Mortgage Loan Originator
May 01, 2023Awarded “Great Place To Work” ® by Entrepreneur Magazine and Culture IQ
♦* $6 Billion Funded *♦ Largest and Oldest Locally Owned Mortgage Banker in Central IN
30 Year Anniversary ♦ Licensed Mortgage Banker in Five States – IN, FL, KY, MI, TN
Benefits:
· Humana Health Insurance
· Health Savings Account (HSA)
· Dental Insurance
· Vision Insurance
· Prescription
· Short Term Disability Insurance
· Long Term Disability Insurance
· 401K Match
· Life Insurance
· Direct Deposit
· College Education Benefits
· Free Starbucks Coffee, Tazo Teas, Fruit and Snacks In-Office
Compensation
- Sign on bonus up to 20% of 2022 current earnings greater than $100k annual
- Commission and Tiered Volume Bonus for Residential Closed Loans
- Commission of 50% of Revenue for Commercial Closed Loans
- Sales Contest Incentives
Experience and Requirements:
- 3+ years mortgage originating experience
- NMLS registration and state license required
- Microsoft Office, Word and Excel
What sets Approved Mortgage apart from all other lenders? Culture, Lender Platform, and Marketing.
Approved Mortgage has an established respected reputation in the industry with an entrepreneurial corporate culture, superior lending platform, and marketing support for loan officers. Approved Mortgage has a vast array of investor programs, flexibility, and quick closings to attract realtor and client repeat business and referrals. Lead programs, sales training and tracking point system for industry leading success.
Culture:
Approved Mortgage’s purpose is to foster lasting relationships by exceeding the expectations of our clients and the real estate community through communication, reliability and value.
Core Values: Enthusiasm, Integrity, Loyalty, Progressive, Versatility.
Lending Platform:
- In-office Loan Officer positions available for collaboration
- Independent Remote Mortgage Banker opportunities
- Mortgage Banker with ultimate loan program flexibility and most competitive interest rates.
- Transparent Pricing
- Loan Officer Rate Lock Controls
- Priority closing system to meet contract close dates
- Processor and Loan Officer Assistant to support your business.
- Loan Officer focused on promoting and nurturing relationships to maximize loan origination
- Very experienced in-house underwriting, closing and funding.
- Mentors are available to run sales appointments with you.
- Approved Mortgage Concierge – Applications, Status, Secure File Upload
Marketing:
- Chief of Experience Officer, Event Coordinator, Graphic Artist, Lead Gen Spec, Social Media Spec, Web Development Spec.
- Loan Officer Script for Realtor Appointments and Infographic Presentation
- Awards Program – Navigator, Captain and Sage for the $250K + Club
- Realtor promotional events sponsored by the company
- One purchase lead every business day for loan officer
- HubSpot CRM automation, email nurturing and analytics
- Up to $2,000 monthly realtor co-op advertising LO budget to build book of business
Company Overview – Approved Mortgage
Approved Mortgage is the largest and oldest locally owned mortgage banker in Central Indiana with over $6 Billion funded for Indiana families. The company has served thousands of families making their dream of home ownership a reality. Approved Mortgage is a direct lender providing a vast array of residential mortgage loans. Our residential product line includes conventional, jumbo, FHA, VA, USDA, reverse mortgages, agricultural, large acreage and portfolio loans for purchase, refinance, and construction transactions. Participating lender in the Indiana bond loans and mortgage credit certificate. The company offers an extensive list of niche programs including but not limited to cash offer (no financing contingency), foreign national loans, non-warrantable condos, construction permanent FHA loans, less than 600 credit score FHA and VA loans and non-QM loans. Approved Mortgage has served thousands of satisfied clients and is an A+ accredited member of the Better Business Bureau.
Approved Mortgage Competitive Advantage –
Our rates are lower than most lenders
Our commission is higher than most lenders
Our 17 day CTC is shorter than most lenders
Our 94% client and realtor satisfaction is better than most lenders
Our top loan officers earning $1 million is among the highest in Indiana
Our sales and operations platform is a proven system to grow and sustain a large book of business
Direct lender with no middle-man to maximize LO compensation and reduce rates and closings costs
Job Type: Full-time
Pay: $50,000.00 – $500,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Flexible schedule
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Professional development assistance
- Referral program
- Retirement plan
- Tuition reimbursement
- Vision insurance
Schedule:
- Monday to Friday
- On call
Supplemental pay types:
- Bonus pay
- Commission pay
Experience:
- Loan Origination: 1 year (Preferred)
License/Certification:
- MLO License for IN, FL, KY, TN, or MI (Preferred)
Work Location: Multiple Locations
- Health insurance