Remote Florida Mortgage Loan Originator Jobs:

Remote 1099 Mortgage Loan Originators work from home to Solicit Realtors, builders, and the general public solicit specialty mortgage programs and services. (MLO) mortgage loan originator will work remotely at home/office Access 100+ Lenders and Get paid by 1099 on the day of closing. US Mortgage Lenders LLC is hiring remote Mortgage Loan Originators that have a track record of honesty and integrity. We are a highly established mortgage company hiring self-sufficient mortgage loan originators to market our unique loan programs and specialized services for the highest payout commission splits. We respect our loan originator’s independence and encourage them to work remotely while giving them access to our 100+ lender systems and processes. We provide daily Zoom loan officer training and support while paying the highest commission in the industry. Dual Agent Realtors + Mortgage Loan Originators Welcome!

Qualifications:

•Strong Phone Skills
•Strong People Skills
•Strong Sales experience
•NMLS Florida mortgage license required.

Responsibilities:

•Guide Borrowers through the mortgage milestones at every step of the purchase and refinance process
•Provide initial consultations to identify the Borrowers’ needs and criteria for their new or existing home
• Advocate and adviser through the day of closing
•Master all aspects of the sales process!
•Deliver a world-class client experience!
•Create raving fans to maximize the lifetime value of our clients!
•Focus on new business development every day!

Benefits:

•90% Payout on a 1099+ 275% bips paid the DAY OF CLOSING!
•Free LOS loan origination software,
•Access 100+ Lenders and sell specialty mortgage programs.
•Daily Zoom training and support 10-12 AM after your NMLS license.
•Dual Agent Realtor and Mortgage Loan Originator OK!
•We need MLOs with UST licenses or are willing to get it
• Sell Specialty Programs to include FHA, USDA, VA, NON-QM
•100+ lenders to choose from with countless loan programs available

Summary:

•90% Payout on a 1099+ 275% bips paid the day of closing!
•We need MLOs with UST licenses or are willing to get one.
•Ability to self-start and work remotely (from home)
• Sell Specialty Programs to include FHA, USDA, VA, NON-QM, and Private Lenders.
•Consult, Support, and Guide Florida mortgage applicants through the mortgage process.  
•Dual Agent realtor Mortgage Loan originators welcome with licenses.
•Free LOS loan origination software.
•100+ lenders to choose from with countless loan programs available

Florida Mortgage Loan Originator Jobs Questions and Answers

Schedule:

• Monday to Friday

Supplemental pay types:

• Commission pay

License/Certification:

• NMLS Florida Mortgage License (Required)

Experience:

• Sales

Coverage Area:

•​ FL, GA, AL, SC, NC, TX, AR, OK

Location:

Remote

Contact Us To Inquire:

Direct Phone 954-667-9110 

Mortgage loan origination Question and Answers 

How Do I Get A Mortgage Originator License?

1. Apply For Your NMLS Account and ID Number. The first step to getting your Florida mortgage license is applying for an NMLS account and ID number. To do so, go to the NMLS website.

2. Complete Your NMLS Pre-License Education. Once you’ve created your NMLS account, it’s time to complete your pre-license education. Florida requires the 20-hour (18 hours & 2 hours elective) SAFE pre-licensure education course.

3. Need to Pass the NMLS Mortgage Licensing Test. With your education complete, you need to schedule an appointment for the National Test Component exam. Find out more on how to take your test here. Also, take a look at the NMLS MLO testing handbook.

4. Complete Background Checks and Pay All Fees. After receiving a passing score on your NMLS mortgage exam, you need to apply for your NMLS license. Find out more about how to complete your background check and fingerprints here.

5. Apply for your Florida Mortgage License. If you have passed your NMLS exam, you need to apply for your Florida MLO license. You can find more information on how to apply here.
   
6. Associate Your NMLS Account With US Mortgage Lenders LLC 1108258. Your mortgage license will be in a pending state in Florida until you have an employer sponsorship, which lets the government know that an employer is supervising your individual license. Learn how to associate your NMLS account with your employer here.

What are the education requirements for a Florida Mortgage Loan Originator License?

Under the Secure and Fair Enforcement for Mortgage Licensing Act of 2008, all new Florida mortgage loan originators must complete 20 hours of mortgage education. An 18-hour online instructor-led course, and a 2-hour Florida state law and rules course. New state-licensed Mortgage Loan Originators are required to complete a 20-hour SAFE pre-license course that includes:

What is the difference between a Florida Mortgage Broker License and A Loan Officer License?

Mortgage loan originators and mortgage brokers are commonly confused terms. As such, many people who are searching for a Florida broker license are actually looking for a loan originator or loan officer license. So what’s the difference? Generally speaking, a mortgage broker is a company that employs a team of loan officers or mortgage loan originators. Loan officers originate mortgage loans for new home buyers. Therefore, the correct license for a loan officer in Florida would be one of the options listed above, depending on which division your employer works under.

In Florida can I be a realtor and mortgage loan originator be a dual agent and earn income on both sides of the transaction?

Yes, recently Dec of 2022 FHA approved mortgage loan originators to be dual agents on FHA loans. More information can be for on FHA  Mortgagee Letter 2022-22. 

How much income can I earn on each closed loan working as a contractor for US Mortgage Lenders?

Assuming max compensation of 275 bips on a 400,000 loan x 2.75= total commission of $11,000. Company fees are 10% + $200 on each closed loan. In this case, company fees are $1300. Company fees of 1300- 11000= $9700 commission paid to you by 1099. You are responsible for your own expenses and write-offs. If you are a realtor earning 3% on the real estate side you could easily double your income as a dual agent.

Florida Mortgage Loan Originator Requirments:

1. Form MU1. Each business shall apply for a Florida Mortgage Loan Originator license by submitting a Form
MU1 through NMLS. Form MU2 must also be completed through NMLS for each control person listed on Form MU1.
2. Filing Requirements. Upon receipt of the following, the Florida Office of Financial Regulation
will consider a Florida Mortgage Loan Originator application received and begin reviewing the application:
o Form MU1 filed through NMLS
o Statutorily required application fee ($425)
o FBI criminal history background check results (control persons)
o State criminal history background check results (control persons)
o Credit report (control persons)
NOTE: A control person that holds an active loan originator license in Florida is exempt from the FBI & State criminal background check and the credit report required as part of the Florida mortgage Loan Originator application requirements. The Florida Office of Financial Regulation will not begin its review of an application until
all the items listed above have been received. Once an application has been deemed received, the NMLS status will change from “Pending-Incomplete” to “Pending Review”.Once the status has been changed to “Pending-Review” the application will be reviewed and deficiencies will be added as license items in NMLS.
3. Principal Florida Mortgage Loan Originator. Complete the Qualifying Individual Florida mortgage loan originator section of the MU1 form to add the Principal Loan Originator. You must select Florida as an applicable jurisdiction. The
Principal Loan Originator must be licensed as a Florida loan originator. The Principal Loan The originator must also demonstrate to the satisfaction of the Office of Financial Regulation that he or she has been actively engaged in a mortgage Loan Originator related business for at least one year before being designated as a Principal Loan Originator. Individual licensure with the Office of Financial Regulation for one year will satisfy the experience requirement.
4. FBI & State Criminal Background Check. Each controlling person must submit fingerprints to a live scan vendor approved by the Florida Department of Law Enforcement and published in the Florida Department of Law Enforcement’s website for submission to Florida Department of Law Enforcement for a state criminal background check and to the Federal Bureau of Investigation for an FBI criminal background check (ORI Number: FL921050Z). The cost of fingerprint processing shall be borne by the applicant and paid directly to the Live Scan vendor. Resubmission of the prints for the state criminal background check may be required if incorrect information (social security number, date of birth, etc…) is provided to the Live Scan vendor. Resubmission of prints will result in additional costs to the individual being reprinted.
5. Disclosure Questions. Provide the following documents related to all events or proceedings
for any “Yes” answer to any of the disclosure questions on Form MU1 and Form MU2 (control
persons):
(a) A copy of the police arrest affidavit, arrest report,t or similar document.
(b) A certified copy of the charges.
(c) A certified copy of the plea, judgment, and sentence where applicable.
(d) A certified copy of an order of entry into pre-trial intervention, and the order of termination
of pre-trial intervention showing dismissal of charges where applicable.
(e) A certified copy of an order of termination of probation or supervised release, if applicable.
If the requested documentation cannot be obtained, the relevant person shall submit evidence
of that fact for the application to be deemed complete. Evidence that documentation
cannot be obtained shall consist of a written statement on the letterhead of the agency that
would be the custodian of the documents, signed by a representative of that agency, stating
that they have no record of such matter, or that the record is lost or was damaged or
destroyed, or otherwise stating why documents cannot be produced.
6. Credit Report. Each controlling person must authorize the Registry to obtain an independent credit report and make it available to the Office of Financial Regulation. The cost of the credit report shall be borne by the applicant,. Upon notification by the Office of Financial Regulation, each control person shall provide documents related to “adverse credit history information” contained in the control person’s credit report. The requested documents provided by each control person must be legible. Documents that are typically requested by the Office include e, but are not limited to:
(a) Copies of satisfaction of the judgment.
(b) Copies of satisfaction of outstanding tax liens or other governmental liens.
(c) Copies of court documents that reflect the substance of the matter and how the matter
was resolved or adjudicated.
(d) Copies of account statements or letters from the creditors explaining the current status of
accounts. For security purposes, the relevant person may redact all but the last four (4) digits
of the account number before submitting the document to the Office.
(e) Copies of tax returns, pay stubs, or other documentation of income.
If the documents requested above cannot be obtained for person shall submit
evidence of that fact in order for the license application to be deemed complete. Evidence that
documents cannot agency shall consist of a written statement from the agency or
creditor’s records custodian that is written on the agency’s or creditor’s letterhead; indicates
that the agency or the creditor does not have any record of such matter or that the record was
lost, damaged, or destroyed, or cannot otherwise be produced and provide a statement as to
why the record cannot be produced; and is signed by the agency’s or creditor’s records
custodian.

Florida Mortgage Loan Originator License Fees

The approximate total cost is $578.75 which includes:
 $425 Florida application fee
 $100 NMLS processing fee
 $38.75 FBI & State criminal background check fee plus live scan vendor costs for
each control person
 $15 NMLS Credit report fee for each control person
All fees collected through the NMLS ARE NOT REFUNDABLE

US Mortgage Lenders Hiring Remote Mortgage Loan Originators In All Florida: