Mortgage lender Embrace Home Loans is looking to hire loan officers, underwriters and loan processors in three of its origination channels across several states. The Rhode Island-based company intends to expand its operations staff as well to meet production growth.
After a partnership with Ameriprise Financial earlier this year, Embrace aims to add loan officers to its Financial Institutions Group. The mortgage lender said it also plans to hire close to 20 mortgage loan associates and 10 loan officers in the next 60 days for its direct-to-consumer channel in Middletown, Rhode Island.
Additionally, Embrace Home Loans is looking to hire retail loan officers for its various branches along the East Coast including in New York, Massachusetts, Connecticut, New Hampshire, Maryland and Florida.
The company prefers processors to work in Middletown or one of its retail branches, with remote options available based on experience. Underwriters are 100% remote and are primarily focused in the Eastern portion of the country, with a few hired in the Midwest.
Closers are being hired in Middletown and work in the office, although remote options are available based on experience.
“We have been well-positioned to capitalize on the current origination market and have been able to expand our production volume considerably, even given some of the economic challenges that COVID-19 has brought on,” said Dennis Hardiman, CEO of Embrace Home Loans.
In the midst of the pandemic, Embrace Home Loans continued to hire 45 new employees and launched a six-month “Mortgage Loan Associate” program to educate new hires with no mortgage experience.
The company also enacted an online learning environment to enhance remote work for loan officers, online communities for teambuilding, and relief days for those whose loved ones were affected by COVID-19.
“We nurture and develop talent by working with our employees to carve out a clear career path at Embrace,” said Patrick Mullen, director of recruiting. “That is one of the reasons our employees stay with us for so long. The average tenure of our loan officers is just over seven years across all channels, compared to the industry average of approximately two years. At Embrace, we’re firmly committed to our employees and provide them with the support and tools they need to succeed.”
For those interested in becoming a part of the Embrace Home Loans team click here to apply online.
HousingJobs is a curation of housing companies that are hiring. If you are looking for a job in the industry, check out our hiring stories here. If you’re an executive at a housing company and you’re hiring, please send a note to our Chief Product Officer Diego Sanchez at [email protected].