Loan Officer, DSCR and Small Business

About Figure

Figure is maximizing the value of homeownership in ways that benefit consumers and the industry alike. We’re helping homeowners tap their liquidity easily, efficiently and reasonably for purpose-driven, significant expenditures – everything from dream home renovations and debt consolidation to small business formation.

In seven years, we’ve become the country’s #1 non-bank HELOC lender. As a financial technology firm operating at the intersection of regulation and transformation, we’re a “unicorn” – a group of fewer than 1000 companies globally that is valued at $1B or more and has been in operation for less than ten years. 

Our mission requires us to have a creative, team-oriented, and supportive environment where everyone can do their absolute best. We are motivated, innovative, collaborative, and curious. We value individuals who bring a problem-solving mindset to every task. Every day at Figure is a journey in continuous learning combined with a focus on getting work done that makes a difference. Join us!

Wealthfront Career-Launching Company 

Figure Series D Announcement

We’re seeking candidates for the ‘Loan Officer, DSCR & Small Business’ role to join our dynamic Operations organization! We have launched an industry-disrupting digital DSCR loan product that is 100% online, faster, and more convenient than the traditional DSCR products in the market. You’ll be a critical contributor to our DSCR origination strategy as you support borrowers sourced via our direct-to-consumer efforts.

This Loan Officer will engage with customers, educate them on financing options, and ensure a positive experience for all borrowers. You’ll also work closely with our DSCR-focused Account Managers and Underwriters to scale 

• Convert a high volume of company-provided leads into happy Figure customers
• Connect with prospective borrowers via outbound calling initiatives, text message, and email
• Guide clients through their loan borrowing decision - and help them navigate our digital application process to close more sales
• Collaborate with our Account Managers and Underwriters to drive accurate credit decisions for borrowers
• Consult with clients to find the right loan product, interest rate, and term length to meet their needs
• Consistently beat sales targets every month

• BA/BS from an accredited university (preferred)
• 2+ years of experience in mortgage lending as a Loan Officer
• 1+ years of business-purpose and non-QM lending experience, including DSCR products
• 2+ years of experience in sales – with the proven ability to “close”
• Demonstrated ability to consistently exceed sales targets
• Active NMLS licenses
• Ability to work evening and weekend hours as required (earn overtime pay!)

• Base compensation range: $25 to $32 per hour 
• On-target earnings range: $100,000 to $116,000
• A commission plan that rewards results – with uncapped commissions and upside accelerators
• This is the compensation range for the United States, actual compensation may vary based on individual candidate experience, location, or evolving business needs

Benefits

• Comprehensive health, vision, and dental insurance with 100% employer-paid premiums for employees and their dependents on select plans
• Company HSA, FSA, Dependent Care, 401k, and commuter benefits
• Employer-funded life and disability insurance coverage
• 11 Observed Holidays & PTO plan
• Up to 12 weeks paid family leave
• Continuing education reimbursement

Depending on your residential location certain laws might regulate the way Figure manages applicant data. California Residents, please review our California Employee and General Workforce Privacy Notice for further information. By submitting your application, you are agreeing  and acknowledging that you have read and understand the above notice.

Figure will not sponsor work visas for this position. In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.

#LI-MM #LI-Hybrid