Job Description

Job Description

Job Description

Position: Junior Loan Officer

Location: Chandler, AZ

Company: My Equity Direct (A subsidiary of Oaktree Funding)

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 Directs 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 requiredideal 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 .

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