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    Investor Lending Consultant - Chicago, United States - Fay Financial

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    Description

    Founded in early 2008, Fay Servicing committed to providing innovative servicing solutions for both performing and non-performing mortgage loans. As a specialty mortgage servicer and originatorthat sees the customer behind every loan, we understand that our customers aren't loan numbers - they're homeowners.

    Before founding our company, we conducted an exhaustive analysis of the mortgage servicing industry and gained valuable insight into the problems facing mortgage servicers and their customers.With that insight, we set out to build a different kind of servicing company from the ground up.

    Come join us on our journey to serve our customers and be the leader in our industry We are currently looking for an Investor Lending Consultant to join our Constructive team.

    As the Investor Lending Consultant (ILC) you will proactively solicit new mortgage originators to investors of non-owner occupied properties to meet established loan quality and production goals. In this ongoing sales role, you will continually work with referral sources provided by affiliate Fay Servicing or self-generated loan opportunities to assist in short-term financing generally Fix and Flip loan, Refinance and/or Purchase Loan Application Process.

    The ILC will also responds to customer inquiries and referrals that are generated from both lead procurement as well as self -sourced referring partners. The ILC conducts interviews with prospective Guarantor(s)in order to analyze financial and credit data, determine customer financing objectives, advise customers of product/pricing policies andguidelines, and gather any additional required information. The ILC ensures exceptional customer service bymaintaining thorough knowledge of lending programs, policies, procedures, and regulatory requirements, demonstratinga commitment to professional ethics, complying with all Federal and State compliance policies, and adhering to HMDArequirements.

    What you will do for Constructive:

    • The ILC sets proper expectations with the Guarantor(s ) during the loan application process and responds timely to inquires
    • Effectively utilize lead management system to properly track and effectively manage leads provided on a daily basis
    • Evaluate loan applications and documentation for creditworthiness, liquid reserves, and net worth
    • Maintains a high level of customer service by clearly communicating terms of loan options, follow up, and always available to answer questions
    • Maintains and follows compliance policy for Clean Desk Policy and borrower sensitive information
    • Continues to always learn about new loan programs and product/guideline updates
    • Knowledge of commercial loan processing, underwriting, and closing procedures
    • Proactively manage loan pipelines and attend internal sales meetings
    • Attends conferences and workshops to network and expand customer base
    • Perform all job functions in accordance with Constructive Loan's LLC policies and procedures
    What you will bring to Constructive:
    • High school diploma/GED required; College degree preferred
    • Develop Business Referral Network through prospecting and networking activities
    • Review / Analyze credit, financial data, and business structures
    • Determine Guarantor(s) financing objectives and goals.
    • Present appropriate loan products and programs and explain guidelines
    • Ability to utilize pricing sheets, product guidelines, and restrictions and convey accurate information to Guarantor(s)
    • Collect supporting loan documentation as required and provide a complete package for processing
    • Knowledge of business structures like LLC, LP, SP, and others
    • 2+ years of residential loan origination experience with an active NMLS license (multiple states preferred)
    • Proven ability to adapt to a changing environment while maintaining a positive mental attitude
    • Strong sales skills with a proven track record
    • Proficient computer and keyboard aptitude; familiarity with basic Office applications
    • Hands-On knowledge of the loan origination process
    Diversity, Equity, and Inclusion are deeply embedded into our way of working at Fay. We believe that the best ideas come from having a team that is diverse in backgrounds, experiences, and perspectives. We strive to ensure each of our employees feels valued, respected, included, and is presented with equal opportunities to be successful here at Fay. We are proud to be an equal-opportunity workplace. The Fay Group and affiliated companies participate in E-Verify. For more information go to E-Verify is a registered trademark of the U.S. Department of Homeland Security.


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