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Loan Officer/Broker
| Details |
Country: USA
Location: San Diego CA
Total applied: 33
Location:US-CA-San Diego
Base Pay:$120,000 - $175,000/Year
Employee Type:Full-Time Employee
Industry:Mortgage Banking - Financial Services
Manages Others:no |
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Loan Officer/Broker
The largest brokerage firm in San Diego just purchased another level in their beautiful beachside building and they need to fill those spaces.
Position: Loan Officers/Brokers
MUST HAVE – NO EXCEPTIONS
-College Degree (No recent college grads)
-At least 2 years of successful sales experience with a Fortune 500 company
-Very aggressive – (this is not an easy job)
-Smart and Outgoing
-Willing to work long hours
-Stability
Compensation:
AFYE – 120,000 – 175,000
Average 2nd Year – 175,000 – 250,000
Average 3rd Year – 300,000 – 400,000
Top Employees earning over ˝ a million per year
Car allowance: $800 per month after 1 quarter reaching $100,000. Must stay above $100,000 to continue receiving car allowance.
Vacation bonuses: $2500 bonus for over $125,000 in net proceeds in 1 quarter.
$10,000 bonus if over $220,000 in net proceeds in ONE quarter. (Not combined with prior bonus.)
Other Bonus: $1000 bonus for any closing (1 loan or 2 loans concurrently) over $20,000 in net proceeds.
Why this company:
-Has dubious honor of functioning as a bank and brokerage
-Company focuses on different segment of industry where rate is not important, rather the structure of the deal
-Has Contracts with hundreds of banks
-Highest overall closing rates in the country
-Highest net income for loan officers on average than any other company in the country
-All sales manager’s have a Master’s Degree
-Company spends 3X as much in advertising than their competitors
-Base salary to ramp up
-Great incentives
-Corporate Training
REQUIREMENTS
The largest brokerage firm in San Diego just purchased another level in their beautiful beachside building and they need to fill those spaces.
Position: Loan Officers/Brokers
MUST HAVE – NO EXCEPTIONS
-College Degree (No recent college grads)
-At least 2 years of successful sales experience with a Fortune 500 company
-Very aggressive – (this is not an easy job)
-Smart and Outgoing
-Willing to work long hours
-Stability
Compensation:
AFYE – 120,000 – 175,000
Average 2nd Year – 175,000 – 250,000
Average 3rd Year – 300,000 – 400,000
Top Employees earning over ˝ a million per year
Car allowance: $800 per month after 1 quarter reaching $100,000. Must stay above $100,000 to continue receiving car allowance.
Vacation bonuses: $2500 bonus for over $125,000 in net proceeds in 1 quarter.
$10,000 bonus if over $220,000 in net proceeds in ONE quarter. (Not combined with prior bonus.)
Other Bonus: $1000 bonus for any closing (1 loan or 2 loans concurrently) over $20,000 in net proceeds.
Why this company:
-Has dubious honor of functioning as a bank and brokerage
-Company focuses on different segment of industry where rate is not important, rather the structure of the deal
-Has Contracts with hundreds of banks
-Highest overall closing rates in the country
-Highest net income for loan officers on average than any other company in the country
-All sales manager’s have a Master’s Degree
-Company spends 3X as much in advertising than their competitors
-Base salary to ramp up
-Great incentives
-Corporate Training
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