/Makeup Artist Job at Biscott Styles Hair Studio

Biscott Styles Hair Studio. Location : 381-383 Summit Ave, Jersey City, NJ 07306, USA. We are looking for full or part-time barbers and hair stylists who desire to work in a high-end establishment and grow as professionals. Position: Barber/Hair Stylist ...

J. J. Keller & Associates, Inc.

Contract Environmental Consultant - SPCC & SWPPP Job at J. J. Keller & Associates, Inc.

 ...Requisition #: 15482 Functional Area: Consulting; Environmental Safety; Training Employment Type: Temporary Work Options: Remote / Work from Home in the US #LI-Remote Work Hours: As Needed Position Summary J. J. Keller's Environmental Consulting... 

Berkshire Hathaway HomeServices Parks & Weisberg, REALTORS

Real Estate Agent (No Experience Necessary to Apply) Job at Berkshire Hathaway HomeServices Parks & Weisberg, REALTORS

 ...on the basis of race, sexual orientation, age, marital status, religion, or nation of origin. We pride ourselves as being exceptional leaders and members of our community and we're committed to treating all our potential employees with the same level of care and respect.

GLOBAL PARKING SYSTEMS - DALLAS

Shuttle Bus Driver Job at GLOBAL PARKING SYSTEMS - DALLAS

 ...depending on the locations needs. Availability to work 2nd shift, 3rd shift and/or weekends may be required. Education/Experience Required: High School education or GED preferred. CDL training or an equivalent combination of education and experience. License...