Junior Mortgage Loan Officer: in Pre-Approvals

Description

OUR CULTURE

Fountain is passionate about creating exceptional client experiences and a strong company culture. We provide home loans with personalized service and believe home is the starting point for love, hope and dreams. Our team serves clients and one another with integrity, honesty and transparency while pursuing high standards, meaningful connection and a little fun along the way. At Fountain Mortgage, we believe in the relentless pursuit of home.

OVERVIEW

The Jr. Loan Officer (Jr. LO) is a licensed origination-support role designed to expand the production capacity of one or more Senior Loan Officers. The Jr. LO provides pre-approval analysis, financing and program research, pricing and scenario support, and delegated origination activity at the direction of the Sr. Loan Officer. When origination demand allows, the Jr. LO focuses available capacity on proactive revenue-producing activity such as database outreach, mortgage reviews, refinance prospecting, lead follow-up, and referral-partner reconnection.

The Jr. LO does not serve as an LOA and does not own routine pre-approval setup, document collection, post-contract pre-processing, or file-preparation responsibilities.

Requirements

MAJOR Responsibilities

Lead, Application & Pre-Approval Management

• Contact and follow up with assigned borrower leads and opportunities in a timely and professional manner.
• Conduct mortgage consultations and complete or review loan applications when specifically directed by the Sr. Loan Officer.
• Review application data and loan information prepared through the initial pre-approval setup and identify items requiring additional analysis or clarification.
• Assist with borrower documentation needs for pre-approval when requested; routine document requesting and collection is owned by the LOA.
• Review and analyze borrower income, assets, liabilities, and credit to determine qualifying eligibility and support the pre-approval decision.
• Run and review AUS findings and identify applicable documentation, program, or guideline requirements.
• Complete pre-approval analysis, research applicable financing programs and guidelines, and prepare or communicate pre-approval decisions and letters within company procedures and delegated authority.

Financing, Pricing & Scenario Support

• Prepare payment scenarios, cost estimates, pricing comparisons, and financing options at the direction of the Sr. Loan Officer or as part of delegated origination responsibilities.
• Research Conventional, FHA, VA, agency, investor, and program guidelines as needed.
• Research investor overlays and unique financing scenarios and escalate complex questions when appropriate.
• Communicate rates, pricing, payment scenarios, loan products, and financing information within the scope of applicable licensing and company requirements.
• Partner with the Sr. Loan Officer on financing strategy while following company pricing and approval requirements.

Delegated Origination & Borrower Communication

• Perform origination activities as directed by the Sr. Loan Officer, including the ability to manage a borrower from initial lead contact through pre-approval when delegated.
• Serve as a borrower-facing originator and provide clear, timely communication throughout the assigned portion of the mortgage process.
• Follow up with pre-approved borrowers and maintain engagement through their home search or refinance decision.
• Coordinate with the Sr. Loan Officer regarding borrower strategy, relationship considerations, and opportunities requiring Sr. Loan Officer involvement.
• Maintain detailed and accurate notes regarding borrower communication and origination activity in company systems.

Database, Lead & Referral Partner Development

• Use available capacity for proactive revenue-producing activity rather than routine LOA or file-preparation work.
• Contact past clients and database opportunities for mortgage reviews, refinance opportunities, and other financing needs.
• Reconnect with inactive or former referral partners as directed by the Sr. Loan Officer.
• Follow up with assigned leads, opportunities, and business-development campaigns.
• Identify opportunities for Sr. Loan Officer follow-up and maintain accurate CRM activity and notes.
• Support other approved prospecting and relationship-development activities designed to increase production.

Post-Contract Handoff & Team Collaboration

• Provide a complete and organized handoff to the assigned LOA or Loan Partner once a borrower is under contract or otherwise reaches the company's…