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Entry Level Loan Officer (with training)

Company Description

Who is Summit Funding?

Summit Funding, Inc is one of the oldest still privately owned top 50 national mortgage lenders.  When Todd Scrima, our owner and CEO founded our company in 1995 his dream was not to be the biggest, but to strive to be the best.   Our growth mindset, positive culture, and history of stability are just a few things that position our company as a leader in the mortgage industry.

Job Description

Launch your Career in Mortgage Sales – Free Loan Officer Training!

Are you ready to kickstart your career as a Loan Officer? Increase your earning potential up to $500K or more?  Loan Officers have the potential to earn $150-$500K per year!

Apply now for our FREE 16 week training program today.  Seats are limited for this self-paced course.  Top graduates will be considered for full-time Loan Officer positions with Summit Funding upon successful completion of the program. Once hired, our Loan Officers receive top tier support that includes appointment setters and a full time marketing team.

Get a sneak peek of what’s ahead by watching the introductory video by Todd Scrima.

If the hyperlink to the video is not available please copy and paste this URL address into your browser: https://vimeo.com/1065983215?share=copy

Don’t miss out, apply today!

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What is Loan Officer University?

Loan Officer University is a comprehensive 16-week self-paced training program designed to teach you the fundamentals of mortgage sales. With 10 hours of prerecorded instruction per week, you'll learn from industry experts—including Todd Scrima—about key aspects of the mortgage industry, how to generate leads using proven sales strategies, and how to thrive and grow your wealth in a commission-based environment.

If you're a self-driven, competitive, and sales-focused individual ready to start a career with the potential to earn a 6-figure salary by your second year, click "I'm interested" to get more details on the training program and learn about the process for consideration and acceptance.

Please note: This is a training program, not an immediate job offer. Completing the course doesn’t guarantee a job, but it will qualify you to work as a mortgage loan officer and interview for a Loan Officer position with Summit Funding.

What our Loan Officers are responsible for:

  • Fostering a culture of collaboration, trust, support, and best-in-class service
  • Originating and closing residential home loans and serving as subject matter expert on the mortgage process.
  • Developing long-term relationships with realtors, homebuilders, and other self-generated purchase-focused referral sources through daily, weekly, and monthly touches. 

Qualifications

  • Loan Officer University Graduate
  • Must be currently licensed with NMLS to be hired

Applicants must be currently authorized to work in the United States on a full-time basis.

Summit Funding currently does not sponsor applicants for work visas.

If I complete this program and am hired at Summit Funding, how will I be paid?

Compensation for graduates of this program who are hired on as Loan Officers will receive an hourly wage of $20.19/hr plus a bonus on each loan closed until promoted to Sr Loan Officer.  Sr Loan Officer compensation is full commissions on loans closed. The commission rate ranges between 50 to 150 basis points per loan depending on position, experience, and location.

IND1

Additional Information

All your information will be kept confidential according to EEO guidelines.

Summit Funding Glassdoor Company Review
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Summit Funding DE&I Review
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CEO of Summit Funding
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Todd Scrima
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Average salary estimate

$96000 / YEARLY (est.)
min
max
$42000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

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We’re on a mission to provide a better experience for those looking to achieve their homeownership goals, from purchasing, refinancing, and everything in between. At Summit, the customer genuinely comes first. Each of our home loan experts dedicat...

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Full-time, on-site
DATE POSTED
March 20, 2025

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