Mortgage Loan Officer



Redwood City, CA, USA
Posted on Wednesday, December 6, 2023

ADU Finance is a wholly owned subsidiary of Abodu, the nation’s leading Accessory Dwelling Unit (ADU) provider. ADU Finance is looking for a leader in mortgage origination to support homeowners seeking financing opportunities for their ADU projects. You will be responsible for building and leading a best-in-class brokerage & non-delegated correspondent lending program to compliment Abodu’s product growth across the western US. We’re searching for a highly skilled leader in mortgage originations who has demonstrated experience in building and/or leading similar platforms in the residential or commercial mortgage industry.


  • Own and drive a roadmap which paves the way for ADU Finance to go from broker to non-delegated correspondent lender rapidly.
  • Develop creative solutions that meet the shifting demands of our customers
  • Evaluate and provide guidance on broker-centric and fulfillment third-party software.
  • Perform market research to select and source mortgage products suitable for all clients.
  • Prospect best-in-class direct and wholesale lenders to strengthen brokerage relationships while evaluating requirements and partnerships for ADU Financing’s correspondent lending future.
  • Negotiate and establish warehouse facilities as-needed to support non-delegated lending services.
  • Be a main contributor to ADU Financing’s policies and procedures including compliance and QC plans.
  • Assist in the training of less experienced underwriters
  • Work cross-functionally with Abodu team members.
  • Perform detailed underwriting analysis of all loan products including calculating all income type, calculating complex financial analysis, analyzing title reports and lien information, reviewing all financial statements, appraisals for product eligibility requirements, and reviewing any additional documentation prior to approval and clear to close.
  • Ensure that all loan files are documented to meet portfolio and investor guidelines to ensure marketability and maintain quality standards.


  • California state licensed MLO. DRE with MLO endorsement required in the state of California. Other state licenses a plus.
  • Bachelor’s degree
  • Certified Mortgage Compliance Professional a plus
  • 5+ years of similar brokerage and correspondent mortgage origination leadership, either in commercial or residential mortgage, with demonstrated success leading a team of loan officers
  • Proven success and expert knowledge in mortgage lending processes, and knowledgeable in the logistics and execution of a correspondent and white labeled table funding mortgage origination models
  • Balanced focus of driving origination volume with good quality underwriting and risk assessment
  • Successful track record of recruiting and developing operations team members (loan officers / underwriters)
  • Strong leadership and coaching skills, projecting a positive attitude, and providing an environment of professional excellence.
  • Supports achievement of business objectives through effective management of sales and operations

What we offer:

  • Competitive pay and equity
  • Team building events
  • Free healthy snacks (some sweet ones too!)
  • Bring your dog to work 🐶

Pay Transparency:

The below represents the expected salary range for this position in Redwood City, CA. We take a number of factors into account when determining compensation including your location, experience, and other job-related factors.

Salary Range: $35-$40 HOURLY PT + equity + benefits+Commission- Abodu expects to hire for this position near the middle of the range. Only in truly rare or exceptional circumstances where a candidates experience, credentials, or expertise far exceed those required or expected will we consider and offer at the top of the salary range.

Abodu offers a competitive benefits paid time off, company holidays, stock option plan, and commuter benefits.

Please note that all Abodu employees are required to be vaccinated.

Abodu is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.