Loan Officer

Loan Officer

Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm, we are dedicated to serving the homeowner / buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry.

The Loan Officer plays an important role in the organization by performing a variety of activities directly related to the company's production functions. The role is primarily responsible, under moderate supervision, for providing quality relations with borrowers through completing the origination processing of application, loan disclosure, review files for adherence to underwriting standards, ensuring completeness of submission to processing. Contacts borrowers to collect necessary documentation and act as a liaison between origination staff, underwriters and customers.

Essential functions include :

• Obtain an accurate and thorough 1003.
• Collect supporting documentation from borrower :
• 30-day paystubs
• 2 years tax returns
• Last 2 years W2's
• Award letters, disability, trust income, etc.
• LOE for Gaps in jobs
• At initial contact with borrower provide needs list and complete application
• 2 months bank statements
• Obtain executed disclosures within regulations time frame.
• Obtain accurate AUS findings.
• Analyze credit report and financial scenario, determining appropriate loan product(s).
• Determine (price) a profitable loan and communicate fees to ops team.
• Submit a complete loan package to processing.

Note : Processing will not proceed without a complete loan file : Complete application, signed disclosures, at least 80% of what is required to obtain an UW approval.

Qualifications :

Supervision :

Requirements :

Guild offers a pleasant work environment, competitive compensation and excellent benefits package; including medical, dental, vision, life insurance, AD&D, LTD and 401(k) with employer match.

Guild Mortgage Company is an Equal Opportunity Employer.

This position offers eligibility for incentive compensation.

Compensation at Guild is influenced by a wide array of factors including but not limited to local and federal minimum wage requirements, education, level of experience, and applicant's geographical location.