Full-Time

Mortgage Loan Officer

Posted on 11/18/2024

Unison

Unison

51-200 employees

Home equity sharing for debt-free financing

Financial Services
Real Estate

Junior, Mid

Omaha, NE, USA

Must be located in the Omaha, NE metro area and able to be in the office 3 days per week.

Category
Real Estate
Real Estate Finance
Required Skills
Sales
Requirements
  • Be a registered and/or licensed officer
  • If you currently are a registered LO, you will take the 20 hour NMLS course, and pass the licensing exam
  • If you are currently an LO, we will work with you to complete the transfer of your applicable licenses
  • Must be located in the Omaha, NE metro area and able to be in the office 3 days per week
  • 2 years sales experience in a contact center environment
  • Have strong attention to detail, quality, and compliance skills
  • Strong analytical and problem solving, and time management skills
  • Previous, recent mortgage experience required
Responsibilities
  • Conduct complete and thorough loan applications, request customer documents, maintain deep understanding of loan parameters and underwriting guidelines
  • Track customer contact and updates conversation logs with pertinent information
  • Resolve problems throughout the loan process
  • Review and explain Loan Estimate (LE), Closing Disclosures (CD), and mortgage documentation
  • Ensures all mortgage regulations and laws are strictly adhered to
  • Maintain MLO license, working with your manager to schedule continuing education while balancing the needs of the department
  • Effectively collaborate with internal and external partners to complete mortgage transactions efficiently
  • Attain next level of established productivity targets
  • Maintain customer satisfaction and ability to de-escalate customer concerns
  • Originate loans with high degree of quality and attain zero compliance defects
  • Work with various teams to identify and solve friction points in the process to improve speed of delivery with excellent application quality
  • Other duties as assigned

Unison provides a financial service that allows homeowners to access the value of their home equity without taking on debt or making monthly payments. Their approach, known as "home equity sharing," enables homeowners to receive cash by trading a portion of their home equity, making Unison a co-investor in the property. This means that Unison shares in the future changes in the property's value, whether it appreciates or depreciates. Unlike traditional loans, this method helps homeowners avoid interest payments and monthly obligations, making it a flexible option for those needing funds for various purposes, such as paying off debt, funding retirement, or starting a business. Unison differentiates itself from competitors by aligning its financial interests with those of the homeowner, as both benefit from the property's appreciation. The company's goal is to make housing more financially accessible and to provide homeowners with the financial freedom to pursue their goals.

Company Stage

Debt Financing

Total Funding

$243.2M

Headquarters

San Francisco, California

Founded

2004

Growth & Insights
Headcount

6 month growth

3%

1 year growth

2%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Unison's securitizations enhance access to institutional investors and market confidence.
  • Rising home prices increase the potential equity homeowners can unlock with Unison.
  • Recognition in proptech awards boosts Unison's reputation and attracts clients.

What critics are saying

  • Rising interest rates may make traditional loans more appealing than equity sharing.
  • Increased competition could pressure Unison to lower fees or improve terms.
  • Regulatory scrutiny on alternative financing could increase compliance costs for Unison.

What makes Unison unique

  • Unison offers a debt-free alternative to traditional home loans through equity sharing.
  • The company aligns its interests with homeowners by sharing in property appreciation.
  • Unison's model allows homeowners to access funds without monthly payments or interest.

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Benefits

Generous PTO

Parental leave

Volunteer days

100% employer paid health coverage

Additional sick days

$2k yearly learning stipend

Monthly 1/2 day off for development

INACTIVE