Loan Officer

Company: Lennar Corporation
Location: Madison
Posted on: March 19, 2023

Job Description:

Loan OfficerUS-WI-MadisonJob ID: 2023-26988Type: Regular Full-Time# of Openings: 1Category: SalesLENMORT - Madison WIOverviewLennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life. At Lennar Mortgage, you'll build your career with a Fortune 150 company that provides an excellent work environment, plenty of opportunities for advancement, and competitive benefits and compensation. Our success is a result of supporting and rewarding our team of elite professionals, who strive to exceed superior standards and exceptional services.ResponsibilitiesA full-time, outside sales position responsible for seeking and developing relationships for new business sources both internally and externally. Meet with and interview prospective customers, brokers, NHCs, and other referral sources at homebuilding communities or other convenient locations to collect and analyze customer financial information, advise customers on the risks and benefits of various mortgage products, and help select the appropriate loan program within Lennar Mortgage roadmap. Obtain loan applications from customers and work with them to achieve loan approval.

• Support the Company's growth through outside sales activities and lead generation
• Travel to various communities, realtors' offices, and other appropriate locations on a regular basis (at least weekly) to solicit new business and/or leads from home builders
• Conduct "First Time Homebuyer Seminars" in communities on a regular basis to develop leads and build relationships with New Home Consultants and prospective/current
• Travel to and participate in builder and realtor functions, status meetings, phase releases, phone banks, special events, to develop and maintain relationships and customer service
• Travel to various communities and other appropriate locations to meet with prospective/current customers, explain the Company's offerings, obtain loan applications and other required documents, and attend closings
• Review leads daily and contact prospective customers via telephone and email to set up in-person/virtual meetings
• Originate and prepare new loans in accordance with the "Loan Officer" agreement, signed at the time of employment, to ensure all loans meet the guidelines of the Products and Policies manual for upfront
• Advise and recommend to the customer regarding the various mortgage loan products based on the customer's individual need
• Review interest rates as needed and lock all loans with the borrowers in accordance with the Secondary Marketing Pricing and Rate Lock Policies and Procedures manual, at least fifteen days prior to closing
• Provide assistance to New Home Consultants on pre-qualifications of customers to develop a pipeline for outside sales; provide status of loans as needed
• Meet or exceed closed loan capture rate, spot loan objectives for the division, and/or other established sales goals as determined by the Division Manager and based on annual business
• Maintain reports and notes within origination computer system regarding own prospects and customers to ensure complete exchange of information regarding loan application, loan status, conversations with customers, underwriting, lock in information, monthly projected closings, incentive, and expenseQualifications
  • Four-year college degree (preferred)
  • At least three years of Loan Originating experience
  • Ability to maintain flexible work schedule, including evening and weekend work
  • Valid driver's license and dependable transportation
  • NMLS License required in Illinois & Wisconsin
  • Must live within 100 miles from Schaumburg, ILBenefits:
    • Medical, Dental, & Vision
    • Wellness Program
    • Vacation, Sick, & Personal Time Off
    • 10 Company Holiday's Off
    • Everyone's Included Day
      • You can use your Everyone's Included Day to celebrate, observe, and engage in an event or activity that is of personal significance to you, such as cultural, religious, or social causes or activities.Please see job descriptionPI208216421

Keywords: Lennar Corporation, Madison , Loan Officer, Other , Madison, Wisconsin