Full-Time
Mortgage Representative
Lowe's
10,001+ employees
Corporate venture capital for home-improvement tech
No salary listed
Utah, USA
Remote
Remote within the United States, with the role focused on Utah mortgage licensing and operations.
Bachelor's
 Risk & Compliance (1) |
|---|
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- Currently hold an active Utah Lending Manager license, or be able to obtain and maintain one, as applicable.
- Be able to be designated as the Principal Lending Manager for the Company and maintain Licensed Lending Manager status at all times.
- Have the minimum experience required by the Utah Department of Commerce Division of Real Estate to serve as the licensed Utah Lending Manager.
- Demonstrate knowledge of federal mortgage regulations and Utah mortgage licensing requirements.
- Have experience supervising licensed mortgage operations and/or licensed mortgage loan originators.
- Be able to obtain and maintain applicable active state licensure through the Nationwide Multistate Licensing System and Registry.
- Provide subject matter expertise to product, pricing, marketing, technology, and other support groups on home equity line of credit strategy, and consult on internal process improvement, technical requirements, and other go-to-market strategy aspects.
- Coordinate with compliance, legal, licensing, and management teams regarding regulatory matters and business changes affecting individual and company Nationwide Multistate Licensing System and Registry licensing requirements and the Utah Division of Real Estate.
- Support implementation and ongoing maintenance of compliance policies and the development and delivery of compliance training.
- Monitor mortgage loan originator licensing status, continuing education completion, and adherence to regulatory and Company standards.
- Coordinate regulatory responses and represent the Company in regulatory examinations and licensing reviews in Utah.
- Partner with the Compliance Team to support timely submission of regulatory filings, reports, and renewals as directed.
- Supervise, direct, and support licensed mortgage loan originators operating under the Company’s Utah mortgage license, as applicable.
- Ensure branch locations and licensed Utah personnel remain properly licensed, registered, and in good standing.
- Oversee the Company’s licensed mortgage activities in Utah to maintain and achieve compliance with applicable federal and state laws and regulations, including the SAFE Act, Real Estate Settlement Procedures Act, Truth in Lending Act, Equal Credit Opportunity Act, and Utah mortgage broker and lending laws and regulations.
- A bachelor's degree in Business, Finance, or a related field.
- Prior experience serving as a Principal Lending Manager, Qualifying Individual, Branch Manager, or similar responsible person under a state mortgage license.
- Prior experience managing licensing or examination activity through the Nationwide Multistate Licensing System and Registry.
- Experience working with multi-state mortgage broker licensing requirements.
Lowe's Ventures is the corporate venture capital arm of Lowe's Companies, Inc. It invests in early-stage startups building technologies for home improvement and construction, focusing on e-commerce, supply chain, and in-store tech. It combines funding with access to Lowe's resources, offering executive mentorship and opportunities to pilot products in Lowe's stores. Unlike funds that only provide capital, Lowe's Ventures provides strategic support, real-world pilots, and access to Lowe's customer base to help both the retailer and startups grow.
Company Size
10,001+
Company Stage
IPO
Headquarters
Mooresville, North Carolina
Founded
1946
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Simplify's Take
What believers are saying
- August 2026 revenue rose 8.3% to $25.96 billion despite flat comparable sales.
- September 2026 skilled-trades coalition with NVIDIA, AT&T, and GM strengthens employer brand.
- August 2026 management kept buying strategic growth platforms, expanding jobsite delivery and digital tools.
What critics are saying
- February 2026 layoffs cut 600 corporate roles, signaling heavier restructuring ahead.
- August 2026 guidance was cut to flat comps and $12.25 EPS, pressuring valuation.
- If pro demand weakens, Lowe's debt-funded FBM and ADG bets become a balance-sheet trap.
What makes Lowe's unique
- Lowe's owns the best pro-plus-DIY distribution network after FBM and ADG, August 2026.
