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Mortgage Loan Advisor, Outside Sales (Part-Time)

Real is a fast-growing national real estate brokerage powered by technology. Real is currently operating in all U.S. states, Canada, and the District of Columbia. Founded in 2014, Real is a trailblazer in the Residential Real Estate industry, as we lead the disruption with our cutting-edge technology platform. We are on a mission to revolutionize the home-buying and selling process, making agents' lives better while creating lucrative financial opportunities for them.

For more information, visit https://www.onereal.com/

Type: Part-Time, Max 20 hours per week   

Location: Remote - candidates MUST be located and have an active license in one of the following states to be considered: AL, AZ, CA, CO, DC, DE, FL, GA, LA, MI, MN, MS, NJ, NC, OH, OR, PA, SC, TX, WA.   

Compensation: Commission Based Salary    

Job Summary:    

As a Part-Time Mortgage Loan Advisor at One Real Mortgage, your responsibility will be to kickstart the mortgage process for potential clients. This includes the preparation, analysis, and verification of mortgage loan applications for real estate purchases or refinancing. Additionally, you'll play a crucial role in cultivating and nurturing strong relationships with local real estate agents to pinpoint potential homebuyers seeking mortgage services. You will implement effective lead-generation strategies to establish and maintain a self-generated pipeline of potential clients.     

Duties/Responsibilities:   

  • Develop and implement lead generation strategies by creating and managing a self-generated pipeline of potential clients   

  • Collaborate with real estate agent partners to track and analyze the effectiveness of lead-generation strategies   

  • Meet with both prospective and existing clients to gain insight into their lending needs, which may include first-time mortgages and refinancing of existing loans   

  • Assist clients in completing mortgage applications, meticulously inspecting completed documents for accuracy and completeness   

  • Provide expert advice to applicants regarding various loan options, helping them make informed decisions   

  • Enter essential and mandatory information into the Loan Origination System to ensure file completeness and compliance   

  • Review loan applications, retrieve and review credit reports, and accurately input relevant data into the Loan Origination System   

  • Collaborate with the Loan Processor to address outstanding conditions and facilitate the smooth progression of loans toward approval   

  • Oversee the entire loan process, from application to closing, ensuring all steps are completed accurately and efficiently   

  • Provide continuous support and assistance to clients throughout the lending process, addressing their inquiries and concerns promptly   

Required Skills/Abilities:    

  • Active mortgage loan originator license   

  • Financial or Business Administration background   

  • Time Management   

  • Knowledge of Financial Software; eg Encompass   

  • Maintain referral relationships, strong customer service skills   

  • Ability to analyze and interpret data with an attention to detail   

  • Critical thinking   

Education and Experience:   

  • Bachelor's degree in Finance or Business Administration required   

  • 1-3 years  experience in lending or related fields preferred   

Must-Have:   

  • Ability to truly encompass our Company Core Values   

    • Work Hard. Be Kind

    • “We” are bigger than “me”

    • Tech x Humanity

Physical Requirements:    

  • Sit for long periods of time   

One Real Mortgage is proud to be an equal-opportunity workplace employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status.   

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What You Should Know About Mortgage Loan Advisor, Outside Sales (Part-Time), Real

Are you looking to take your career in the mortgage industry to the next level? One Real Mortgage is on the hunt for a Part-Time Mortgage Loan Advisor, Outside Sales, based in Newark. Our dynamic and innovative company is reshaping the residential real estate landscape with cutting-edge technology. You'll be tasked with kickstarting the mortgage process for our clients, a role that combines your love for numbers and people. As an advisor, you'll develop and implement lead-generation strategies to build a self-sustaining pipeline of potential clients while collaborating with real estate agents to optimize these strategies. Your expertise will shine as you assist clients with their mortgage applications, ensuring every detail is spot on. The role involves a blend of financial savvy and top-notch customer service. We believe in creating strong relationships and supporting our clients through every step of their mortgage journey. If you're passionate, detail-oriented, and ready to make a mark in the industry, we'd love to have you on board. Work flexible hours, gain valuable experience, and be part of a company that truly values its employees. Ready to embark on this exciting journey with One Real Mortgage?

Frequently Asked Questions (FAQs) for Mortgage Loan Advisor, Outside Sales (Part-Time) Role at Real
What are the responsibilities of a Mortgage Loan Advisor at One Real Mortgage?

As a Mortgage Loan Advisor at One Real Mortgage, your primary responsibilities will include initiating the mortgage process for clients, managing a self-generated pipeline, collaborating with real estate agents, and advising clients on various loan options. You'll also be responsible for ensuring the accuracy of all documentation and supporting clients throughout the loan process. This role requires both analytical skills and strong interpersonal abilities to build meaningful relationships.

