Mortgage Loan Advisor, MLA

Mortgage Loan Advisor (MLA)
USA Remote
Employment Type: Commission-based/W2
Compensation:
100% commission
Typically paid 1.25%–1.75% of loan volume100% remote
Leadership believes top performers can substantially increase production and earnings through Momentum's model
POSITION PURPOSE:
As a Mortgage Loan Advisor at Momentum Mortgage Group, you are the trusted guide and financial expert for homebuyers and homeowners. You play a pivotal role in capturing leads, staying current with all lending criteria, understanding borrower goals, and driving successful loan originations. As the front-line representative of Momentum, you uphold our brand of trust, service, and modern mortgage expertise
OVERALL OBJECTIVE:
To originate mortgage loans in compliance with federal and state regulations, while delivering exceptional borrower experiences, building long-term relationships, and achieving personal and team production goals
KEY RESPONSIBILITIES AND DUTIES:
Marketing and Prospecting:
Promote both yourself and the Momentum brand online and offline
Generate leads using a mix of digital tools, personal outreach, networking, and marketing
Utilize company-provided CRM, SMM, and marketing collateral to maximize visibility
Create and request compliant digital and print marketing materials as needed
Attend networking events and establish professional referral partners
Client Engagement & Lead Conversion:
Initiate contact with new leads from various sources (referrals, social media, website, etc.)
Conduct discovery calls to understand borrower goals, timelines, and loan needs
Educate clients on loan options and requirements, acting as a trusted advisor
Design loan solutions and garner borrower agreement
Guide borrowers to complete loan applications via our loan origination system (LOS)
Collaborate with the Licensed Mortgage Specialist (LMS) to ensure smooth document collection and application accuracy
Loan Structuring & Presentation:
Collaborate with LMS to get essential client and 3rd party data to confirm lending options
Once pre-qualified, present tailored solutions that meet borrower compliant qualifications
Address any borrower questions and secure commitment to proceed
Relay all final decisions and design (product, lock, pricing, registration) for LMS execution
Ensure applicants have team contact info and sign initial disclosures in a timely manner
Loan Submission & Processing Oversight:
Ensure that all automated milestone updates are being sent to all interested parties associated with the loan
Monitor the loan file through underwriting to keep borrowers informed and engaged
Resolve borrower's questions or concerns, ensuring complete borrower's confidence
Closing & Post-Closing:
Confirm final loan terms with borrowers and assist with scheduling closings
Attend closings when possible to enhance borrower relationships and reinforcing loyalty
Collect testimonials and encourage online reviews to support brand reputation
Transition closed borrowers into post-closing nurture campaigns
Long-Term Relationship Building:
Stay engaged with past clients through CRM campaigns and personal outreach
Monitor market shifts (rate drops, equity growth) to identify opportunities for past clients
Leverage long-term relationships to generate referrals and repeat business
Performance & Growth:
Track personal production metrics (lead conversion, pipeline velocity, quote-to-close ratios)
Participate in sales sessions, company events, and internal training on industry/marketing
Stay current with changes in loan programs, compliance, technology and best practices
QUALIFICATIONS AND SKILLS:
Comprehensive knowledge of mortgage programs (Conventional, FHA, VA, Non-QM, etc.)
Consultative and client-centered communication style
Proficiency with LOS, CRM, Pricing engines, and digital lending tools
Highly organized, self-motivated, and detail oriented
Must desire to grow personally and professionally and willingness to apply effort
Education and Experience:
Bachelor's degree in business or related field (preferred)
Active NMLS license in a licensed state (required)
Minimum of 2 years of mortgage loan origination experience
Performance Evaluation Criteria:
Achievement of individual loan volume and revenue goals
Compliance with company policies and regulatory requirements
Borrower satisfaction scores, retention and testimonials collected
Contribution to company culture and promotion of brand reputation
Authority & Decision Making Scope:
Recommend and structure loan options within company guidelines
Submit loans for processing and collaborate with the team for improving client experience
Leverage company resources to grow personal brand and loan volume
We are an equal opportunity employer, and we are an organization that values diversity. We welcome applications from all qualified candidates, including minorities and persons with disabilities.
req26-00668

Work arrangement
Yes