Home Equity Specialist

Position Overview

The Home Equity Specialist is responsible for originating high-quality home equity line of credit (HELOC) loans by effectively communicating with customers, gathering documentation, evaluating applications, and closing approved loans.

• Meet and exceed assigned loan production goals and targets; maintain pipeline management reports and forecast future opportunities
• Prospect for new HELOC customers through inbound call campaigns
• Educate customers on HELOC products and eligibility requirements
• Gather financial documents and process loan applications
• Evaluate applications based on credit worthiness, income verification, asset valuation, etc.
• Present completed packages for underwriting approval
• Coordinate closings with settlement agents and title companies
• Ensure compliance with all applicable lending laws and regulations
• Participate in continued education and training as required
• Perform other duties as assigned

• 2+ years of experience as a loan officer, preferably with HELOC expertise
• Bachelor's degree in finance, business or related field preferred
• Strong communication, sales, and relationship building skills
• Proficiency with loan origination/processing software systems
• Knowledge of lending guidelines, laws and regulations
• Ability to multi-task and prioritize in a fast-paced environment
• Detail-oriented with strong documentation and problem-solving abilities
• Must possess, or have the ability to possess upon hire, a Mortgage Loan Originator (MLO) license per the SAFE Act; may be asked to become licensed in multiple states

28.8 5 per hour plus bonus

Job duties include additional responsibilities as assigned by one's supervisor or other managers related to the position/department. This job description is meant to describe the general nature and level of work being performed; it is not intended to be construed as an exhaustive list of all responsibilities, duties and other skills required for the position. The Company reserves the right at any time with or without notice to alter or change job responsibilities, reassign or transfer job position or assign additional job responsibilities, subject to applicable law.

The Company shall provide reasonable accommodations of known disabilities to enable a qualified applicant or employee to apply for employment, perform the essential functions of the job, or enjoy the benefits and privileges of employment as required by the law.