loanDepot is looking for ACES - Loan Officer Training Program. (2024)

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Joining us as an ACES Lending Officer means embarking on a transformative journey where\u00A0you'll\u00A0undergo comprehensive training to ace the SAFE and National Licensing exams. Throughout the program,\u00A0you'll\u00A0not only develop a deep understanding of the lending landscape, covering\u00A0both\u00A0mortgages and HELOCS, but also collaborate closely with our experienced training & sales leadership teams. Our aim is to equip you with the necessary expertise to excel in the ever-evolving lending industry, laying the foundation for a successful and fulfilling career as a future Licensed Lending Officer.\u00A0\u00A0

\u00A0\u00A0\u00A0

Who We're Looking For\u00A0\u00A0

\u00A0\u00A0\u00A0

Our ideal candidate is someone who prioritizes customer satisfaction, is comfortable with technology, is\u00A0proactive, and excels at building strong sales relationships. While previous lending experience\u00A0isn't\u00A0necessary, we do require a proven sales record demonstrating the ability to meet and surpass sales targets.\u00A0\u00A0

\u00A0\u00A0\u00A0

Responsibilities:\u00A0\u00A0\u00A0

  • Dedication to Learning:\u00A0Embrace wholeheartedly a comprehensive training program tailored to cultivate expertise across the entire loan life cycle.
  • Sales Aptitude:\u00A0Ability to identify and pursue sales opportunities effectively.
  • Financial Acumen:\u00A0Understanding of basic financial concepts and mortgage products.
  • Adaptability:\u00A0Willingness to learn and adapt to industry changes and company policies.
  • Time\u00A0Management:\u00A0Capacity to prioritize tasks and meet deadlines in a\u00A0fast-paced environment.
  • Ethical Standards:\u00A0Commitment to maintaining high ethical standards in all interactions.
  • Technology Proficiency:\u00A0Comfort with using software for loan processing and customer management.
  • Customer Focus:\u00A0Dedication to delivering exceptional customer service throughout the loan process.

\u00A0\u00A0\u00A0

Requirements:\u00A0\u00A0

\u00A0\u00A0\u00A0

  • Sales Experience:\u00A0Minimum of 2 years of sales experience with a proven\u00A0history\u00A0of meeting and exceeding goals\u00A0is REQUIRED. Call center sales experience is highly preferred.
  • Location:\u00A0Must be able to commute to Scottsdale, AZ\u00A0full-time.
  • Licensing Requirements:\u00A0Must have the ability to pass the NMLS exam and meet mortgage requirements for obtaining state and national licenses.
  • Customer Focus:\u00A0Demonstrated ability to effectively connect with clients through phone presentations and cultivate strong client relationships.
  • Reliability:\u00A0Consistent attendance and punctuality are essential, with\u00A0a collaborator\u00A0attitude and a willingness to embrace coaching for continuous improvement.
  • Education:\u00A0A\u00A0bachelor\u2019s degree\u00A0is highly preferred.

\u00A0\u00A0\u00A0

Why work for #TeamloanDepot:\u00A0\u00A0\u00A0

  • Industry leader when it comes to training individuals effectively to join the mortgage industry.
  • Company provided leads, so you\u00A0don\u2019t\u00A0have to source your own referrals or\u00A0purchase leads with your own wallet.
  • Competitive compensation plan including hourly paid training.
  • Comprehensive benefits package including medical/dental/vision options, 401K matching, tuition reimbursem*nt, parental leave, and much more. (loanDepotlivewell.com).
  • Best in class leadership team to support you during the transition.

\u00A0\u00A0\u00A0

Base pay is one part of our total compensation package for an ACES Lending Officers. The base hourly rate for this role is $20/hour during training; in addition to a monthly per origination bonus incentive once you\u00A0are licensed\u00A0and talking to customers.\u00A0\u00A0\u00A0

\u00A0\u00A0\u00A0

Post ACES Training, you will move to our Licensed Lending Officer position which is comprised of an hourly minimum wage draw plus lucrative bonus structure based on fundings. If you were to transition to a Licensed Lending Officer\u2014there would be a new compensation structure shared at that time.\u00A0\u00A0

\u00A0\u00A0\u00A0

About loanDepot:\u00A0\u00A0\u00A0

loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.\u00A0\u00A0\u00A0

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.\u00A0\u00A0

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ACES - Loan Officer Training Program

Direct Sales | Scottsdale, Arizona

Apply

Description

Position at loanDepot

loanDepot is offering an incredible opportunity for individuals seeking a challenging yet fulfilling career in sales with a renowned industry leader. Our consumer direct sales approach boasts a team of over 350+ inside sales team members who cater to our valued customers nationwide. This is your moment to become part of something significant!

Joining us as an ACES Lending Officer means embarking on a transformative journey whereyou'llundergo comprehensive training to ace the SAFE and National Licensing exams. Throughout the program,you'llnot only develop a deep understanding of the lending landscape, coveringbothmortgages and HELOCS, but also collaborate closely with our experienced training & sales leadership teams. Our aim is to equip you with the necessary expertise to excel in the ever-evolving lending industry, laying the foundation for a successful and fulfilling career as a future Licensed Lending Officer.

Who We're Looking For

Our ideal candidate is someone who prioritizes customer satisfaction, is comfortable with technology, isproactive, and excels at building strong sales relationships. While previous lending experienceisn'tnecessary, we do require a proven sales record demonstrating the ability to meet and surpass sales targets.

