Loan Officer University - Training for New and Aspiring Loan Officers

Loan Officer University - Training for New and Aspiring Loan Officers

Summit Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders. When Todd Scrima, our owner and CEO founded our company in 1995 his dream was not to be the biggest, but to strive to be the best. Our growth mindset, positive culture, and history of stability are just a few things that position our company as a leader in the mortgage industry.

Launch your career in mortgage sales Free Loan Officer Training! Are you ready to kickstart your career as a Loan Officer? Increase your earning potential up to $500K or more? Loan Officers have the potential to earn $150-$500K per year!

Apply now for our FREE 16-week training program today. Seats are limited for this self-paced course. Top graduates will be considered for full-time Loan Officer positions with Summit Funding upon successful completion of the program. Once hired, our Loan Officers receive top tier support that includes appointment setters and a full-time marketing team.

Don't miss out, apply today!

What is Loan Officer University?

Loan Officer University is a comprehensive 16-week self-paced training program designed to teach you the fundamentals of mortgage sales. With 10 hours of prerecorded instruction per week, you'll learn from industry expertsincluding Todd Scrimaabout key aspects of the mortgage industry, how to generate leads using proven sales strategies, and how to thrive and grow your wealth in a commission-based environment.

If you're a self-driven, competitive, and sales-focused individual ready to start a career with the potential to earn a 6-figure salary by your second year, click "I'm interested" to get more details on the training program and learn about the process for consideration and acceptance.

Please note : This is a training program, not an immediate job offer. Completing the course doesn't guarantee a job, but it will qualify you to work as a mortgage loan officer and interview for a Loan Officer position with Summit Funding.

What our Loan Officers are responsible for :

• Fostering a culture of collaboration, trust, support, and best-in-class service
• Originating and closing residential home loans and serving as subject matter expert on the mortgage process.
• Developing long-term relationships with realtors, homebuilders, and other self-generated purchase-focused referral sources through daily, weekly, and monthly touches.

Loan Officer University Graduate

Must be currently licensed with NMLS to be hired

Candidates who are successful in completing and passing the LOU Program will then be invited to apply for current open LO opportunities.

This position is being offered (with some exceptions, see below) as a fully remote opportunity however applicants must reside in, and be currently authorized to work in the United States on a full-time basis to be eligible for hire.

Summit Funding currently does not sponsor applicants for work visas.

Summit Funding is not currently licensed and / or able to originate and do business in the state of New York.

There are some states that do not allow licensing your home. These states are Alabama, Nevada and North Carolina. If you reside in one of these states you would need to work in an existing branch location to be employed as an LO with Summit Funding. Review our branch locator page to see if there is a branch in your area.

Some limitations and restrictions may exist for Candidates residing within 50 miles of a current Summit Funding Branch, email Recruitingteam@summitfunding.net with questions.

Compensation for candidates who are hired on as Loan Officers will be paid minimum wage and commissions for each loan closed. Wages are a factor of your total commission rate and are not paid in addition to earned commissions. The commission rate ranges between 50 to 150 basis points per loan depending on position, experience, and location.

All your information will be kept confidential according to EEO guidelines.