Mortgage Loan Originator, Home Equity

The role

Mortgage Loan Originators (MLOs), Home Equity drive SoFi Lending Corp.’s Mortgage sales team. MLOs are responsible for the customer experience throughout the home equity mortgage origination process by guiding the member / customer through the mortgage application, creating a different kind of mortgage experience than the industry norm.

What you’ll do :

• Evaluate initial loan applications and documentation to confirm creditworthiness and ability to repay
• Complete initial analysis of applicants’ credit and income by verifying initial decisions and communicating this to the applicant
• Communicate critical origination timeline, product, pricing, and underwriting requirements to all applicants.
• Perform outbound calls to applicants and work with the applicant to ensure receipt of required documentation critical to move loans through the sales process to funding successfully.
• Communicate suspense, loan approval, and / or declinations to ensure the customer is always informed.
• Coordinate and manage realtors, builders, mobile signers, and other third parties.
• Oversee loan process to ensure timely delivery and content communication with the borrower of initial disclosures, changed circumstance re-disclosing, delivery of closing disclosure, and closing documents.
• Improve upon and refine sales and customer service knowledge and techniques via ongoing training
• Maximize the number of qualified loans funded monthly
• Manage and maintain your pipeline of leads provided to you from a centralized lead generation engine
• Ensure all leads provided are worked with the highest degree of urgency, meeting or exceeding customer expectations throughout the loan origination process
• This role will focus on originating Home Equity mortgages, but as business needs shift, this role may originate 1st Lien Mortgages

What you’ll need :

Nice to have :

Evergreen Transparency :

Please note that this job posting is an evergreen listing, meaning we accept applications on an ongoing basis for candidates in the Charlotte, Kansas City, and Frisco areas. However, it does not necessarily indicate an immediate job opening. We use this type of post because we frequently have open job opportunities for our Home Loans team. We appreciate your interest in SoFi, and will be sure to reach out as soon as an open job becomes available whether that’s immediately or within a number of weeks. Please also be assured that there's no need to submit multiple applications for the same role. Your initial submission will be considered for all relevant positions that match your qualifications by our Recruiting team.

Compensation and Benefits

The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate’s experience, skills, and location.

To view all of our comprehensive and competitive benefits, visit our  Benefits at SoFi   page!

Pay range : 15

Payment frequency : Hourly

This role is also eligible for a commission and competitive benefits. More information about our employee benefits can be found in the link above.