Mortgage Loan Apprentice

Compensation

$18-22/hr depending on experience (2-4 year commitment)

Hourly Non-Exempt

The Mortgage Loan Apprentice is a training position to learn the business of home loans from a top producing Loan Officer and team. They will be in direct communication with Clients, Realtors, Builders, and Business Partners. This position requires a sales minded individual excelling in time management with precise communication. Extensive hands on training will be provided. The ideal candidate will thrive in a fast paced environment, and be eager to grow with a top producing loan team closing $100

Million+ annually.

• Lead Management and Conversion – Measurement:
  Appointments set, credit pulls, completeness/accuracy of application, convert up to 75 leads per month with a 40+% conversion rate to application.
• Lead Follow Up – Measurement:
  Following up with pre-qualified borrowers, executing team checklist for touchpoints, generate current client referrals.
• Learning & Partner Growth – Measurement:
  Working as a loan partner on a top producing team while learning to originate/obtain NMLS license, self-sourcing business tactics, and how to build a successful pipeline.

• Must be properly NMLS licensed within 360 days.
• Ability to cold-call new contacts without fear.
• Must be self-motivated, dependable and have a “Can Do” Attitude.
• Demonstrate outstanding customer service skills, prioritization, multitasking, and diplomacy skills.

• Follow up on new loan leads within three hours per “Pre-qual Lead Sheet” instructions.
• Set, manage, and confirm all appointments for the Clients to come in and meet with Loan Officer and/or LP II for loan applications: communicate what items to bring in for appointment etc.
• All leads added to lead tracker, ensure follow up attempts made until appointment is set.
• Update referral partners on status of leads received.
• Maintain a 40% or higher conversion rate from lead to appointment.
• Manage documentation and collect application.
• Continue to assume responsibilities and help the team grow.
• Attend all Lunch and Learns and happy hours and obtain at least 8 referral sources to come to each one of the aforementioned monthly events.
• Attend and actively participate in daily team meetings, Monday loan reviews, and Sales meetings.
• Obtain referrals from current clients.
• Detailed comments are to be entered into Encompass files conversation log to document each conversation regarding a file.

While performing the duties of this job, a person is regularly sitting in a standard office environment, at a desk, using a computer, phone, fax, and copy machine. This person may occasionally need to lift up to 20 pounds. Regularly out of the office meeting with referral partners and clients. Occasionally in a standard office environment.

Internship

Full-time

Finance and Sales