Mortgage Loan Originator
Madison Mortgage Services Inc.
Lake Success, NY US
Posted ago
Madison Mortgage Services Inc.

Madison Mortgage sets our Loan Officers are set up for success! We have created a culture that is energetic and fun to work in. Our Loan Officers are trained and assisted so that they will reach their own monetary, professional, and personal goals.

Why you’ll love working at Madison Mortgage:

  • Forward-thinking leadership that actively takes part in employee growth.
  • A high-tech workplace with state-of-the-art technology, computers, and phones.
  • Customized CRM where you can follow your clients from lead to closing.
  • Earning potential based on competition dominating wholesale rates.
  • Free 5-day lock extensions.
  • The average Disclosure to CTC is 14 calendar days. Close loans in days not weeks!
  • Company-paid Multi-State Licensing and Continuing Education.
  • Ability to build teams and receive long-term residual income.
  • ACCESS TO EVERY PRODUCT AVAILABLE!
  • Many outlets for Niche and Non-QM loans!
  • Competitive Jumbos and Jumbo HELOCs.
  • Purchase CEMAs and no-fee Refinance CEMAs.

Responsibilities

  • Prospect, develop, and maintain relationships with potential new business referral partners such as realtors, builders, bank colleagues, and the community at large
  • Collect and analyze prospective buyer income, assets and liabilities, background checks, and loan application documents to determine creditworthiness
  • Counsel borrowers to understand the pros and cons of different loan products to determine which is best for them
  • Interact with customers, realtors, processors, and underwriters to ensure a smooth transaction
  • Review the loan process by monitoring loan status, term conformity, and regulatory guidelines
  • Exceed our production standards by maintaining an active pipeline

Qualifications

Who works well in this model:

  • Seasoned professionals who already have referral sources established
  • Mortgage professionals looking to learn how to create a self-sustaining business.
  • Loan Officers who want to grow go from 2-3 loans per month to over 20 loans per month
  • MLOs switching from retail and correspondent who no longer want to lose deals to brokers

Compensation
$100,000+ at plan earnings
About Madison Mortgage Services Inc.

Madison Mortgage Services is a diverse group of mortgage experts, sales superstars, tech gurus, marketing whizzes, and more. We are NY’s #1 mortgage brokerage. We’re a growing, family-owned and operated company that still feels like family. We believe in setting our team members up for success by creating a unique, energetic culture where you can be yourself and still reach your professional goals.

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