Loan Officer

Job Description: Loan Officer at Arch Capital Company Overview: Arch Capital is a rapidly growing non-QM (Non-Qualified Mortgage) lending company focused on providing innovative financial solutions for investors. We specialize in non-agency mortgage products, leveraging our expertise in underwriting, compliance, and risk management to support diverse lending needs. Position: Loan Officer Job Summary: As a Loan Officer at Arch Capital, you will play a critical role in expanding our non-QM lending operations. You will be responsible for originating and managing mortgage loans tailored to the needs of investors, utilizing alternative income verification methods to qualify borrowers. Benefits: • Competitive salary and commission structure • Opportunities for professional growth within a leading mortgage company. Join Arch Capital and contribute to our mission of providing innovative lending solutions to investors in the dynamic non-QM market. Responsibilities: • Establish and maintain relationships with realtors, bank officers, builders, and the community at large in order to retain existing and attract new business • Ensure all phases of the loan process are performed in accordance with regulatory and company guidelines • Maintain an active rolling pipeline of funding per our guidelines • Assist borrowers in selecting loan programs that best fit their financial goals and needs • Oversee all customer interactions and ensure a smooth transaction by interfacing with realtors, processors, and underwriters • Originate and manage non-QM loans, focusing on investor clients. • Evaluate borrower financial information to determine eligibility for non-agency loan products. • Collaborate with underwriters and compliance teams to ensure adherence to company guidelines and regulatory requirements. • Develop and maintain relationships with clients and referral partners to drive business growth. Qualifications: • Bachelor's degree in business, finance, banking, real estate, or a related field • Office Suite knowledge and loan originating software such as Calyx, Experian, or LendingWise preferred • Possess excellent written and verbal communication skills, superb interpersonal and customer service skills, and exceptional decision-making ability • Knowledge of FHA, VA, USDA, conventional, fixed/ adjustable loans, Bridge Loans, Non-Conforming Loans, FNMA and FHLMC, and Home Equity Lines of Credit • Multiple years of real estate, mortgage origination, or lending required • Proven experience as a loan officer or similar role in mortgage lending. • Strong understanding of non-QM loan products and alternative income verification methods. • Excellent communication and interpersonal skills. Compensation: $70,000 - $100,000 yearly • Originate and manage non-QM loans, focusing on investor clients. • Evaluate borrower financial information to determine eligibility for non-agency loan products. • Collaborate with underwriters and compliance teams to ensure adherence to company guidelines and regulatory requirements. • Develop and maintain relationships with clients and referral partners to drive business growth. • Provide exceptional customer service throughout the loan process, ensuring a smooth and efficient experience for borrowers.

Created: 2024-10-30