Mortgage Loan Officers, Originators, Consultants, Brokers, Specialists, Coordinators and Processors Owed Overtime Pay?

Mortgage loan officers, originators, consultants, brokers, specialists, coordinators and processors often facilitate mortgage lending by finding potential clients and assisting them in applying for loans. Mortgage loan officers, originators, consultants, brokers, specialists, coordinators and processors also gather personal information about clients and businesses to ensure that an informed decision is made regarding the creditworthiness of the borrower and the probability of repayment.

Mortgage loan officers, originators, consultants, brokers, specialists, coordinators and processors may provide guidance to prospective loan applicants who have problems qualifying for traditional loans. In many instances, Mortgage loan officers, originators, consultants, brokers, specialists, coordinators and processors act as salespeople. Mortgage loan officers, originators, consultants, brokers, specialists, coordinators and processors develop relationships with commercial and residential real estate agencies so that, when an individual or firm buys a property, the real estate agent might recommend contacting a specific loan officer for financing.

Mortgage loan officers, originators, consultants, brokers, specialists, coordinators and processors are quite often entitled to overtime pay, yet employers often fail to pay them for their overtime hours worked by, for example, misclassifying them as exempt.

Were you a mortgage loan officer, loan originator, loan consultant, loan broker, loan specialist, loan coordinator or loan processor?

Were you not paid for all your overtime hours worked?

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–Report Unpaid Overtime –

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