Mortgage Loan Officer

Company Description

Grupo Progresar LLC is a one-stop shop for individuals purchasing their first home or investing in real estate. The company focuses on helping clients overcome barriers to obtaining a mortgage. Grupo Progresar LLC aims to make home ownership more accessible to a wide range of clients. Team members contribute directly to improving clients’ financial stability and long-term housing outcomes.

Role Description

The Mortgage Loan Officer "MLO" is a 100% commission, remote role based in the state of Colorado. The MLO main responsibility is to help home buyers evaluate, apply for, and secure financing to purchase or refinance real estate.

Day-to-day tasks include:

• Evaluate Finances: Review income, debts, credit score, assets, and tax returns to see how much home the buyer can afford and calculate ratios like Debt-to-Income (DTI).
• Explain Loan Options: Guide the client through different loan types (such as conventional, FHA, VA, or fixed vs. adjustable rates) and help the client choose the best fit for their budget.
• Lock Interest Rates: Monitor market trends and advise on when to lock in the interest rate.
• Manage Paperwork: Collect and verify financial documentation and submit the package to processors and underwriters.
• Coordinate the Team: Act as the central point of contact, working alongside real estate agents, processors, and underwriters to keep the transaction moving toward closing day.
• Ensure Compliance: Make sure all federal and state lending laws and guidelines are met.

Qualifications

• Pass the Licensing test for the state of Colorado.
• No experience necessary. Training on the job is available.
• Strong customer service skills and a client-focused approach to resolving questions and concerns.
• Effective verbal and written communication skills for interacting with clients, team members, and external partners.
• Attention to detail, strong organizational skills, and proficiency with office software and mortgage-related systems.
• Ability to work unsupervised, remotely, and manage multiple files and deadlines in a fast-paced setting.
• Some other activities may be included on the role that are not included on this description. Please inquire when being interviewed.