Loan Originator

Full Time
Grandville, MI 49418
$159,755 - $192,497 a year
Posted
Job description

Elevation Mortgage, LLC is immediately looking to add Mortgage Loan Originators!

At Elevation Mortgage, LLC we have a long track record of success and stability.

We pay extremely high commission splits to our quality, self-sustaining and self-generating Mortgage Loan Originators. Many of our MLO’s have received a variety of Top Mortgage Professional awards.

Why join Elevation Mortgage, LLC:

  • High commission split with no padding on wholesale rates and discounted pricing form our top lenders
  • Great wholesale pricing with Key Account status from UWM and many other leading lenders
  • Ability to build teams and receive long term residual income
  • No origination or lender fees to our clients
  • Fast turn times, our average file is clear to close in 15 calendar days or less
  • Complete on boarding training, online and in person including Success Track Training
  • Inside support forums to get your questions answered
  • Weekly webinars on various sales and training topics
  • 401K, Medical, Direct Deposit

Who works well in this model:

  • Seasoned professionals who already have referral sources established
  • MLO’s switching from companies who do not receive volume discounts or Key Account perks, volume always wins
  • MLO’s switching from retail and correspondent who no longer enjoy losing deals to brokers (no fees at Elevation Mortgage, LLC, substantially lower pricing)
  • MLO’s switching from retail and correspondent who realize that since they self-generate most of their own business, they deserve the highest splits in the industry
  • MLO’s who no longer wish to attend training sessions from Regional and Branch Managers who try to convince them that rates don’t matter, and service is all that counts (even though the underwriting turn times are often 5 times longer what brokers have)
  • MLO’s who now realize that “brokers don’t have control over the file” is a lie. How about a 3 day submit to clear to close for control?

Marketing and Tools:

  • Mobile App that allows the client and realtor to generate their own preapproval letters.

· Company website and tools for Personal Websites, 3 different options for online applications

  • State of the art tools to create completely customizable marketing materials.
  • Tools provided to completely automate your borrower communications.
  • Elevation Mortgage, LLC on demand support community
  • Marketing Calendar- schedule social media posts up to 30 days in advance
  • Automated Surveys to all closed clients
  • Discounted Continuing Education
  • Client Loyalty Manager tools. CRM tools
  • Much More

Products and Programs

  • Run DU and LP with one click, pick the one that’s best for your loan
  • Elite and Discounted Mortgage Insurance
  • All Fannie, Freddie, FHA, VA, USDA, Reverse and HELOC’s on the market
  • Many outlets for Niche and Non-QM Programs
  • Multiple New-Construction lenders
  • Competitive Jumbo

Processing Support

All commissioned based processors who are just as motivated to get a clear to close as you are. Processors call the clients, clear all conditions and get the deal done ahead of schedule.

Job Type: Full-time

Pay: $159,755.42 - $192,496.81 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Flexible schedule
  • Health insurance
  • Vision insurance

Physical setting:

  • Office

Schedule:

  • 8 hour shift

Supplemental pay types:

  • Commission pay

Ability to commute/relocate:

  • Grandville, MI 49418: Reliably commute or planning to relocate before starting work (Required)

Experience:

  • Fair Housing regulations: 1 year (Preferred)
  • Loan origination: 3 years (Required)
  • Sales: 1 year (Required)

Work Location: Hybrid remote in Grandville, MI 49418

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