Full-Time

Mortgage Loan Officer

Posted on 11/21/2024

Zillow

Zillow

5,001-10,000 employees

Real estate buying, selling, and renting

Data & Analytics
Real Estate

Compensation Overview

$12 - $25Hourly

+ Incentive Compensation + Equity Awards

Entry, Junior

Company Historically Provides H1B Sponsorship

Irvine, CA, USA

Employees must live within a reasonable commuting distance of, but not more than 75 miles from, their designated ZHL branch location.

Category
Real Estate
Real Estate Finance
Required Skills
Sales
Customer Service
Requirements
  • Active NMLS Loan Originator with multiple state licenses, or a Loan Originator working under a bank license (required)
  • Successfully completed the 20-hr SAFE Pre-licensing Education and passed the SAFE Mortgage Loan Originator Test - National Component with Uniform State Content (required)
  • 1+ years of mortgage sales experience (required)
  • 2+ years of sales, call center, and customer service experience highly preferred
  • Associates or Bachelors degree preferred
  • Financial/business background preferred
  • Proficient in Microsoft products such as Outlook, Word, and Excel
Responsibilities
  • Originate mortgage loans
  • Answer and manage incoming calls from customers
  • Provide exceptional customer service through timely follow up and courteous professional correspondence
  • Establish and build relationships with customers and partners such as real estate agents, etc.
  • Analyze clients’ needs in order to ensure compliance and maximum customer satisfaction
  • Consult with borrowers and guide them through the loan process from inquiry to close, including securing borrower financial/credit information and other proper documentation
  • Ensure successful completion of all assigned Mortgage Loan Officer Training and Licensing activities
  • Understand and comply with current requirements of applicable federal and state laws and regulations
  • Maintain in-depth knowledge of available loan programs including FHA, VA, Conventional, ARM, Jumbo, etc.
  • Successfully structure loans for fulfillment partners to underwrite, process, and fund
  • Collaborate with team members and share best practices
  • Perform other duties as assigned

Zillow is a real estate platform that helps people buy, sell, rent, and finance homes. It uses technology and special algorithms, like the Zestimate, to provide accurate home values. This makes it easier for homebuyers and real estate agents to understand the market and make informed decisions. Unlike traditional real estate companies, Zillow focuses on simplifying the entire process of moving by offering a seamless experience for its users. The company's goal is to make the transition between homes as easy as possible.

Company Stage

IPO

Total Funding

$84.6M

Headquarters

Seattle, Washington

Founded

N/A

Growth & Insights
Headcount

6 month growth

3%

1 year growth

13%

2 year growth

20%
Simplify Jobs

Simplify's Take

What believers are saying

  • Zillow's strategic partnerships, such as with Realtor.com and First Street, expand its market reach and enhance its service offerings.
  • The introduction of AI tools like the Fair Housing Classifier demonstrates Zillow's commitment to ethical practices and innovation in real estate.
  • Zillow's continuous growth in mortgage origination and the appointment of a new COO indicate strong leadership and potential for expansion.

What critics are saying

  • The competitive landscape with players like CoStar Group could challenge Zillow's market dominance, especially in 3D tours.
  • The reliance on technology and AI tools may lead to potential data privacy concerns and regulatory scrutiny.

What makes Zillow unique

  • Zillow's proprietary Zestimate algorithm provides a competitive edge by offering accurate home valuations, setting it apart from other real estate platforms.
  • The integration of climate-risk data into listings positions Zillow as a forward-thinking company addressing environmental concerns in real estate.
  • Zillow's acquisition of Virtual Staging AI enhances its platform by offering visually appealing listings, differentiating it from traditional real estate services.

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