Wholesale Account Executive
Company: Quontic
Location: Columbia
Posted on: June 24, 2022
Job Description:
Why Work for Quontic?Quontic Bank is a CDFI federally chartered
digital community bank. We have a customer-centric culture built
around helping our customers and giving back to local communities.
-We're making homeownership simpler, faster, and most importantly
more accessible for all communities across the United States.Who We
areQuontic is the adaptive digital bank that empowers its customers
financially while embracing their diverse circumstances. Quontic's
mission to break the system for financial empowerment stands in the
face of big banks and proves there is a better and more equitable
way to put the customer first. We focus on truly understanding and
serving the underdogs, entrepreneurs, gig-economy workers,
immigrants, and more with a curated banking experience as opposed
to a one-size-fits-all banking approach.We are currently seeking
motivated and dependable Full-time Wholesale Account Executives to
sell the most aggressive and unique NonQM loans that are CDFI
(Community Development Financial Institution). -We are unique to
have the US Treasury CDFI designation that allows us to offer
programs such as:
- True stated income & No ratio for owner OCC properties
- Stated P&Ls - No accountant certification
- One-Year self-employed only
- VOE only program
- 100% gifts allowed for a down payment, closing costs, and
reserves
- No ratio loans for owner-occupied borrowers
- DSCR investor loans
- Loans up to $3,000,000
- Refinance off the appraised value after 6 months of
ownership
- Much more!Your Primary Responsibilities Include:
- Build relationships with current and new mortgage brokers;
Contact and solicit mortgage brokers and bankers regarding
Quontic's unique, highly competitive, niche, wholesale mortgage
loan programs
- Facilitate broker and banker sign-ups into Quontic's
broker-wholesale lending program
- Maintain daily workflow prioritization and communication to
ensure urgent matters are dealt with and closings occur in a timely
manner
- Meet individual & team monthly sales goals
- Maintain sales contact database and send weekly correspondence
on programs and procedures
- Maintain regular communication with the brokers and inform
brokers of changes and enhancements in processes and
procedures
- Develop marketing ideas and plan for the continued increase in
volume
- Analyze and prequalify applicants to determine the eligibility
of the desired loan program
- Effectively explain and communicate the terms of the product to
brokers and bankers
- Ensure all required documents are signed by the borrower
- Gather all initial documentation based on the selected loan
programExperience
- Must have a minimum of 3 years of -wholesale lending
experience, meet commission sales standards, and possess proven
business development skills
- Must have a strong knowledge of the mortgage market in their
assigned territory. Ideally, the candidate would have prior
experience in a wholesale lending role which will provide them a
critical jump-start to getting their production off the ground
- Strong ability to excel within an ever-changing
environment
- Highly motivated and determined to succeed in a competitive,
time-sensitive industry
- Associates or Bachelor's degree preferred
- Strong relationship building skills and time management
skills
- Knowledge of underwriting and/or closing procedures and
regulations
- Must have the ability to facilitate accurate and thorough loan
applications that comply with company procedures and
guidelines
- Must have excellent communication and interpersonal skills
- Experience with mortgage lending software and computer
applications a plus -
Keywords: Quontic, Richmond , Wholesale Account Executive, Accounting, Auditing , Columbia, Virginia
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