MMT-Loan Originator Assistant Unlicensed
Company: D.R. HORTON, INC.
Location: High Point
Posted on: November 16, 2023
D.R. Horton, Inc., the largest homebuilder in the U.S., was
founded in 1978 and is a publicly traded company on the New York
Stock Exchange. It is engaged in the construction and sale of high
quality homes designed principally for the entry-level and first
time move-up markets. The Company also provides mortgage financing
and title services for homebuyers through its mortgage and title
subsidiaries. Please visit our website at for more information.
D.R. Horton, Inc. is currently looking for an MMT-Loan Originator
Assistant Unlicensed in the Branch Department . A Loan Originator
Assistant (LOA) works under the direct supervision of a Mortgage
Loan Originator (MLO) or Branch Manager (BM). They are responsible
for facilitating the accurate and timely completion of home real
estate loan applications including making initial contact and
follow-ups with clients, gathering information for underwriting,
providing support throughout the mortgage loan application process,
and performing administrative duties. The Loan Originator Assistant
supports the Mortgage Loan Originator (MLO) so that the MLO can
focus on producing more volume and provide a higher level of
customer service. Essential Duties and Responsibilities include the
following. Other duties may be assigned.
- Communicate with parties to the transaction to update them on
- Track outstanding applications and loan documents and call
customers to follow up on those documents
- Scheduling appointments for the MLO
- Assist the MLO in converting prequalification to applications
in the LOS. This is strictly handling the administrative side of
setting up the electronic loan package. The MLO should select
product, loan terms, etc. and it should be in the MLO%26rsquo;s
name in the LOS.
- Assist MLO in preparing loan application documentation to
submit to processing
- Assist MLO in returning phone calls when appropriate. Only
basic status updates or requests for information may be made.
MLOA-Unlicensed is prohibited from communicating or negotiating
loan terms, rates, etc. to a consumer
- Monitor pipeline reports daily for status of applications and
communicate with processors weekly/daily to make sure all loans are
moving through the approval process
- Occasionally provide initial %26ldquo;set up%26rdquo; of the
file. i.e., order appraisal, title, verifications etc.
- Conducts all business in a professional and ethical manner to
serve customers and increase the goodwill and profit of the company
IMPORTANT NOTE: Unlicensed Loan Originator Assistants - are
prohibited from originating loan applications or communicating loan
terms to the customer. If a customer requests information specific
to loan origination, they are to be immediately referred to a
Keywords: D.R. HORTON, INC., High Point , MMT-Loan Originator Assistant Unlicensed, Other , High Point, North Carolina
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