Responsibilities:

  • Dedication to Learning:Embrace wholeheartedly a comprehensive training program tailored to cultivate expertise across the entire loan life cycle.
  • Sales Aptitude:Ability to identify and pursue sales opportunities effectively.
  • Financial Acumen:Understanding of basic financial concepts and mortgage products.
  • Adaptability:Willingness to learn and adapt to industry changes and company policies.
  • TimeManagement:Capacity to prioritize tasks and meet deadlines in afast-paced environment.
  • Ethical Standards:Commitment to maintaining high ethical standards in all interactions.
  • Technology Proficiency:Comfort with using software for loan processing and customer management.
  • Customer Focus:Dedication to delivering exceptional customer service throughout the loan process.

Requirements:

  • Sales Experience:Minimum of 2 years of sales experience with a provenhistoryof meeting and exceeding goalsis REQUIRED. Call center sales experience is highly preferred.
  • Location:Must be able to commute to Scottsdale, AZfull-time.
  • Licensing Requirements:Must have the ability to pass the NMLS exam and meet mortgage requirements for obtaining state and national licenses.
  • Customer Focus:Demonstrated ability to effectively connect with clients through phone presentations and cultivate strong client relationships.
  • Reliability:Consistent attendance and punctuality are essential, witha collaboratorattitude and a willingness to embrace coaching for continuous improvement.
  • Education:Abachelor’s degreeis highly preferred.

Why work for #TeamloanDepot:

  • Industry leader when it comes to training individuals effectively to join the mortgage industry.
  • Company provided leads, so youdon’thave to source your own referrals orpurchase leads with your own wallet.
  • Competitive compensation plan including hourly paid training.
  • Comprehensive benefits package including medical/dental/vision options, 401K matching, tuition reimbursem*nt, parental leave, and much more. (loanDepotlivewell.com).
  • Best in class leadership team to support you during the transition.

Base pay is one part of our total compensation package for an ACES Lending Officers. The base hourly rate for this role is $20/hour during training; in addition to a monthly per origination bonus incentive once youare licensedand talking to customers.

Post ACES Training, you will move to our Licensed Lending Officer position which is comprised of an hourly minimum wage draw plus lucrative bonus structure based on fundings. If you were to transition to a Licensed Lending Officer—there would be a new compensation structure shared at that time.

About loanDepot:

loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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loanDepot is looking for ACES - Loan Officer Training Program. (2024)

FAQs

How much does LoanDepot charge for appraisal? ›

You will pay for the appraisal; the typical fee is $300-$400 or more.

What loans does LoanDepot service? ›

LoanDepot is a mortgage lender that operates nationally with more than 200 branches and delivers digital and face-to-face service. The lender offers fixed- and adjustable-rate conventional mortgages, jumbo loans, FHA and VA loans, as well as refinance loans and HELOCs.

Does LoanDepot have prepayment penalties? ›

No prepayment penalty.

You can pay off or refinance a VA loan without any penalty. That means you won't have to pay out of pocket if you decide to sell your home or refinance your loan before the end of the term.

Does LoanDepot sell mortgages? ›

Redefining the Home Purchasing Experience

loanDepot offers consistent and secure low rate Jumbo mortgage programs with the ability to borrow higher amounts.

Does the appraiser know the loan amount? ›

The appraiser will most likely know the selling price of a home. Why? Because the standard appraisal forms require the appraiser to enter the information, thus the appraiser will have a copy of the purchase contract. However, unlike the purchase price, an appraiser does not know the loan amount.

Can you negotiate appraisal price? ›

Here are a couple things you can do to start negotiations: Check with your lender to see if a second appraisal can be requested. Note: You'll need to submit additional information to show the first appraisal was deficient. Approach the seller about reducing the asking price.

What is the reputation of LoanDepot? ›

LoanDepot is a legitimate lender that's licensed to offer a variety of home loan products throughout all 50 states. The company has been in business over a decade and has funded over $275 billion in loans.

What is the 90 day rule for Heloc? ›

No additional draws may be taken for 90 days following the closing date. As you repay the balance on the line, you may make additional draws during the draw period at the current interest rate.

Can you negotiate mortgage prepayment penalty? ›

You can always try to negotiate having it removed from the contract; ask your lender if they will waive the fee. If they agree, make sure you have it in writing. You can also ask your lender for a quote without the penalty, but remember, that might increase your interest rate.

What's going on with LoanDepot? ›

Although its investigation is ongoing, the Company has determined that an unauthorized third party gained access to sensitive personal information of approximately 16.6 million individuals in its systems.

Who owns LoanDepot? ›

LoanDepot was founded in 2010 by entrepreneur Anthony Hsieh, who had previously founded mortgage companies LoansDirect.com which he sold to E*Trade in 2001, and HomeLoanCenter.com, which he sold to LendingTree in 2004.

What is the credit score for LoanDepot? ›

LoanDepot's minimum credit score requirements are: 620 for conventional mortgages. 500 for FHA loans. 620 for VA loans.

What is loan appraisal fee? ›

On average, a single-family home appraisal costs around $700 – $1,000 while a multi-family home costs around $900 – $1,150. The appraiser can charge higher fees for larger homes. Type of Loan. Property appraisals for government-backed loans like FHA or VA range from $400 to $900 in California.

Why did my appraisal cost so much? ›

Location of the home

First, costs vary based on how far appraisers have to travel. Appraisers in rural states may charge more because of how far they have to travel. Second, in high-demand real estate markets, like California, appraisers may charge more because the need for appraisals is higher.

Do most appraisals come in at purchase price? ›

Real estate experts estimate between 10-20% of appraisals come in lower than the sale price. But in today's competitive housing market, more homes are selling with multiple offers and the chances of an appraisal gap is increasing.

Are home appraisals worth it? ›

Appraisals are necessary when buying and selling a home because banks won't lend money if the appraised value of the house is less than the loan amount. However, there are other times when an appraisal may be required or can help save you money.

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