Licensed Community Mortgage Loan Officer

Job Posting

Do you have at least 2 years' worth of mortgage loan origination experience? 

Do you have a passion & knack for engaging community organizations & partners, especially as it relates to fair lending & providing financial services to underserved communities? 

Do you excel at engaging with people & building partnerships & relationships?

Are you looking for a new opportunity to join a GREAT work culture, with room to grow and plenty of work to go around?

Are you a team player with a hunger to grow and make a difference?

Then this might be just the opportunity for you!

Here at Fairway, we strongly believe the way we do things is just as important as what we do. Our Core Values define how we work together as team, support individual growth, and guide us  in determining how we can best serve our customers, team members and communities. As a member of our Fair Lending team, YOU can be a difference maker! (NOTE: This role will work out of an office more on the East side of Birmingham, AL within the I-459 loop, but exact office address has yet to be determined. Current mortgage loan origination experience is REQUIRED.)

Essential Job Functions-Description:

·   Community Loan Officer

·   Qualifies customers, submits applications, and facilitates essential communication between parties throughout the process.

·   Takes mortgage application and submits loan applications to processing

·   Advises customers on the mortgage loans that are appropriate for their individual financial circumstances.

·   Directs focus on originating residential mortgage loans to consumers in underserved communities.

·   Increases mortgage loan volume, primarily focusing on underserved communities, through effective selling.

·   Promotes Fairway’s efforts and generates residential mortgages in underserved communities.

·   Represents Fairway at educational seminars, workshops, and housing programs with state and local, and non-profit housing organizations.

·   Structures loan to comply with acceptable lending practices and Federal regulations.

·   Complies with all appropriate company policies and regulatory guidelines.

·   Develops relationships with nonprofit housing groups, state and local housing offices, and community-based affordable housing organizations.

·   Responsible for community outreach in underserved communities.

·   Teaches financial literacy classes, first-time homebuyer classes, etc. to all types of customers from the financially savvy or inexperienced.

• Performs other duties as assigned

Non-Essential Job Functions

• Leads proactive team efforts to achieve departmental and company goals.
• Leads a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value can do people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun.
• Adopts Fairway values in personal work behaviors, decision making, contributions and interpersonal interactions.
• Performs other duties as assigned.

Required Experience

• Demonstrated experience working in a fast paced and changing environment.
• Demonstrated experience effectively managing relationships with internal and external partners.
• Demonstrated experience producing accurate and detailed work on multiple projects under time pressure.

Additional Experience Requirements

• SAFE Act Compliant and mortgage loan originator license in the state in which loans are being originated
• Demonstrated experience in retail loan origination / sales preferred, including: | 2 years of recent loan origination experience | Consistent source of referral-based business from realtors, builders, attorneys, financial professionals, etc. | Proven loan origination in the last 2 consecutive years
• Demonstrated experience using available information to make sound business decisions
• Demonstrated experience with attention to detail, written and oral communication, multi-tasking, managing a loan pipeline (preferred), and working in a team atmosphere adhering to tight deadlines
• Prior mortgage experience in developing external business relationships.

Required Knowledge and Skills

• Solid knowledge and understanding of a variety of loan programs including Conventional, FHA, USDA, VA and secondary marketing guidelines to manage complex loan level issues.
• Extensive knowledge and understanding of customer service and intrapersonal best practices.
• Solid knowledge and understanding of mortgage-related terms, such as escrow, taxes, closing documents and insurance.
• Solid knowledge and understanding of mortgage lending processes, procedures and regulations.
• Solid knowledge and understanding of state and federal real estate lending regulations.
• Extensive knowledge and understanding of building quality client relationships

Additional Knowledge and Skills

·       Extensive knowledge and understanding of building quality client relationships

·       Demonstrated knowledge and experience with FHA, VA and conventional underwriting guidelines for all loan investors

·       Demonstrated knowledge and experience working with community-based nonprofits, community groups, consumer advocacy groups, and civic/professional groups

·       Deep knowledge of state, local and county down-payment-assistance programs

·       Knowledgeable on agency and investor regulations and guidelines

·       Sales acumen

Minimum Education Preferred

• High School or GED
• Loan Originators must have an active mortgage loan originator license sponsored by Fairway Independent

Additional Education Requirements

• Loan Originators must have an active mortgage loan originator license sponsored by Fairway Independent Mortgage Corporation through the NMLS for every state in which they conduct business before representing themselves as a mortgage loan originator.

Physical Environment

• This position is primarily an in office position. Normal office environment.

Travel

• Local travel may be required for company or career-related meetings, programs and/or events.

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At Fairway, we are committed to cultivating, fostering, and preserving a culture of diversity and inclusion. In order to attract, recruit, hire, develop, and retain the very best employees at all levels, Fairway is committed to embracing talent and supporting a culture of inclusivity, reflective of Fairway's Core Values.

Fairway is an equal opportunity employer & is committed to equal treatment and opportunity in all aspects of recruitment, selection, and employment without regard to gender, race, religion, national origin, ethnicity, disability, gender identity/expression, sexual orientation, veteran or military status, or any other category protected under the law.