Mortgage Loan Officer
Park Place Finance, LLC
Austin, TX US
Posted ago
Park Place Finance, LLC

Are you looking for a salaried plus commission sales position in the mortgage industry where you get to help customers get into the home of their dreams without having to hunt for new business? If so, we need to talk!

We offer 3 core products:
Fix and Flip / Bridge Lending

30 year fixed investment portfolio lending

Traditional (Conventional, Jumbo, FHA, VA, USDA)

We’re hiring for a full-time loan partner to work in tandem with the loan officer to properly package loans for our clients and get them mortgage ready on our hard money lending side. The loan officer will cultivate new business while you analyze customer credit, review income, and assess documents to ensure a successful close.

This role is perfect for the detail-oriented self-starter who thrives on success. Plus, you’ll never have to worry about commission, because we’re offering a salaried position. If you want to help people find their dream home without the hassle of finding new leads, we need to talk. Our team will empower you to embrace your natural talents, and we’ll give you everything you need to achieve your career goals. Ready to start? Apply today!

Responsibilities
  • Liaise between clients, referral partners, and the loan officer, serving as their primary contact during the “contact to contract” phase of the loan process, and conduct meetings to coordinate any follow-up items
  • Review all loan package documentation for discrepancies, omissions, and income calculation then report any discrepancies to the loan originator
  • Coordinate loan application completions, collect all necessary documents (including credit reports), run DU/LP/AUS, send a closing cost worksheet to borrowers, and get the file ready for processing
  • Answer questions from customers or employees regarding transactions and give quotes when required to deliver excellent customer service
  • Establish and maintain relationships with referral partners and borrowers to retain existing clients and attract new business

  • Contact prospective fix and flip borrowers and sell them on our various lending products.

Qualifications
  • Able to accurately analyze income, asset documents, and credit reports, and knows how to structure the information properly for a loan
  • Minimum 2 years experience in a LOA/Loan Partner, Processor, Loan Officer, and/or Underwriter role, 5+ years experience is preferred
  • Superb follow-up, time management, interpersonal, and communication skills
  • In-depth knowledge of mortgage loan products (FHA/VA/CONV/USDA) and knowledge of mortgage processes, procedures, and documentation
  • Current NMLS license or must be willing to get licensed within 90 days
Compensation
$45,000 - $65,000 yearly
About Park Place Finance, LLC

Park Place Finance is a 15+ year old, nationwide lender based in Austin, Texas that offers a unique product mix. Our products consist of standard FNMA / conventional loans, to our internal capital products such as our portfolio 30 year fixed rental loan programs as well as fix and flip, bridge and hard money products.


We offer clients the ability to close with a cash offer using our hard money loan products, and can close in as little as 24 hours.

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