Mortgage Loan Officer at Tomo

New York, New York, United States

Tomo Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Mortgage, LendingIndustries

Requirements

  • NMLS MLO License (required)
  • Residential mortgage lending experience (2+ years and active licenses)
  • World class at taking buyers from “hello” to “keys in hand”; fearless in pursuit of excellence
  • Communication expert (externally with clients/agents and internally with team)
  • Ability to build relationships quickly with all parties
  • Balancing a “hunter” and “gatherer” mindset
  • Industry knowledge of loan products and pricing strategies
  • Knowledge of Desktop Underwriter (DU) & Loan Prospector/Loan Product Advisor (LP/LPA)
  • Multitasking and staying organized while balancing high quantities of transactions
  • Perceiving problems and anticipating needs of customers, real estate agents, or partners
  • Drive to build something new; detail-oriented with strong focus on quality
  • Preferred Qualifications
  • Experience in a tech startup environment

Responsibilities

  • Advise prospective homebuyers and guide them through the home financing process
  • Work hand in hand with internal sales/operations teams to ensure smooth loan manufacturing
  • Manage a pipeline of warm leads and convert them into closed business
  • Be creative and solution-oriented; identify solutions for customer unique needs using a consultative approach
  • Be compliant; adhere to investor guidelines for all documents required for underwriting submission
  • Quote rates and guidelines with accuracy and fairness
  • Become an expert in POS, CRM, and LOS systems to facilitate efficient and accurate processes

Skills

Key technologies and capabilities for this role

NMLS MLO LicenseMortgage Loan OriginationSales Pipeline ManagementCustomer ConsultationLoan ProcessingComplianceInvestor GuidelinesRate QuotingConsultative SellingUnderwriting

Questions & Answers

Common questions about this position

What is the work arrangement for this role?

This is a full-time hybrid position requiring in-office work Monday through Wednesday and remote work Thursday through Friday. The location is New York, NY, with relocation assistance available.

What are the required skills and experience for this Mortgage Loan Officer role?

Candidates must have an NMLS MLO License, 2+ years of residential mortgage lending experience, strong communication skills, ability to build relationships quickly, industry knowledge of loan products and pricing, and knowledge of Desktop Underwriter (DU) & Loan Prospector/Loan Product Advisor (LP/LPA). Additional key traits include a hunter-gatherer mindset, multitasking, problem perception, and a drive to build something new.

What is the salary or compensation for this position?

This information is not specified in the job description.

What is the company culture like at Tomo?

Tomo fosters a high-performance environment where elite performers associate with other elite performers, building the most effective sales organization in America with a focus on customer-centric, tech-driven processes.

What makes a strong candidate for this Mortgage Loan Officer position?

A strong candidate has 2+ years of residential mortgage lending experience with an active NMLS MLO License, excels at guiding buyers from 'hello' to 'keys in hand,' is a communication expert, builds relationships quickly, and has a fearless pursuit of excellence with a drive to build something new, preferably with tech startup experience.

Tomo

Token-based social platform for creators

About Tomo

Tomo Inc. operates a platform called Astro that enhances social interactions between creators and their supporters in the Web3 space. Astro provides features like direct messaging, private rooms, and personalized feeds, all secured by blockchain technology. The platform uses tokens to create unique engagement opportunities, allowing supporters to access exclusive content and privileges based on their token holdings. Tomo targets the rapidly growing creator economy, which includes individuals and small businesses generating income through content creation. The company employs a freemium business model, offering basic features for free while charging for advanced features and premium content, often paid for with tokens. Tomo's goal is to reshape how creators and their audiences connect and engage.

None, CaliforniaHeadquarters
2020Year Founded
$3.4MTotal Funding
SEEDCompany Stage
Consumer Software, Crypto & Web3Industries
11-50Employees

Risks

Blockchain technology evolution may outpace Tomo's current platform capabilities.
Intensifying regulatory scrutiny on token-based transactions poses compliance challenges.
Volatility in cryptocurrency markets affects Tomo's token-based revenue model.

Differentiation

Tomo integrates AI and blockchain for a seamless home-buying experience.
Astro platform offers token-based social interactions for creators and supporters.
Tomo's multi-chain wallet enhances digital asset management within Telegram.

Upsides

Tomo raised $3.5 million in seed funding led by Polychain Capital.
Growing creator economy boosts demand for platforms like Astro.
Increasing interest in SocialFi platforms enhances Tomo's market potential.

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