Mortgage Loan Officer

This lender must proactively seek new business and build a pipeline. Part of this role will require maintaining organization of secondary market and portfolio first mortgage loans to meet deadlines and comply with internal policies and government regulations. As this position is in large part commission based, significant time calling on prospective members and referral sources is essential.

Responsibilities

• Accept and review applications for mortgage loan business. Explains loan programs and advises members of loan options and requirements.
• Evaluates acceptability of loan on secondary mortgage markets.
• Analyzes member financial condition to include credit history, credit score, collateral, and other financial information to assess the degree of risk and the member’s ability to repay the loan.
• Completes all loan documents. Ensures documentation is complete and accurate and conforms to Credit Union and regulatory standards. Completes required reports and records. Meets with member to explain terms and conditions and close the loan.
• Stays abreast of new types of mortgage loans and lending trends, market conditions and factors, and other financial services and products to better meet members' needs.
• Participates in developing lending and deposit business for the Credit Union. Identifies opportunities to cross-sell new or additional services or products to members. Markets the Credit Union’s mortgage lending program to companies and individuals within the real estate community.

Skills

• Proven working experience as a loan officer, first mortgage experience preferred
• Solid understanding of lending products and practices
• Proven track record of sales success
• Commitment to grow a portfolio and create the win/win
• Excellent communication and interpersonal skills
• Thrives in a goal oriented environment
• Familiarity with computers and banking applications/software
• College degree preferred, not required based on experience

Job Type: Full-time

Pay: $50,000.00 - $70,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Vision insurance

Schedule:

• 8 hour shift
• Monday to Friday

Supplemental Pay:

• Commission pay

Work Location: One location