Job Description
Internally, we call this position a Pre-Approval Specialist, or LP2 (Loan Partner 2).
The Loan Partner 2 (LP2) job description outlines a critical role within the lending team, focusing on prequalifying borrowers, issuing pre-approvals, and managing the loan pipeline. Here are the key responsibilities and qualifications for an LP2:
Job Summary
The LP2 is responsible for accurately prequalifying home loan applications, issuing and managing quality pre-approval letters, and overseeing the success of every loan in the committed pipeline. This role requires working cohesively with Loan Officers, borrowers, loan processors, underwriters, and third parties to ensure 95%+ of all loans close on time while providing an outstanding experience from application to close.
Compensation:$75,000 - $100,000 yearly
Responsibilities:
Prequalify:
- Serve as an available resource for referral ...