- Its RELEX and Accenture rollout automates replenishment across stores, DCs, and merchandising, March 2026.
- Lowe's Foundation deepens trades training relationships with 73 partners across 30 states, September 2026.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
Performance Bonus
Company News
Lowe's Companies shares trade at $198, down 26% over the past year, as the retailer navigates a cautious DIY customer base and weak housing market. Despite revenue shrinking at 1% annually over three years, earnings per share grew at 5.2% through expense discipline and share buybacks. The company generated $3.1bn in free cash flow in fiscal Q2 2026 after $542m in capital expenditures. Online sales grew 15.7%, supported by Mylow, an AI shopping agent whose users convert at triple the rate of other shoppers. Comparable transactions fell 2.1% in the quarter. Management lowered fiscal 2026 sales guidance to approximately $92bn with roughly flat comparable sales and expects Q3 adjusted earnings per share to fall about 7% year-over-year.
Target raised its quarterly dividend to $1.16 from $1.14, whilst Lowe's increased its payout to $1.25 from $1.20. Both retailers reported second-quarter results on 19 August 2026. Target's increase follows a period of flat dividends and comes after a tariff refund boosted quarterly earnings. The company yields 2.8% and paid $518 million in dividends during the quarter. Chief financial officer Jim Lee stated the firm prioritises business investment first, dividends second, and buybacks last. Lowe's generated $3.1 billion in free cash flow against $673 million in dividends. However, the company faces balance sheet challenges, with negative shareholders' equity of $7.44 billion and debt-to-EBITDA of 3.0 times following recent acquisitions. Management aims to reduce leverage to 2.75 times by mid-2027. Lowe's yields 2.4%.
Major US retailers have received over $5 billion in tariff refunds this week alone, with Walmart getting $2.9 billion, Target $994 million, and Home Depot $730 million. The Trump administration is refunding approximately $166 billion in tariff revenue after the Supreme Court struck down its sweeping tariff policy, having returned $100 billion so far. Despite studies showing consumers bore the brunt of initial tariff costs through higher prices, most companies are reinvesting the refunds rather than passing savings to shoppers. Retail executives indicated in earnings calls they plan to put the money back into their businesses. Consumers have filed class-action lawsuits against companies receiving refunds, but none have concluded. Americans have limited recourse to recover funds if companies don't voluntarily lower prices.
Lowe's reported mixed second-quarter results, with revenue falling short of analyst expectations due to pressure on DIY consumer spending. The DIY segment represents 60-65% of Lowe's revenue. CEO Marvin Ellison cited several factors affecting consumer behaviour: customers remain cautious about discretionary spending due to macro and geopolitical uncertainty, plus higher fuel prices above $4 per gallon. Poor weather during Memorial Day and a highly promotional environment in July also impacted results. Despite challenges, Lowe's posted its fifth consecutive quarter of same-store sales growth at 0.2%, below Wall Street expectations. The pro business and online sales performed well, with online contributing 15% year-over-year growth. Lowe's has received $80 million in tariff refunds, with additional refunds expected by year-end. The company is carefully considering how to use these funds whilst avoiding overly promotional strategies.
Lowe's reported second-quarter sales of $26 billion, up 8.3% year-over-year, with comparable sales rising 0.2%. The home improvement retailer saw growth in professional customers, online sales, and home services offset weaker discretionary DIY spending. Online sales jumped 15.7%, supported by higher traffic and the company's MyLowe AI tool, which has answered over 25 million customer questions. Customers using the tool convert at three times the rate of non-users. However, inflation, interest rates, and increased promotional competition pressured transactions and margins. Adjusted diluted earnings per share reached $4.40, including an $0.11-per-share benefit from tariff refunds. Lowe's maintained its full-year outlook near the low end of prior guidance, expecting roughly flat comparable sales and adjusted EPS of approximately $12.25. Management anticipates continued residential construction pressure but remains focused on long-term investments.