Loan Originator

Palo Alto, California, United States

Apply with AI Apply

Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Mortgage LendingIndustries

Requirements

Candidates must possess a Mortgage Loan Originator License and have at least 2 years of mortgage origination experience. A strong knowledge of Conventional Conforming and Jumbo guidelines, along with a solid understanding of state and federal lending regulations, is required. Extensive knowledge of customer service and intrapersonal best practices is also necessary. Familiarity with state-specific licensing and NMLS, as well as federal and state regulations like TRID and HMDA, is essential. A deep understanding of mortgage loan products and underwriting guidelines, excellent organizational skills, and the ability to work independently and collaboratively are expected. Demonstrated communication and influencing skills, intellectual curiosity, and prior experience in wholesale and/or correspondent channels are also valued.

Responsibilities

The Loan Originator will build rapport with clients and agents to identify needs and increase market presence. They will use technology to guide clients through the mortgage process, answer questions, collect documents, and verify information. Providing exceptional client service, advising on purchase or refinance processes, and responding to prospect inquiries are key duties. The role involves achieving sales goals, collaborating with operations, compliance, and technology teams to optimize workflows, and ensuring compliance with all federal and state regulations. Adopting company values and contributing to a positive work environment are also expected.

Skills

Mortgage Lending

Client Service

Sales

NMLS

TRID

HMDA

Federal Regulations

State Regulations

Wealthfront

Automated investment and wealth management services

About Wealthfront

Wealthfront provides financial services aimed at helping individuals grow their wealth through a digital platform. Its main offering is an automated investment platform that utilizes robo-advisors—algorithms that manage and invest client funds for long-term growth. This service is complemented by a high-yield cash account that offers a competitive 5.00% APY for short-term savings, provided through partner banks. Additionally, Wealthfront offers a diversified bond portfolio, allowing clients to earn dividends with tax advantages, and a platform for discovering and purchasing stocks to facilitate quick and strategic investment decisions. Unlike many traditional wealth management firms, Wealthfront focuses on automation and ease of use, making financial services accessible to a broader audience. The company's goal is to simplify wealth management and help clients maximize their financial potential.

Palo Alto, CaliforniaHeadquarters

2011Year Founded

$198.9MTotal Funding

SERIES_ECompany Stage

Fintech, Financial ServicesIndustries

201-500Employees

Benefits

Free lunches, snacks, coffee

Receive 1:1 mentorship

Caltrain pass, an additional transportation stipend, and relocation bonuses

Monthly wellness reimbursement

Discretionary time off policy and offer 16 weeks of paid parental leave

Comprehensive medical, dental and vision coverage

Risks

Increased competition from robo-advisors and traditional institutions may erode market share.

Free wire transfers could increase operational costs without boosting revenue.

Expansion into stock trading faces competition from established platforms like Robinhood.

Differentiation

Wealthfront offers a high-yield cash account with industry-leading 5.00% APY.

The company provides a diversified bond portfolio with tax advantages and no maturity dates.

Wealthfront's automated investment platform uses award-winning algorithms for long-term wealth growth.

Upsides

Wealthfront's cash account now offers up to $8 million in FDIC insurance.

The company has reached $50 billion in client assets, indicating strong growth.

Increased demand for AI-driven financial advice aligns with Wealthfront's robo-advisor services.

Land your dream remote job 3x faster with AI

Try Jobo Free