Commercial Loan Officers

COMMERCIAL LOAN OFFICERS – (CLO)

We are looking for Commercial Loan Officers that want to make a Six Figure Income. Here’s a great opportunity to work with an amazing company that cares about your success. We do Transactional Funding, 100% CLTV Funding, Fix & Flips, Commercial, Asset Based, Church Funding and more.

 

We go down to $25K loan amount and up to $500M+. We accept clients that has as low as a 350 MID FICO SCORE and some programs doesn’t even care about your scores so our doors are always open to take on new clients.

 

WE ARE HIRING COMMERCIAL LOAN OFFICERS IN ALL 50 STATES!!!

 

DUTIES:

Your main duty would be to:

 

1: Promote PhoneOps’ 2 main programs everyday, Sundays through Saturdays.

 

2: Encourage all potential clients to complete the online application and help each one with the 3-Step Process same day for quick approval / pre-approval.

 

3: Work with each client from beginning to closing by picking up the phone and helping him/her throughout the loan process.

 

A full Step-by-Step Training Site will be provided along with the option to have a landing page to get online apps sent directly to you. You will be assigned to a Regional Manager to help and assist you along the way.

REQUIREMENTS:

Read the following requirements for this position:

 

1: Must have a desktop computer or Laptop with mouse

 

2: Must be able to complete daily assignments within 24 hours

 

3: Must have reliable Internet Connections along with a gmail account

 

4: Must be able to speak to clients & work with them to submit their required documents in a timely manner

 

5: Non Experienced CLOs: Your minimum requirement is 4 new Clients per week

 

6. Experienced CLOs: Your minimum requirement is 6 new clients per week.

PAYSCALE:

The PayScale is based on the amount of loans closed in a month. We want you to be serious in working and meeting your minimum weekly & monthly goals. Pay is every 2nd & 4th Saturday of the month.

 

1st Level: This Level is when you close your 1st loan in one month

 

2nd Level: This Level is when you close 2-4 loans in one month

 

3rd Level: This Level is when you close 5+ loans in one month

 

PAYSCALE SCENARIO:

In this Scenario, your client submitted their application; loan amount is $3M 1st lien. You work with the client from the beginning and settlement was a success. This is your first closing so you are paid $15,000. If this was your 2nd closing, you are paid $30,000 and if this was your 5th closing, you are paid $45,000.

 

Higher compensation available for Senior Commercial Loan Officers. Remember, your compensation is based on the Loan Amount 1st lien, not the Sale’s Price. You can always do your own calculations to see your compensation as it’s written in black and white, no surprises and this is what we all like.

EXPERIENCED COMMERCIAL LOAN OFFICERS:

If you are an Experienced Commercial Loan Officer that can submit 6 new clients per week and close a minimum of 5 loans per month, you are in your own Commission Bracket of 1% to 2% depending on what PhoneOps can charge without killing the deal.

PAID AT CLOSING – COMPENSATION ADVANCE:

As you know, pay is every 2nd & 4th Saturday of every month. With the Compensation Advance, you are paid at settlement so no more waiting for the check to come in the mail. Once you meet the minimum requirement of closing your 1st 3 loans with PhoneOps, you’ll be eligible for the Compensation Advance. This a very huge deal, all of our CLOs love this advanage and it was added to motivate you to work and to have a fun and Lucrative Career.

BENEFITS:

Major Medical, Dental & Vision would be available to you after your 1st closing. No more waiting 90 days nor waiting for open enrollment.

COMPLETE THE ONLINE APPLICATION NOW!

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