Assumptions Mortgage Loan Consultant

Job Description

Posted Tuesday, January 27, 2026 at 6:00 AM

The MLCI will gain the necessary licensure to originate assumption mortgage loans.

Mortgage Loan Consultants report directly to the Assumption Manager and, upon licensure, works closely with current customers to educate them on the assumption process, take assumption applications and communicate expectations.

Responsibilities

• Complete education program and obtain SAFE and State licensure as required
• Counsel customers regarding the assumption loan program.
• Pre-qualify potential borrowers based on income, debt, employment history, and other credit data.
• Determine customers' eligibility.
• Assist in gathering customer authorizations and supporting documentation as required by regulation and/or program guidelines.
• Originate applications and monitor the loan from application through closing process, maintaining effective communications with customers, referral sources, and loan support staff.

Qualifications

Required:

• Must hold or be eligible to obtain an active Utah NMLS Mortgage Loan Originator license and other licenses as necessary
• Possesses the ability to obtain licensing authority to perform origination functions
• Ability to maintain licenses, procure additional licensing and perform requisite continuing education requirements is necessary
• An associate’s degree, as well as strong organization, attention to detail
• Working knowledge of conventional and government loan programs
• Strong analytical and problem-solving skills
• Effective written and verbal communication/presentation skills
• Must be able to keep up to date on regulation changes– knowledge may be gained through coursework and on the-job training
• Extended and weekend work hours may be required
• 2+ Mortgage industry experience preferred
• Microsoft Office skills, at an intermediate level is preferred

Physical Demands & Working Conditions

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:

• The employee is regularly required to talk or hear.
• The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
• The employee must regularly use hands to finger, handle, or feel objects and is regularly required to reach with hands and arms; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
• The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
• Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.
• The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present

About Round Point Mortgage Servicing LLC

Round Point Mortgage Servicing LLC is a fully integrated, non-bank mortgage company, with a subservicing portfolio of approximately 900,000 loans. In 2023, Round Point was acquired by Two Harbors Investment Corp. (NYSE: TWO), reaffirming its commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and Round Point capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.

Founded in 2009, Two Harbors has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.