Loan Officer / Loan Originator

Job Description: We are currently hiring for RETAIL loan officers/originators in our Pomona, Riverside, Temecula, Tustin, Long Beach, Encinitas, Vista, Camarillo and Lake Forest offices. Loan Officer/Loan Originators employed with First Horizon are called Relationship Managers. The Retail Relationship Manager (loan officer/originator) is the main channel in which the products and services of First Horizon Home Loans (FHHL) are delivered. The position is responsible for the ongoing promotion and sale of financial products & services (including cross sell) and solicitation of new business. This position normally reports to the retail branch manager.

Job Duties and Responsibilities The Relationship Manager originates prime and non-prime mortgage loans (A paper, Alt A, sub prime, builder products (OTC)) through self generated solicitation of builder/developers, real estate brokers/agents, and possibly, financial institutions by selling the advantages of the company. The Relationship Manager may also receive business from past clients, referrals and various self generated marketing programs.
Calls on trade organizations to obtain FHA/VA or conventional applications.Cross sells FTN services to all customers while working closely with company’s Cross Sell coordinators.Follows through loan process till closing by working within fairly standardized methods/processes and utilize company standard rates as outlined by their region.Performs and documents complete interview with applicants while obtaining and providing all required documentation as applicable to sales process.Establishes and/or maintains customer database files.Promotes FHHL through involvement in community activities and organizations.

One of only 24 companies to be nominated every year since 1998 as “One of the Top 100 Companies to Work for” by Fortune magazine!

Benefits: On the 1st day of the month following your 1st day of employment you are eligible for: Group life insurance. medical, dental, prescription, childcare discounts, long-term disability, flexible spending accounts, employee assistance, checking, savings, Mayo clinic resources. After 90 days – tuition reimbursement. After 1 year – family leave, 401K match, short term disability, flexible dollars. ALL EMPLOYEE'S ARE W'2 NOT 1099.
Office Environment: In house processing, closing and underwriting in Temecula, Tustin and Vista. In house processing and closing in Pomona, Encinitas, Lake Forest, Camarillo, Long Beach. DU & LP. If DU approves the loan, doc's can be drawn in the office. Loan Officer Plus (LOP) is our loan officer program and TMO is our processing program. NOTE: LOP is being upgraded to Presto beginning in Spring 2006.
Marketing: We have a HUGE on-line marketing department for all your marketing needs. We design all originator's their own personalized website with an on-line 1003 application at no charge! We also have First Person – a powerful, proven relationship marketing campaign that makes it easy for you to keep in touch with your prospects, customers and business partners.
Additional Information:
Company retains 95% of servicingTrailing annuity and referral income programPresident’s Club for top producersTraded on the NYSE under the symbol “FHN”We also include the Loan Officer’s name, phone number and email address on every monthly mortgage statement.Pay structure/compensation:
For top producers, an aggressive sign on bonus MAY be negotiated depending on past/present proven productionForgiveable and nonforgiveable draws MAY be negotiated depending on past/past proven production
Generous commission plansOveragesFull tier paid whether the loan is a Purchase, Refi or Refi from portfolioNo territoriesAbility to broker out all brokered out loans are paid at 50bpsBenefitsLaptopsOur Programs: Over 300 in house programs (through variations) with the ability to also broker out. The following is short list of some of our programs:
One time close (OTC) construction loan with no fee option40 year mortgageReserve a rate fixed interest funds for Realtors80/20 stated down to 620Bond loans
Super Jumbo up to 5 MillionPay option ARM’s100% stated 80/20 with HELOC80/10/10 no PMI3/1; 5/1; 7/1; 10/1 fixed & intermediate ARM’sSub prime, Alt-A loans, HELOC's, 2nd's, NHF, MCC, non-owner seconds, FHA, VA & ConventionalSuper Simple productsCan do loans in other states as well (where FHHL is approved to lend – currently 46 states)Plus more!!Please submit your confidential resume to [Click here for email] or fax to efax # 702-447-5702
REQUIREMENTS
Job Qualifications/Requirements: Travels to local, regional and headquarter locations as necessary. Completes such other activities as required to meet obligations of position. Works closely with all office personnel to ensure smooth processing of customer files. Demonstrated ability to solicit new business and cross sell products and services. A minimum of 1 year experience in the mortgage industry in a sales/production role, support position, real estate agent sales experience or 100% commission sales position is preferred.