Mortgage Loan Officer Assistant
| Verified Pay check_circle | Provided by the employer$60,000 - $80,000 per year |
|---|---|
| Hours | Full-time |
| Location | Overland Park, KS 66210 Overland Park, Kansas open_in_new |
About this job
Job Description
We are seeking a driven and detail-oriented Mortgage Loan Officer Assistant to manage borrower prequalification, pre-approvals, and pipeline execution for a high-performing mortgage team. The Mortgage Loan Officer Assistant plays a critical role in ensuring loans are structured properly, communicated clearly, and closed on time.
This role works closely with the Loan Officer, borrowers, processors, underwriters, and third-party partners to maintain 95%+ on-time closings while delivering a concierge-level borrower and referral partner experience.
Compensation: $60,000 - $80,000 base salary with potential per-file bonus, based on performance and team structure.
Compensation:$60,000 - $80,000 DEO + bonus potential
Responsibilities:
Prequalify
- Serve as an available resource for referral partners
- Engage in soft qualification conversations to help assess general borrower readiness and scenario viability
- Answer referral partner questions such as: condo warrantability, bank statement borrower scenarios, and recasting and general loan structure questions
- Communicate effectively with all referral partners (Realtors, financial advisors, builders, and other partners) using clear, accurate, and compliant language
Pre-Approve
- Accurately pre-approve qualified borrowers
- Prepare payment and scenario requests
- Proactively engage pre-approved buyers
- Communicate effectively with referral partners
Pipeline Management
- Onboard all new contracts for rate lock consultation
- Submit applications for processing for disclosures
- Execute borrower updates, pre-closing, and funding calls
- Ensure 95%+ of loans close on time
- Resolve 95%+ of loan issues prior to LO escalation
Essential Duties of This Position
Prequalify
- Act as an available resource for referral partners when the Loan Officer is unavailable
- Engage in soft qualification conversations to assess general borrower readiness and overall scenario viability
- Respond to referral partner questions related to: Condo warrantability, bank statement borrower scenarios, recasting, and general loan structure questions
- Communicate clearly, accurately, and compliantly with all referral partners, including Realtors, financial advisors, builders, and other strategic partners
Pre-Approve
- Communicate approval terms clearly to borrowers. Issue supplemental pre-approval documentation
- Notify Realtors immediately after issuing approvals
- Expedite rush pre-approval requests
- Flag red flags to the LO or Team Captain
- Dedicate weekly time to proactive pre-approval outreach
Pipeline
- Perform daily pipeline “gauge checks”
- Attend pipeline meetings and milestone reviews
- Deliver consistent borrower and Realtor updates
- Review Closing Disclosures for accuracy
- Conduct pre-closing and congratulatory funding calls
- Provide post-closing support and urgent after-hours assistance
Additional Role Expectations
- Maintain high professionalism in all written and verbal communication
- Act as a concierge between borrowers and business partners
- Consistently exceed borrower and referral partner expectations
Qualifications:
- Active NMLS license is required
- Minimum 2 years of mortgage loan officer assistant, processing, underwriting, or origination experience
- Proficient in DU/DO, LP, and investor guidelines
- Experience with major LOS platforms
- Strong verbal and written communication skills
- Excellent organization, prioritization, and time management
- Ability to collaborate across departments
- Completion of regulatory and compliance training
About Company
Led by John Markman (nationally ranked top 1% mortgage originator), our team brings over 15 years of experience in real estate and mortgage finance. At Fairway Home Mortgage, we specialize in providing custom mortgage solutions for a wide range of borrowers, including complex loan structures that many lenders cannot handle.
Our team operates with four core values:
- Humility First
- People Over Profit, Always
- Passion to Serve – Our clients and Business Partners
- Create an Amazing Experience
We run lean, move fast, and stay focused on creating wins for clients, referral partners, and the team.
We’re looking for professionals who are:
- Hungry to learn
- Eager to perform
- Driven by purpose
If you thrive in a high-performance, high-impact environment, we would love to connect.