Mortgage Loan Officer

Company Description

Summit Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders.  When Todd Scrima, our owner and CEO founded our company in 1995 his dream was not to be the biggest, but to strive to be the best.  Our growth mindset, positive culture, and history of stability are just a few things that position our company as a leader in the mortgage industry.

Benefits and Perks:

• We offer a competitive compensation structure
• Professional and financial growth through building teams
• Working with a collaborative team, strong operational support, and local sales leadership
• Professional coaching and mentoring from Todd Scrima personally
• Full benefits including 401K with a match

Job Description

At the core of Summit Funding’s values is a partnership.  We partner with communities, our home buyers, our referral partners, and our employees, and we’d love to explore partnering with you as a celebrated addition to our team of successful Mortgage Loan officers. 

The strength and success of our partnerships are evidenced in our ranking year after year as a top 50 national mortgage lender.  It is our job to make sure you succeed. You will have direct access to Leadership, highly skilled trainers, coaching, a cutting-edge marketing team, top-of-the-line technology and recruiting support, in-house processing, superior underwriting, and closing teams along with additional knowledgeable support staff to help you grow your business.

Summit Funding is expanding in Tennessee. We are now hiring for experienced but growth-minded Loan Officers in the Knoxville area. 

What our Loan Officers are responsible for:

• Fostering a culture of collaboration, trust, support, and best-in-class service
• Serving as subject matter expert on the mortgage process and product knowledge.
• Analyzing local mortgage needs and remaining up to date on local real estate market trends, forecasts, account analyses, and the competitive landscape.
• Possessing a working knowledge of Conventional and Government loan products
• Developing long-term relationships with realtors, homebuilders, and other self-generated purchase-focused referral sources through daily, weekly, and monthly touches. 
• Originating and closing residential home loans.

Summit Funding's compensation structure provides you the opportunity to earn based on your performance. 

Depending on experience and location Summit Funding Loan Officers may be classified as outside sales exempt employees and are paid 100% commissions on the loans originated and closed, or non-exempt employees and are paid minimum wage as a factor of commissions on the loans originated and closed.  The commission rate ranges between 50 to 150 basis points per loan depending on position, experience, and location.

Qualifications

• Must be currently licensed with NMLS with stable work history
• Recent loan production (verified through MMI, Modex or other source), averaging beween 2 to 4 loans per month with a focus on purchase loans.  Self-sourced leads highly preferred.
• Must have an extreme drive and work ethic, a want to grow, and the willingness to follow a proven success plan to get there.
• Must be able to cold call new contacts without fear.
• Must possess great character.
• The ability to report in person to our Knoxville, TN office Monday through Friday.  

Additional Information

All your information will be kept confidential according to EEO guidelines.