Licensed Loan Officer Assistant
Job Summary
Wealthfront is seeking a licensed loan officer assistant to join our team as we build and scale our mortgage lending operations. As a key player, you will leverage your expertise to provide excellent service to existing clients and guide them through the loan process. This position offers an opportunity to be part of a cutting-edge, tech-enabled mortgage lending team.
Responsibilities
- Support clients through loan intake and closing process
- Ensure accuracy of application data and documentation
- Manage client communication, timelines, and requirements
- Ensure regulatory compliance for all loan originations
Required Skills
- Active Mortgage Loan Originator License
- 4+ years mortgage industry experience
- Proficiency in TRID, HMDA, and NMLS requirements
- Expertise in Conventional and Jumbo guidelines
Job Details
Responsibilities
- Support and educate clients as they work through the intake process and finalize their loan closing.
- Ensure all initial application data and documents are accurate and complete before submitting to Processing.
- Act as primary point of contact and set clear client expectations on timelines and requirements.
- Responsible for timely delivery of initial loan disclosures and adherence to all regulatory requirements.
- Operates independently on standard files and escalates to Team Leads as needed for scenario questions or guideline interpretation.
- Ensure that all loans originate in full compliance with federal and state regulations.
- Adopts Company values in work behaviors, decision making, contributions and interpersonal interactions.
- Contributes to a positive work environment by demonstrating cultural expectations.
Expertise
- Customer-focused, business-centric, and team-oriented mindset.
- Strong working knowledge of state-specific licensing and registration requirements and use of the NMLS.
- Strong working knowledge of Federal and state regulations including TRID and HMDA.
- Deep understanding of mortgage loan products and underwriting guidelines.
- Self-driven with the ability to work independently and collaboratively.
- Excellent organizational skills, able to set and meet deadlines in a high paced environment.
- Demonstrated ability to communicate effectively and influence positive outcomes.
- Intellectually curious and interested in applying technology to enhance business processes.
- Prior experience in wholesale and/or correspondent channels.
- Excellent communication skills.
Requirements
- Mortgage Loan Originator License.
- 4+ years of experience.
- Experience at a mortgage broker preferred.
- Strong knowledge of Conventional Conforming and Jumbo guidelines.
- Solid understanding of state and federal lending regulations.
- Extensive knowledge and understanding of customer service and intrapersonal best practices.