Mortgage Loan Officer

Company: Obsidian Financial Services
Location: Guntersville
Posted on: November 26, 2022

Job Description:

Are you over the fact that you cannot close a loan in 10 days!? Are you working for a broker that just does not come through, or a lender who would not give you the ability to broker?

At Obsidian Financial Services, you are assigned a personal Territory Manager. Your Territory Manager will help you structure your deal to help get it approved and closed, along with training, webcaster videos, and tons of marketing material. I cannot count how many times Quicken or UWM declined a loan where we have turned around, approved, and closed it within 10 days!

TIME FOR WINNING AS A LENDER/BROKER

T*he ability work as a Lender*

* Best rates in the industry, with no marked-up fees, and raw pricing
* DPA/Construction to Perm/203k/Dr. Loans (Not available for broker channel anymore)
* Non-QM Loans Make up to 4% compensation.
* FHA down to 550 with 4% to 5% compensation. Will never be beaten!
* Rates on FHA/VA at 2.75% fixed, paying back 2.875%
* In-house UW are available 24/7.
* Top tier banks such as Wells Fargo, Chase, and Trusit (Suntrust).

*The ability to work as a Broker*

* Approved with 50+ lenders in the industry.
* Flat fee of $995 per file and you still make the full compensation of 2.75%.
* (203K/DPA/Construction to Perm) all have CANCELED on the wholesale of the business.
* DBA's are allowed for corporation.
* W2 or 1099 (where applicable)

*Marketing & Software (state of the art cloud base)*

* Our Intranet is cutting edge and you can access a free demo.
* Able to utilize our Optimal Blue pricing engine.
* Twice a week training session and you are assigned a personal Territory Manager.
* State of the art CRM to track and follow your leads.
* Allowed to securely work at home or at a remote location.
* Conduct weekly sessions that highlight current trends and marketing strategies.
* LendingPad (LOS) a cloud-based software to minimize waiting times and delays.
* Optimized website to assist your marketing efforts, on all popular social media platforms.
* Training sessions for new loan officers to learn about marketing and software utilization.
* Join our weekly meetings to discover everything that Obsidian Financial Services has to offer.
* DBA's Welcomed (where applicable)

*Underwriting & Processing*

* Close a loan from start to finish in as little as *10 days*.
* UW and close FHA/VA loans in our name with credit scores down to 550.
* Reverse Mortgages
* Commercial Mortgages
* Hard Money & Fix and Flip Programs
* NON-QM with Verus and Angel Oak, where we can UW and close in our names.
* DPA's not offered by any broker channels, can now go through our correspondent.
* Collect your origination fee on the CD if you chose. Charge the borrower and not yourself.
* Processing is done through a third-party company. Where you can collect your fees on both, the lender and broker channels.

*Compensation Will Not Be Beat (Ever)*

* Payday out within 72 hours!
* 1099 or W2 (where applicable).
* Loan Officers make 200 BPS up to 500 BPS on each deal. No one beat's us.
* Branch Managers make overrides from 25 BPS to 100 BPS on your loan officers.

*Your Duty Includes*

* Uphold all company directives and standards.
* Ability to pre-qualify clients and input information for disclosing.
* Submit a complete file then move on to the next deal.
* Interact with processing and UW to close loans fast.
* Proven ability to market yourself in your surrounding community, is a HUGE plus!
* Being able to take direction and to be a true self-starter preferred. We will assist you as much as we can, but this is a rare opportunity, and is as lucrative as you will personally make it.

Obsidian Financial Services is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Obsidian Financial Services are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, family or parental status, or any other status protected by the laws or regulations in the locations where we operate. Obsidian Financial Services will not tolerate discrimination or harassment based on any of these characteristics.

COVID-19 Precaution(s):
* Remote interview process

Job Types: Full-time, Part-time

Pay: $75,000.00 - $350,000.00 per year

Benefits:
* Dental insurance
* Health insurance
Schedule:
* 10 hour shift
* 12 hour shift
Supplemental pay types:
* Commission pay

Work Location: Remote%58047475%

Keywords: Obsidian Financial Services, Huntsville , Mortgage Loan Officer, Other , Guntersville, Alabama