Mortgage Loan Officer (Inside Sales)
COMPANY: Paramount Equity Mortgage
JOB TITLE: Mortgage Loan Officer (Inside Sales)
LOCATION: Bellevue, WA 98004
POSITION TYPE: Full-Time, W-2 Employee
COMPENSATION:
Guaranteed Draw Against Commissions + Healthcare and Retirement Benefits
“I'm a firm believer in serving employees first. If we take care of our employees and have a true concern for providing those families with a decent living, then those employees will take care of our customers.”
- Hayes Barnard, Owner
ABOUT US:
Paramount Equity was founded in 2003 and provides residential customers in Arizona, California, Oregon, Utah, Virginia and Washington a variety of financial services to accomplish one simple goal: Save Our Neighbors Money! From purchase and refinance mortgage banking, to property, casualty, life and health insurance, and now solar panel leasing and financing, Paramount Equity is committed to making a positive impact in the lives of our customers and the local communities in which we operate.
We have been awarded the A+ Employers’ Award by the Sacramento Business Journal on multiple occasions (2006, 2007, 2009 & 2010) as an exceptional place to work. We are also only one of a few companies in our industry to maintain an “A” ranking as an Accredited Business with the Better Business Bureau.
OVERVIEW:
Paramount Equity is looking for experienced mortgage professionals (loan officers) with previous inside sales success to sell and close conventional, FHA ("Full Eagle" designation) and VA residential home loans through our in-house, mortgage banking operation. Responsibilities include, but not limited to:
- Develop relationships and close home loans with previous and new customers via company-provided leads (60%) as well through self-generated opportunities (40%)
- Provide oversight and accountability for all aspects of the loan process including: client documentation, appraisal, title report, lender submission guidelines and loan funding
- Introduce the company's additional lines of business (insurance, solar, etc.) and be compensated for all closed transactions that you helped initiate for other company salespeople
WHAT WE PROVIDE TO YOU:
- We fund our loans as a Direct Mortgage Banker or Direct Lender with large, Tier-1 Investors
- Highly-competitive revenue splits based on lead sources with a monthly draw guarantee
- Non-recoverable draw the first 2 months so you get started out on the right foot
- Superior pricing and product placement through our online, real-time pricing engine (NYLX)
- Close loans in days and not weeks or months (50% of our deals close in 2 weeks or less!)
- 24 to 48-hour in-house, underwriting and closings
- In-house mortgage operations team (processing, underwriting, closing, etc.) to ensure your loans get through the system fast and clean the first time
- Top-notch marketing and advertising programs that bring qualified clients directly to you
- Additional cross-selling opportunities to help your customers save even more money (insurance, solar, estate protection, etc.)
- Hands-on sales management to provide continual education and sales training
BENEFITS:
- Medical, Dental, and Vision Insurance Plans for employees and family
- Voluntary Term Life Insurance and Accidental Death and Dismemberment Insurance Plans
- Voluntary Long-Term Disability Insurance Plan
- Aflac Supplemental Insurance Plans
- 401(k) Retirement Plan
- Flexible Spending Accounts for Medical and Dependent Care (Cafeteria Plan / Section 125)
- Section 529 College Savings Plan
REQUIREMENTS:
- Minimum of 2-5 years of proven sales prospecting, negotiation and closing experience
- At least 2 years of previous mortgage sales experience required (preferably in retail)
- Ability to close at least 2 loans a month through your own, self-generated efforts
- Must possess a valid Washington State Mortgage Loan Originator License issued by the Washington State Department of Financial Institutions (DFI)
- Bachelor’s degree from a 4-year college (preferred) or equivalent work experience
- Proficiency with MS Office applications (Salesforce.com or other CRM experience a plus)
- Strong analytical and mathematical abilities
- Excellent oral and written communication skills
- Professional demeanor and attire
HOW TO APPLY: