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Home Equity Loan Originator (Hybrid)

Company: LoanCraft LLC
Location: Troy
Posted on: August 6, 2022

Job Description:

Job DescriptionSalary: $55,000 - $85,000 annuallyInside Sales Opportunity - No Cold CallingBase Pay is $13/hr. with an aggressive commission structure.$55,000-$90,000 Full Time, Base Salary + Commission (Monthly, Quarterly, & Yearly)Monthly ramp up bonus up to $1000 for the first 3 monthsPaid Training and LicensingHybrid office-remote positionLoanCraft, in business since 2003 has been instrumental in helping our partners provide residential real estate financing so people can secure one of their most important purchases, their home. We are an exclusive service provider for one of the largest Home Equity lenders in the Midwest in which we help our client originate, process and underwrite loans and financing options fairly, accurately, and efficiently. If you enjoy a fast paced, technology driven environment, we need you! We welcome you to visit our website at to learn more about the services we provide for our clients.Primary Responsibilities for the Home Equity Loan Originator:

  • Establish and build a relationship with WARM leads that we provide to you. There is NO cold calling in this role. Our leads are pre-qualified.
  • Follow a structured, phone based consultative sales process to collect necessary information from the consumer.
  • Generate and present proposals to the consumer, that highlight the benefits and features of the home equity line of credit product, while providing education and ensuring comprehension of the key product features.Qualifications for the Home Equity Loan Originator:
    • Ability to analyze and comprehend financial data.
    • Solid time management skills with the ability to organize, prioritize and perform multiple detail- oriented tasks simultaneously in a fast-paced technology driven environment
    • Working knowledge of Microsoft Office applications
    • A Mortgage Loan Originator license is required. Because we invest in your success, we provide a comprehensive PAID training program. We incur the cost and all associated fees of the licensing process.
    • Continuous training and coaching is provided to keep your skills sharp.Education/Experience Requirements for the Home Equity Loan Originator:
      • Some college credit hours are required.
      • Sales experience is NOT required. We have successfully coached and trained many people from a wide range of backgrounds to be very successful in this role
      • Must have a stable employment history
      • Client service experience
      • Willingness to learn the "LoanCraft Way"
      • Self- motivated with a strong work ethicBenefits Overview for the Home Equity Loan Originator:
        • BCBS Medical Insurance with vision (A PPO or HSA option is available) on the first of the month following 30 days of start date
        • Delta Dental Insurance on the first of the month following 30 days of start date
        • Long Term Disability/Group Term Life
        • Voluntary Term Life/Voluntary Critical Illness
        • Paid Sick and Vacation time
        • Paid Holidays
        • 401(k)
        • Tuition Reimbursement
        • Potential for a 4-day work week
        • Hybrid office-remote positionCompensation for the Home Equity Loan Originator: This position offers a base hourly pay of $13.00 plus a monthly, quarterly and yearly bonus incentive which is based on your individual performance. Typical annual compensation is in the range of $55,000 to $85,000/year. We also offer a monthly ramp up bonus of up to $1000 for the first three months.

Keywords: LoanCraft LLC, Troy , Home Equity Loan Originator (Hybrid), Accounting, Auditing , Troy, Michigan

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