Mortgage Closer jobs in Racine, WI

Epic Mortgage is Southeastern Wisconsin’s premier mortgage lending company with quick closes and competitive rates.

We are growing and are adding Mortgage Loan Officers to our team!

Why Epic Mortgage?

• Tired of retail lending and saying no to prospects?
• Not having the best pricing?
• Or asking for a price exception from management?
• We offer Brokerage Options, Wholesale Lending – You can shop the best products and rates for your customer & YOU can make the pricing decision!
• Fast Closings – 14-day average CTC from application, can receive same day and one day approvals.
• Early CDs.
• Paid Weekly.
• 180 Lender partners (Mortgage Companies) – provides many options for loan products to ensure you can meet your customer needs (Conforming, Non-QM, Reverse Mortgages, Commercial and Hard Money Lenders).
• Most state licenses available to independent LOs than any other broker in the nation
• Extensive training and ongoing support.
• Flexibility and more control.
• Remote Work – Work from home.
• In house processing and Loan Manager.
• LIVE Loan officer support.
• Collaborative and fun work culture.

Competitive Compensation & Benefits:

• Competitive commissions – Borrower Paid Compensation (BPS) or Lender Paid Compensation (LPC) plus the opportunity to earn Residual income.
• Can earn up to 1.25 BPS per loan.
• Commercial & Reverse Mortgages compensation will depend on the transaction.
• Profit sharing.
• Fortune 500 Employee benefits - Medical, Dental, Vision, 401K, HSA, and corporate credit card for business expenses.

Responsibilities:

• Interview borrowers to assist with identifying the loan product that meets their budget and needs.
• Gather information and documentation for the loan and submit the application to the mortgage company that you feel has the best rate/term for your client.
• Evaluate loan applications and documentation by confirming credit worthiness.
• Identify the best loan options to meet the customers’ needs, present to customers, and close loans.
• Secure interest rate lock-ins for customers in a timely manner.
• Utilize a mortgage lending system to input information, qualify loans, and obtain pre-approval.
• Work closely with borrowers, loan officers, title companies/attorneys, or insurance companies to gather and prepare all documents needed to satisfy underwriting requirements.
• Be accessible to the buyer and individuals involved in a loan to answer questions and/or provide updates.
• Ability to read, analyze and interpret financial report and / or legal documents.
• Constantly build and replace prospects in your sales pipeline. Network with centers of influence, current clients, past prospects, realtors, insurance agents, and business owners to cultivate referrals for mortgage loans.
• Provide all required loan disclosures and notices with customers.
• Organize and attend loan closings with clients, title companies, and realtors.
• Follow-up with prospects and customers via text, calls, and emails.
• Deliver exceptional customer service to clients.
• Comply with state and federal regulatory and compliance requirements.

Requirements:

• Active National Mortgage Licensing System Registry (NMLS) license.
• 2 years of relevant financial loan experience at a commercial bank, credit union, mortgage company, or other financial institution.
• Mortgage lending experience is not required but preferred – willing to train individuals with financial loan experience.

Epic Mortgage - NMLS #2404936- Equal Housing Opportunity

Job Type: Full-time

Pay: $80,000.00 - $400,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Flexible schedule
• Health insurance
• Life insurance
• Referral program
• Vision insurance

Compensation package:

• Commission pay

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Work setting:

• In-person
• Office

Experience:

• Loan origination: 1 year (Required)

Work Location: In person