Junior Loan Officer
Position: Junior Loan Officer
Location: Chandler, AZ
Company: Oaktree Funding Corp. dba My Equity Direct
About Us
My Equity Direct is a newly established retail division of Oaktree Funding, specializing in second-lien mortgages and HELOCs. We offer an unparalleled entry-level opportunity for recent college graduates to gain foundational experience and launch a career in the mortgage industry.
Position Summary
The Junior Loan Officer role is a gateway position designed to transition ambitious individuals into a licensed Loan Officer role following a 90-day development period. This position combines telemarketing experience, licensing exam preparation, and professional development, providing a clear path to success in the mortgage industry.
Key Responsibilities
- Make 200+ outbound calls daily, generating live transfers to Loan Officers.
- Engage with potential clients to qualify leads and initiate the loan origination process.
- Dedicate mornings (8 AM – 12 PM) to studying for the Loan Officer (LO) licensing exam after the initial 90-day period.
- Utilize afternoons (2 PM – 6 PM) to continue telemarketing efforts and build client engagement skills.
- Accurately record and manage client interactions using the company CRM.
Professional Development Path
- First 90 Days: Focus exclusively on telemarketing efforts, building client interaction skills, and understanding the mortgage process.
- Post-90 Days: Dedicate half the day (mornings) to studying for the LO licensing exam, while continuing telemarketing efforts in the afternoons.
- Upon Licensing: Transition into a fully licensed Loan Officer role with an increased salary and enhanced responsibilities, contributing directly to My Equity Direct’s growth.
Qualifications
- Recent college graduate seeking a dynamic entry point into the mortgage or financial industry.
- Strong communication skills, especially over the phone.
- Self-motivated with a strong work ethic and a passion for learning.
- Ability to thrive in a goal-oriented, fast-paced environment.
- No prior mortgage experience required—ideal for driven individuals ready to build a career.
Compensation and Benefits
- Competitive compensation package with performance incentives.
- Comprehensive training program designed for career advancement.
- Pathway to a lucrative Loan Officer position with significant earning potential.
- Full health benefits, 401(k) match, PTO, and more.
Why Join My Equity Direct?
This is your chance to break into the mortgage industry with a role specifically designed for growth. With structured training, ongoing support, and clear career progression, the Jr LO position is the first step to a successful career as a licensed Loan Officer.
How to Apply
Submit your resume and cover letter to Roland Mills, VP, Director of Recruiting, at rmills@oaktreefunding.com.