Live opening · Posted 11 days ago
At a glance
The key details from the original listing.
Your early-applicant advantage
Live timing from JobBeeper.
About the role
Description supplied by the original job listing.
Job description
ARE YOU a Producing Loan Officer who is looking to increase your earnings? Receive lead generation assistance? Sales & Marketing assistance? Tired of only working with 1 lenders rates?
Here at GoRascal, we pay extremely high commission splits to our Mortgage Loan Originators with 250 – 275bps per unit/loan (No hidden fees)! Within Our growing team of MLOs, the average Loan Officer produces 2.5 loans per month with the assistance of our Sales support team & lender partners.
Why join GoRascal?
High commission split with no padding on wholesale rates and discounted pricing from our top lenders
Great wholesale pricing with Key Account status from UWM and other leading lenders
Ability to build teams and receive long-term residual income
No origination or lender fees to our clients
Fast turn times, our average file is clear to close in 15 calendar days or less
Multi-State Licensing
Complete onboarding training, online and in-person including paid hotel and airfare for Success Track Training
Inside support forums to get your questions answered
Weekly webinars on various sales and training topics
401K, Medical, DAILY Direct Deposit
Who works well in this model?
Seasoned professionals who already have referral sources established (we do not train new Loan Officers)
MLO’s switching from small brokers who do not receive volume discounts or Key Account perks, volume always wins
MLO’s switching from retail and correspondent who no longer enjoy losing deals to brokers (no fees at GoRascal, substantially lower pricing)
MLO’s switching from retail and correspondent realize that since they self-generate their own business, they deserve the highest splits in the industry
MLO’s who no longer wish to attend training sessions from Regional and Branch Managers who try to convince them that rates don’t matter, and service is all that counts (even though the underwriting turn times are often 5 times longer what brokers have)
MLO’s now realize that “brokers NOT having control over the file” is a lie. How about a 3-day submission to clear to close for control?
Marketing and Tools:
Personal Websites, 3 different options for online applications
Mobile App that allows the client and realtor to generate their preapproval letter
Brand 360 – full marketing and client relationship experience.
Brand Builder – create completely customizable marketing materials.
Client Connect – completely automate your borrower communications
GoRascal - Connect – on-demand support community
Marketing Calendar- schedule social media posts up to 30 days in advance
Automated Surveys to all closed clients
Discounted Continuing Education
Client Loyalty Manager
Much More
Products and Programs
Run DU and LP with one click, and pick the one that’s best for your loan
Elite and Discounted Mortgage Insurance
All Fannie, Freddie, FHA, VA, USDA, Reverse, and HELOC’s on the market
Nationwide HELOC
Many outlets for Niche and Non-QM Programs
Competitive Jumbo
Processing Support
All commissioned-based processors are just as motivated to get a clear to close as you are. Processors call the clients, clear all conditions and get the deal done ahead of schedule.
Requirements:
MUST HAVE(S)
Active NMLS#
An active book of business
Ability to self-source production
Qualifications:
3-5 funded closed loans within the last 6 months
Work arrangement
Yes
More openings worth a look
Recently tracked roles with full details and direct application links.