6+ years of experience in mortgage banking, business administration, or compliance
Experience in the Mortgage industry preferred
Responsibilities
Process new and renewal applications for loan originators and branches
Manage licensing tasks by monitoring deadlines and prioritizing workload
Prepare and update licensing reports for accuracy and completeness
Collaborate with Compliance, HR, and Operations teams for licensing support
Coordinate preparation of new license applications by confirming state requirements
Communicate with state licensing agencies for application status and updates
Handle complex licensing files, ensuring document quality and data integrity
Support onboarding of new hires by tracking start dates and preparing materials
Assist with special projects and process updates as assigned
Benefits
Aggressive compensation package based on experience
Inclusive and diverse company culture
Opportunities for internal growth and professional development
Comprehensive benefits package including Medical/Dental/Vision
Wellness program for mental and physical health
Generous paid time off for all positions
Full Job Description
Description
Position at loanDepot
Position Summary:
Responsible for supporting candidates, new hires, and existing employees through the state licensing and renewal process by collecting required documentation, preparing application materials, and tracking progress using established procedures. Monitors all potential licensees and loan originators throughout each stage of their application, assists with pending or deficient items, and maintains accurate records of approved, renewed, and terminated licenses.
Responsibilities:
Processes new and renewal of loan originator, branch and/or corporate license applications by collecting required documentation, completing forms, and submitting applications through established state and federal systems in accordance with defined company procedures. Assists with licensing for the Company's joint venture and affiliate licenses, as applicable.
Manages assigned licensing tasks by monitoring state deadlines, prioritizing workload based on established timelines, and completing all work within required service levels.
Prepares and updates recurring licensing reports for loan originators and branches, ensuring information is complete, accurate, and submitted according to reporting schedules.
Collaborates with Compliance, HR, and Operations teams to provide licensing-related support, following defined procedures and routing complex or unusual requests to senior staff or management.
Coordinates the preparation of new license applications by researching and confirming state requirements, registering approved education courses, scheduling exams, and assembling complete application packages under existing guidelines.
Communicates with state licensing agencies to request information, obtain clarification on application status, and relay updates to internal teams, escalating issues to management when outside standard procedures.
Handles the more complex or high-volume licensing files, ensuring all required documents are complete and meet established quality standards. Maintains accurate and up-to-date licensing records in ABC Licensing, including new hires, transfers, sponsorship changes, terminations, and renewals, ensuring data integrity through routine reviews and updates.
Supports the onboarding of new hires by tracking start dates, preparing required licensing materials, updating checklists, and ensuring all documentation and sponsorship requests are completed accurately and on time. Guides loan officers through the process of clearing licensing items preventing license renewals.
Assists with special projects and process updates as assigned, contributing task execution and documentation support while adhering to company workflow standards.
Performs other duties and projects assigned.
Requirements:
Bachelor's Degree preferred and a minimum of six (6) + years' experience working in mortgage banking, business administration, or compliance.
Experience in the Mortgage industry preferred.
Why work for #teamloanDepot:
Aggressive compensation package based on experience and skill set.
Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
Work with other passionate, purposeful, and customer-centric people.
Extensive internal growth and professional development opportunities including tuition reimbursement.
Comprehensive benefits package including Medical/Dental/Vision.
Wellness program to support both mental and physical health.
Generous paid time off for both exempt and non-exempt positions.
Base salary is one piece of our total rewards package and is structured within a range so you can progress as you grow in the role. For this position, the anticipated annual base salary range is $29.81/hr to $41.11/hr nationally. In certain high-cost geographic markets (CA), the anticipated annual base salary range is $34.62/hr to $47.62/hr. Actual compensation will depend on your skills, experience, qualifications, and the work location tied to our geographic pay structure.
About loanDepot
LoanDepot, sometimes stylized as loanDepot, is a Lake Forest, California-based holding company which sells mortgage and non-mortgage lending products. In 2015, the company claimed to be the second largest non-bank provider of direct-to-consumer loans in the United States.
LoanDepot was founded in 2010 by entrepreneur Anthony Hsieh, who had previously founded mortgage companies LoansDirect.com which he sold to E*Trade, and HomeLoanCenter.com, which he sold to LendingTree. The company's products at the time included fixed rate, jumbo, FHA and home equity loans, in addition to more controversial adjustable-rate mortgages and negative amortization products.
In November 2015, the company postponed a planned IPO, citing poor market conditions.
In March 2017, the company introduced technology to automate the loan process, allowing customers to apply for a mortgage without talking to a loan officer.
In January 2018, the company announced two products as part of its technology platform, now called Mello, a home improvement unit to allow contractors to offer financing to customers, and Mello Home, a platform to connect pre-approved buyers to realtors.
In September 2019, the company partnered with Century 21 Redwood Realty to form a new mortgage platform for the mid-Atlantic area, Day 1 Mortgage.
loanDepot went public on the New York Stock Exchange on February 11, 2021 under the ticker symbol LDI.
