Retail Loan Officer - Multicultural

Company: Colonial National Mortgage
Job Title: Retail Loan Officer - Multicultural
City: Abilene State: Texas

Retail Loan Officer - Multicultural

Job Description

The Retail Loan Officer - Multicultural will be responsible for outside sales of mortgage loan products to realtors, builders, and individuals. They will conduct sales presentations and seminars to various local trade associates and civic organizations for the purpose of promoting Colonial National Mortgage products and services.
Responsibilities include:

• Originate FHA, VA and conventional loan production in market area
• Counsel, advise and qualify home buyers for particular programs
• Increase mortgage loan volume, primarily focusing on CRA, low-to-moderate income, and minority customers, through effective selling
• Attend and partner on sales seminars and builder/realtor meetings to generate loan volume within market area
• Coordinate and conduct First Time Home Buyer seminars for potential CRA and multicultural origination mortgage applicants
• Primary loan focus on low-to-moderate income, minority and first time home buyers
• Partner with community, non-profit and government agencies focused on affordable housing programs or minority communities
• Work with processors to expedite and assist in the processing and closing of each loan according to company and government policies
• Keep informed of trends and developments in the local real estate market, as well as the changing rules and regulations pertaining to both private and government-insured mortgages
• Other duties as assigned

Job Requirements

• 2 years of experience in selling of Conventional, FHA, VA, and Private Investor mortgage loans for purchase transactions with a proven track record of success
• 2 years of experience and proven production working with this segment of the market in the area of community and diversity mortgage loan origination
• Bilingual in Spanish or Korean highly preferred
• A thorough understanding of current underwriting criteria and guidelines, current loan programs, governmental regulations, etc.
• Thorough knowledge of the local market
• Advanced public speaking skills with the ability to make presentations
• Ability to educate borrowers on loan products and processes
• Strong relationship-building skills
• Must be able to effectively communicate with customers, employees and managers in writing or verbally, via advanced telephone and email skills, as well as, in person
• Successful NMLS registration will be required

This position offers a full range of benefits including Health, Dental, and 401k.
Equal Opportunity Employer
M/F/Disability/Vet.

Colonial is a national provider of banking, home loans and insurance. Founded in 1952, the company has $1 Billion in assets and is privately held by choice to ensure our focus remains on our customers and not the expectations of Wall Street. Colonial is rated “Five Stars – Highly Recommended” as one of the strongest financial institutions in the country by Bauer Financial, a leading analyst, and has earned Fannie Mae’s Four STAR award for customer service and foreclosure prevention, as well as the highest achieving STAR Performer for best practices in General Servicing, Collections/Loss Mitigation and Neighborhood Stabilization in 2014.

Member FDIC | Equal Housing Lender | NMLS ID 401285

Recommended Skills
Mortgage Loans
Underwriting
Loan Origination
Loans
Real Estates
Spanish Language

Job Snapshot
Employee Type
Full-Time
Location
Abilene, TX
Job Type
Business Development, Finance, Sales
Experience
Not Specified
Date Posted
08/25/2021
Job ID
2822/3979/14189

Job Type: Full-time