We are seeking a driven and detail-oriented Loan Partner 2 (LP2) to manage borrower prequalifications, pre-approvals, and pipeline execution for a high-performing mortgage team. The LP2 plays a critical role in ensuring loans are structured properly, communicated clearly, and closed on time.

This role works closely with the Loan Officer, borrowers, processors, underwriters, and third-party partners to maintain 95%+ on-time closings while delivering a concierge-level borrower and referral partner experience.

Compensation: $50,000+ base salary with potential per-file bonus, based on performance and team structure.

3+ Core Duties & Key Measurements

Pre-Qualify:

• Serve as an available resource for referral partners
• Engage in soft qualification conversations to help assess general borrower readiness and scenario viability
• Answer referral partner questions such as:
• Condo warrantability
• Bank statement borrower scenarios
• Recasting and general loan structure questions
• Communicate effectively with all referral partners (Realtors, financial advisors, builders, and other partners) using clear, accurate, and compliant language

Pre-Approve:

• Accurately pre-approve qualified borrowers
• Prepare payment and scenario requests
• Proactively engage pre-approved buyers
• Communicate effectively with referral partners

Pipeline Management

• Onboard all new contracts for rate lock consultation
• Submit applications to processing for disclosures
• Execute borrower updates, pre-closing, and funding calls
• Ensure 95%+ of loans close on time. Resolve 95%+ of loan issues prior to LO escalation

Essential Duties of This Position

Pre-Qualify

• Act as an available resource for referral partners when the Loan Officer is unavailable
• Engage in soft qualification conversations to assess general borrower readiness and overall scenario viability
• Respond to referral partner questions related to:
• Condo warrantability
• Bank statement borrower scenarios
• Recasting and general loan structure questions
• Communicate clearly, accurately, and compliantly with all referral partners, including Realtors, financial advisors, builders, and other strategic partners

Pre-Approve

• Communicate approval terms clearly to borrowers
• Issue supplemental pre-approval documentation
• Notify Realtors immediately after issuing approvals
• Expedite rush pre-approval requests
• Flag red flags to the LO or Team Captain
• Dedicate weekly time to proactive pre-approval outreach

Pipeline

• Perform daily pipeline “gauge checks”
• Attend pipeline meetings and milestone reviews
• Deliver consistent borrower and Realtor updates
• Review Closing Disclosures for accuracy
• Conduct pre-closing and congratulatory funding calls
• Provide post-closing support and urgent after-hours assistance

Additional Responsibilities

• Maintain high professionalism in all written and verbal communication
• Act as a concierge between borrowers and business partners
• Consistently exceed borrower and referral partner expectations

• An active NMLS license is required
• Minimum 5 years of mortgage loan officer assistant, processing, underwriting, or origination experience
• Proficient in DU/DO, LP, and investor guidelines
• Experience with major LOS platforms
• Strong verbal and written communication skills
• Excellent organization, prioritization, and time management
• Ability to collaborate across departments
• Completion of regulatory and compliance training

Modern Mortgage is a Local Mortgage Broker based in Modesto, CA, and the #1 Branch/Company at NEXA Lending 3 years in a row.

We shop over 300 investors to offer the most competitive rates and programs available. We have a team of seasoned Modern Loan Advisors who take advantage of today's Modern tools to streamline the process to get you to the finish on time, quickly, with a hassle-free closing.