Bay Equity, NMLS #76988

Loan Officer

Rogers, MN

Bay Equity is a full-service retail direct mortgage lender. Founded in the heart of San Francisco’s financial district in 2007, the company recently moved to new corporate headquarters in Sausalito. Bay Equity Home Loans is currently licensed in 31 states and is expanding across the nation and is heavily expanding in the Greater Minneapolis/ St Paul market. In addition to retail branches in 22 states, the company has corporate and operations centers in Concord and Sausalito, CA, Denver and Grand Junction in Colorado, Lake Oswego, OR and Everett, WA.

Bay Equity is family owned and operated. The company is a long time supporter of the Warrior Foundation-Freedom Station, donating a portion of the proceeds from each FHA and VA loan funded. Bay Equity has hired accomplished mortgage and financial professionals at all levels and has proudly assembled a highly experienced staff of corporate executives and operations professionals.

A couple of Bay Equity's marketing and support initiatives include its Corporate Care benefits program and its loan discount program for Loans to Heroes.

Bay Equity has a great culture, full agency approval (Fannie, Freddie, Ginnie), a robust marketing platform, exceptional IT and HR support and is looking for top mortgage professionals to join our team.

Bay Equity has positioned itself uniquely in the market providing you with systems and a support team that will allow you to maximum time in the field and minimize your file and client follow-up. Bay Equity has perfected this system proven by the top volume loan officers in the state and nationally.

The Role

We are looking for the ideal candidate to join our team who generates the bulk of their business by providing professional financial services in the residential purchase market.   Our Loan Officer will have the opportunity to work independently to create and develop relationships with borrowers, realtors, builders, developers, personal contacts, and other valuable referral sources.  They have a unique opportunity to grow maintaining a high standard in customer service and professional ethics and will report directly to the Area Sales Manager. Opportunity to work remotely.

Tasks & Duties

•Pre-qualify client files within specified limits based on Fannie, Freddie and Jimmie direct based guidelines (no over-lays).

•Analyze applicants' financial status, credit, and property evaluations to determine feasibility of approving borrowers.

•Obtain and compile copies of supporting documents through our automated documents portal.

•Complete loan applications and submit to full disclosure department to be generated.

•Remain educated on loan types and financial services and products in order to meet customer needs.

Required Skills & Experience

•2+ years or licensed loan origination

•A current active license

•Continued education completed for 2016

•Technologically advanced

•Ability to analyze financial data and comprehend market fluctuations

•Working knowledge of lending guidelines and a thorough understanding of the process and procedures


•Competitive pay plan

•401K Plan

•Agressively competitive Medical, Health, Dental and Vision coverage

•Flexible spending account and health savings account

•Life and disability Insurance

•Day-care reinbursement

•President Club's Recognition with annual corporate family trip

•Extremely experienced loan co-ordinator, opener, processor, underwriters and office staff

•Personalized website including online application

•On-site marketing coordinator provided

•Top industry marketing including automated and drip campaigns.

•Automated credit score monitoring

•Mobile Messenger for automated voicemail delivery

•Professional and enthusiastic atmosphere

•Emmy award winning videographers on staff

•Technology provided to you at no cost, including Microsoft Surface 


Bay Equity, NMLS #76988

David Kosmecki

NMLS #265365 Area Sales Manager
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