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What qualifications do I need to become a Mortgage Loan Advisor at One Real Mortgage?

To qualify as a Mortgage Loan Advisor at One Real Mortgage, you must hold an active mortgage loan originator license. A Bachelor's degree in Finance or Business Administration is required, along with 1-3 years of experience in lending or related fields preferred. Strong analytical skills, attention to detail, and proficiency with financial software such as Encompass are crucial for success in this position.

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What is the work schedule for the Mortgage Loan Advisor position at One Real Mortgage?

The Mortgage Loan Advisor position at One Real Mortgage is part-time, allowing for a maximum of 20 hours per week. This flexible schedule can easily accommodate your other commitments, making it an ideal choice for those seeking work-life balance while maintaining a lucrative career in the mortgage industry.

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How does One Real Mortgage support its Mortgage Loan Advisors?

One Real Mortgage is committed to supporting its Mortgage Loan Advisors through comprehensive training, access to cutting-edge technology, and continuous teamwork. We foster an environment that promotes professional growth and collaboration, empowering our advisors to build strong referral relationships and succeed in their roles.

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What is the compensation structure for the Mortgage Loan Advisor role at One Real Mortgage?

The compensation for the Mortgage Loan Advisor role at One Real Mortgage is commission-based, which allows for the potential to earn significantly based on your performance. This structure rewards initiative and success, motivating our advisors to excel in generating leads and closing loans.

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Common Interview Questions for Mortgage Loan Advisor, Outside Sales (Part-Time)
Can you explain your experience in the mortgage sector and how it relates to the Mortgage Loan Advisor role at One Real Mortgage?

When answering this question, focus on highlighting your relevant work experience, particularly in lending or similar fields. Discuss specific roles, what you learned, and how those experiences shaped your knowledge and skills that would benefit you as a Mortgage Loan Advisor at One Real Mortgage.

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What lead-generation strategies have you implemented in previous positions?

Share specific strategies you've implemented in the past, detailing the results achieved. Use examples to illustrate your ability to think creatively and effectively generate potential clients, emphasizing how these strategies could be adapted for One Real Mortgage.

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How do you handle customer objections or concerns during the mortgage application process?

Respond to this question by demonstrating your customer service skills. Discuss techniques for active listening, empathy, and providing clear, informative responses that help address clients' concerns. Share an example where you successfully resolved an issue with a client.

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Describe how you prioritize your tasks as a Mortgage Loan Advisor.

Outline your approach to time management, discussing methods you've used to prioritize tasks efficiently. Highlight your ability to balance multiple responsibilities, such as client consultations, documentation review, and collaboration with agents, while ensuring you meet deadlines.

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What role does technology play in your ability to serve clients effectively?

Discuss your proficiency with technological tools in the mortgage industry, such as Loan Origination Systems or lead management software. Explain how these tools enhance your efficiency, accuracy, and ability to provide timely support to clients.

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How do you build and maintain relationships with real estate agents?

Talk about the importance of networking and communication in maintaining relationships with real estate partners. Provide examples of how you’ve successfully collaborated with agents in the past and the strategies you use to keep these relationships strong.

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What advice would you give a first-time homebuyer in terms of mortgage options?

Share your knowledge about different loan options and the factors that influence a first-time homebuyer’s decision. Discuss the importance of assessing each client's unique situation and how you tailor your advice to help them make informed decisions.

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Can you describe your experience with financial software in mortgage processing?

Discuss any specific financial software tools you have experience with, especially Encompass or similar systems. Emphasize your familiarity with data entry, compliance checks, and how these tools facilitate your loan processing responsibilities.

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How do you stay updated with changes in mortgage regulations and market trends?

Explain your commitment to continuous learning and professional development. Mention any industry-related websites, publications, or associations you follow to keep abreast of changes that could impact your clients or your role at One Real Mortgage.

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Why do you want to work as a Mortgage Loan Advisor at One Real Mortgage?

Reflect on your motivations for joining One Real Mortgage, such as the company’s innovative approach, values, or potential career growth. Highlight specific aspects of the company that resonate with you and align with your career goals.

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Building your future, together! Our Values are: Work Hard, Be Kind - We care. We make things happen. Simply Great Service - We provide service from our hearts with skill and experience. Embrace, Resolve, Evolve - Sometimes, things go wrong. We...

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Part-time, remote
DATE POSTED
January 8, 2025

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