Mortgage Loan Officer

Builder Residential Mortgage Loan Officer

• Tired of searching for new mortgage business?

• Reap the benefits of partnering with our homebuilder.

• Start earning commissions immediately!

M/I Homes, a top 15 national home builder, is looking for a Residential Mortgage Loan Officer for its builder financing subsidiary, M/I Financial, LLC located in Raleigh. The successful candidate must be:

• Well versed in origination and underwriting guidelines of all types of mortgage loans.

• Very familiar with conventional, FHA, and VA loan guidelines.

• Ready to take on some volume!

This position offers:

• Steady work environment - driven only by builder new home purchase sales - NO refinances.

• Monthly paid commission.

• Ideally suited for those seeking originations from a captured (builder sold) customer base.

• Generous paid time off structure.

• Flexible scheduling to allow for some weekend work to meet customer needs.

• Conveniently located near the NC State Fairgrounds and Downtown Raleigh.

• Entire loan operation - origination, processing, underwriting, and closing - locally based.

• Team partnership with a top 15 national builder.

• Discount on employee new home purchases.

• 401K and Profit Sharing.

• Full Medical, Vision, and Dental Insurance.

Job Summary:

Originates residential first mortgages from traditionally very high capture home builder sales leads. Partners with home builder in providing high touch and financially knowledgeable loan origination services, leading to successful on-time home closing.

Duties and Responsibilities:

• Partners with new home sales personnel to initiate contact with purchasers in completing loan application and collecting supporting documentation to support loan approval.

• Prepares and communicates initial Loan Estimate.

• Prequalifies potential borrowers as needed.

• Oversees all customer loan price negotiations.

• Manages the overall loan transaction by communicating with applicant(s), processors, underwriters and/or creditors to resolve questions regarding application information.

• Oversees timely scheduling of loan closing to meet home builder and borrower needs.

• Maintains an active NMLS and State of North Carolina Mortgage Loan Originator License.