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Home Equity Loan Officer
Social Finance (SoFi) | |
remote work | |
| |
May 05, 2024 | |
Who we are: Shape a brighter financial future with us. Together with our members, we're changing the way people think about and interact with personal finance. We're a next-generation financial services company and national bank using innovative, mobile-first technology to help our millions of members reach their goals. The industry is going through an unprecedented transformation, and we're at the forefront. We're proud to come to work every day knowing that what we do has a direct impact on people's lives, with our core values guiding us every step of the way. Join us to invest in yourself, your career, and the financial world. The role: The Home Equity Loan Officer is responsible for originating, processing, and closing home equity loans for qualified members. This individual will work closely with members to understand their financial needs and assess their eligibility for various home equity loan products. Additionally, the Loan Officer will ensure compliance with lending regulations and SoFi policies throughout the loan origination process. What you'll do: Evaluate initial loan applications and documentation to confirm creditworthiness and ability to repayComplete initial analysis of applicants' credit, and income, by verifying initial decisions and communicating this to the applicantCommunicate critical origination timeline, product, pricing, and underwriting requirements to all applicantsPerform outbound calls to applicants and work with the applicant to ensure receipt of required documentation critical to completing the origination processCommunicate suspense, loan approval, and/or declinations to ensure the member is informed at all timesCoordinate and manage realtors, builders, mobile signers and other third partiesOversee loan process to ensure timely delivery and content communication with the borrower of initial disclosures, changed circumstance re-disclosing, delivery of closing disclosure, and closing documentsImprove upon and refine sales and customer service knowledge and techniques via ongoing trainingMaximize the number of qualified loans funded monthlyManage and maintain your pipeline of leads provided to you from a centralized lead generation engine What you'll need:
Compensation and Benefits
The base pay range for this role is listed below. Final base pay offer will be determined based on individual factors such as the candidate's experience, skills, and location.
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SoFi provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth and related medical conditions, breastfeeding, and conditions related to breastfeeding), gender, gender identity, gender expression, national origin, ancestry, age (40 or over), physical or medical disability, medical condition, marital status, registered domestic partner status, sexual orientation, genetic information, military and/or veteran status, or any other basis prohibited by applicable state or federal law. The Company hires the best qualified candidate for the job, without regard to protected characteristics. Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records. New York applicants: Notice of Employee Rights SoFi is committed to embracing diversity. As part of this commitment, SoFi offers reasonable accommodations to candidates with physical or mental disabilities. If you need accommodations to participate in the job application or interview process, please let your recruiter know or email accommodations@sofi.com. Due to insurance coverage issues, we are unable to accommodate remote work from Hawaii or Alaska at this time. Internal Employees
If you are a current employee, do not apply here - please navigate to our Internal Job Board in Greenhouse to apply to our open roles. |