Jr. Loan Officer
Job ID21282
LocationArizona Division Office - 8767 E. Via de Ventura, #390 Scottsdale, Arizona 85258 United States
CategoryMortgage - Sales
Percentage Travel RequiredNone
Education RequiredA college degree is preferred but not required
Job TypeFull Time
Are you interested in the mortgage industry?
Build your career with an award-winning company!
Who are we?
Since 1967, Toll Brothers has been building luxury homes and communities in the best locations in the U.S. Today, we’re a Fortune 500 company operating in over 50 markets across more than 20 states. We’re the country’s premier luxury builder with the widest range of products in the industry, including traditional single-family homes, active adult, hi-rise condos, apartment rentals, urban redevelopment, and student housing.
From the homes we build to the talent we recruit, we know that to be the best, we have to work with the best. Toll Brothers is a place where diverse perspectives and experiences are welcomed and where employees of all backgrounds are treated with fairness, dignity and respect. We believe every employee should feel safe to be their true and authentic self at work. Our employees are our family, and we strive to uphold the values that our founders instilled in us, creating an exceptional place to work that is inclusive to all.
Toll Brothers Mortgage, America's Leading Luxury Lender, seeks college graduates with backgrounds in either business or sales who want to become loan originators in the mortgage industry.
What is the opportunity?
As a Junior Loan Officer (Jr. LO) you will be fulfilling necessary support functions while learning how to become a Loan Officer. Jr. LO’s will be reviewing and analyzing live loans and qualifying borrowers for mortgages. Jr. LO’s will receive classroom training and "real world" hands-on experience while working independently to study for an examination to become an NMLS licensed originator. In this role, you will learn the basics of the Mortgage Process, Investor Guidelines, Real Estate, and Compliance as you support a team of licensed loan originators.
What are the primary responsibilities?
- Review applicant’s employment, credit, assets, liabilities and real estate owned while verifying all documentation required for mortgage approval.
- Analyze tax returns and calculate income derived from Schedule C, 1065, 1120-S, and 1120 tax returns.
- Communicate to Loan Officers the status of files after review and provide guidance and recommendations where needed.
- Reviewing investors guidelines/updates on a regular basis to stay current with investor requirements.
- Shadowing experienced Loan Officers and focusing on the development of professional sales skills.
- Preparing for NMLS Safe Act Exam.
This is an excellent opportunity to join one of the nation's most respected companies!
Qualifications
Does this describe you?
- Excellent organizational skills
- Excellent written and verbal communication skills
- Ability to manage/prioritize tasks in compliance with company policies and operating procedures
- Possess strong math aptitude
- Ability to juggle multiple tasks in a fast-paced work environment
- Ability to exercise discretion and independent judgement
Do you have these qualifications?
- Essential:
- Bachelor’s degree - In lieu of a degree, 3 years of mortgage processing or sales experience is acceptable
- Minimum 1-5 years previous related experience
- Experience with Microsoft Windows environment and strong computer skills
Toll Brothers Mortgage Company At A Glance
We are a subsidiary of Toll Brothers, Inc. (NYSE=TOL), the largest, most profitable publicly traded luxury home builder in the U.S.
TB Mortgage, America's Luxury Home Lender, provides home financing to buyers of Toll Brothers homes as well as to other clients. In 2023, our average loan amount was $515,000 with an average loan-to-value ratio of 64%. In addition, our clients' average credit score was above 750.
- We offer a broad product line with very competitive Conventional and Jumbo pricing.
- As new construction financing expects, we offer multiple long-term rate lock options, many with terms for up to 12 months.
- Our Loan Originators enjoy the exclusive advantage of Company-generated leads - 125,000 people per year fill out visitor cards at our new home communities throughout the nation.
To learn more about Toll Brothers Mortgage Company, please visit Toll Brothers Mortgage Company.
We offer a competitive base salary, excellent commission potential, and comprehensive benefits including medical, dental, 401(k) with a company match, discounted stock purchase, discounts on mortgages, homes, appliances, and much more!
Come see why Toll Brothers Mortgage has been attracting and retaining some of the best professionals in the industry!
APPLY ONLINE TODAY!
Toll Brothers is committed to ensuring equal employment opportunity. All employment decisions, policies, and practices are in accordance with applicable federal, state, and local anti-discrimination laws. Toll Brothers will not engage in or tolerate unlawful discrimination (including any form of unlawful harassment) on account of a person's sex (including pregnancy), age, race, color, religion, national origin, ancestry, citizenship, physical or mental disability, sexual orientation, gender nonconformity, status as a transgender individual, gender identity, genetic information, marital status, family responsibility, armed services, or any other status protected by law.
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