Universal Lending · 1 day ago
Loan Officer
Denver, CO
Full-time
Onsite
Senior Level
5+ years expUniversal Lending Corporation is a company focused on providing specialized attention to customers throughout the mortgage process. The Loan Officer is responsible for guiding homebuyers through the mortgage process, building relationships, and ensuring a smooth experience from application to closing.
Financial Services
No H1B
Responsibilities
Build rapport with the sales agents at Risewell communities and division personnel
Maintain a positive sales environment by educating potential borrowers and Homebuilder sales representatives on the Company’s products and services
Complete thorough loan applications by communicating with perspective applicants
Obtain specified information relating to the loan or credit application
Correspond with applicant via telephone, email or in-person to resolve any questions regarding application information
Perform prequalification assessment and analysis of financial condition and risk of financing requests within the Company’s credit policies and programs, as well as all state and federal lending regulations (FHA, VA, Fannie Mae, Freddie Mac, Conventional, Conforming, Jumbo, Rural Housing Development, Bond and Portfolio)
Negotiate rate, terms and conditions of the loan
Lock loans on time and in the correct product type
Submit complete loan application, including all required documents and disclosures, and coordinate the process with assigned processing center
Input loans into Encompass and appropriate Automated Underwriting System (AUS), such as DU or LP, for underwriting decision
Assist with, and solve, issues relating to processing, underwriting and closing of loans within employee’s loan pipeline
Develop and maintain knowledge of the financial industry, economy, market conditions, rates, vendors and competition
Maintain compliance on all loan files and pipeline
Consistently apply superior decision-making techniques relating to applicant inquiries, approvals, and requests as they pertain to existing policies, regulations and procedures
Project an image of professionalism through demeanor and appearance while acting with integrity and honesty
Strive for teamwork and cooperation and actively participate in goals for self-improvement
Qualification
Required
Must have an active state MLO license in each state where business is to be conducted or be willing to obtain additional state licenses in WA, OR, CA, AZ, CO, FL and TX
Highschool diploma or general education degree (GED) required; 4-year college degree preferred
Minimum 5 years lending origination experience preferably with builders
Must have working knowledge of Encompass or other LOS systems
Proficient in Excel, Word, Outlook, and PowerPoint
Ability to plan for contingencies and anticipate problems and identify risks
Ability to negotiate to produce positive outcomes
Ability to effectively listen and respond to customers' needs
Ability to display superior customer service skills
Ability to exhibit professional written and verbal communication
Ability to maintain and foster strong partnerships with builders and customers
Ability to ensure customer satisfaction throughout the cycle of the sales process with support and service
Ability to identify customer needs and adapt sales presentations effectively
Candidates must be eligible for licensure under the federal SAFE Act § 1008.105 in each state where ULC originates loans. Eligibility requirements include: Never having had a loan originator license revoked in any jurisdiction unless revocation was formally vacated; Never having been convicted of, plead guilty or nolo contendere to a felony; If expunged or pardoned, this may still impact the ability to be licensed in some states; Demonstrating financial responsibility, character and fitness, such as to command the confidence of the community. Examples of issues that can impact eligibility include: poor credit history; arrests; outstanding child support or alimony payments; unpaid judgments, etc
Preferred
4-year college degree preferred
Benefits
Medical
Dental
Vision
Company
Universal Lending
Universal Lending Corporation (ULC) was established nearly 40 years ago with a core belief: every customer deserves personalized attention throughout the mortgage process.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase