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Wholesale Account Executive

Employer
Quontic
Location
Laurel, MD
Closing date
Sep 28, 2022

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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 for owner-occupied propertiesThird-party unaudited P&Ls for income - no bank statements to support incomeVOE only program asking for current total earnings, We do not require a history of breakdown of commission, tips, bonus, or overtime100% gifts allowed for a down payment, closing costs, and reserves on owner-occupied and Investment propertiesDSCR investor loans, first-time homebuyer all0wed. 100% gifts allowedLoans up to $3,000,000Refinance off the appraised value after 6 months of ownershipFast Track closes loans in an average of 24 daysThe security of working for a bank that can put loans on their balance sheetYour 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 programsFacilitate broker and banker sign-ups into Quontic's broker-wholesale lending programMaintain daily workflow prioritization and communication to ensure urgent matters are dealt with and closings occur in a timely mannerMeet individual & team monthly sales goalsMaintain sales contact database and send weekly correspondence on programs and proceduresMaintain regular communication with the brokers and inform brokers of changes and enhancements in processes and proceduresDevelop marketing ideas and plan for the continued increase in volumeAnalyze and prequalify applicants to determine the eligibility of the desired loan programEffectively explain and communicate the terms of the product to brokers and bankersEnsure all required documents are signed by the borrowerGather all initial documentation based on the selected loan programExperienceMust have a minimum of 3 years of wholesale lending experience, meet commission sales standards, and possess proven business development skillsMust 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 groundStrong ability to excel within an ever-changing environmentHighly motivated and determined to succeed in a competitive, time-sensitive industryAssociates or Bachelor's degree preferredStrong relationship building skills and time management skillsKnowledge of underwriting and/or closing procedures and regulationsMust have the ability to facilitate accurate and thorough loan applications that comply with company procedures and guidelinesMust have excellent communication and interpersonal skillsExperience with mortgage lending software and computer applications a plusQuontic provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Quontic will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at recruitment@quonticbank.com.

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