Job Description
The Mortgage Loan Officer is responsible for originating quality Residential Loan Mortgages to contribute to the overall production goals, business growth and portfolio outstanding. The Mortgage Loan Officer will deliver high quality service to our customers (new and existing) as well as service their residential mortgage needs. They will present approvable loan packages in compliance with regulations and guidelines.
This position will be responsible for mentoring entry level Residential Lenders
Duties and responsibilities include:
Interview loan applicants and assist with the completion of the mortgage loan application including explanation of mortgage process and disclosures.
Interview loan applicants and assist with the completion of the CRA (with or without Affordable Housing Programs) mortgage loan application including explanation of mortgage process and disclosures
Collect and verify accuracy of needed documentation required for approval while complying with guidelines and regulatory requirements
Work and partner with processor and underwriter to promptly complete and obtain decisions on mortgage requests
Collaborate with loan processor to ensure each residential mortgage application is processed accurately, timely and completely
Complete and/or collect any additional documentation needed by processor/underwriter or closer (obtaining missing information and resolve exception processing issues)
Monitor progress of transactions and keep borrowers updated on progress while ensuring compliance with regulations
Assist in the scheduling of the closing with client, processor, title company and closing coordinator
Input applications into the origination system and delivery early disclosures to residential customer
As required, interact with Realtors, Accountants and Closing Agents to develop new business and/or obtain required documentation and close transactions
Partner with Mortgage Loan Processor, Underwriting, Doc Prep, Closing and Operations to ensure an excellent customer service and high-quality originations
Actively participate in community functions to support for the Bank’s CRA lending efforts as well as joining committees that provide Affordable Housing programs
Identify and report to immediate supervisor any current or prospective risks to earnings or capital arising from violations of, or nonconformance with, laws, rules, regulations, prescribed practices, internal policies and procedures or ethical standards
Minimum Education and/or Certifications Requirements:
High School Diploma or GED required. Associates Degree or higher preferred.
*** Applicant must be NMLS registered and provide the company with NMLS number or be willing to register in NMLS prior to employment being offered. Additionally, FBI Criminal Background and credit check must be successfully passed before job offer is presented.
Minimum Work Experience Requirements:
3+ years of prior Residential Loan Officer experience in the local market with emphasis on non-government loans preferred.
Technical and/or Other Essential Knowledge:
Proven experience acquiring and developing a residential loan mortgage portfolio.
Proficiency with mortgage system origination (such as E3, Encompass, Empower).
Proficiency using Microsoft Office 365 products including MS Word, MS Visio, MS Excel, MS Teams, and MS PowerPoint.
Core Competencies
Must be detailed oriented and possess strong problem-solving, analytical and business development skills.
Must communicate effectively (verbally and in writing).
Must be able to plan, organize and execute projects.
Must be a team player, approach business in a professional manner, be customer oriented and contribute to a collaborative and position work environment.
Job Tags
Work experience placement, Local area, Immediate start,
Similar Jobs
Tombras
Tombras, a 400 person, full-service, national advertising agency with a digital mindset, is seeking a Creative Team (Art Director / Copywriter) for our Creative Department.What you'll be doing:Create award winning work.Own projects from start to finish. Whether it...
NexGoal
...therapists, case workers, and hospital medical teams, which may include pre-arranged appointments... .... Understand and train clients and sales staff on frequently utilized EMR systems... ...The physical demands described here are representative of those that must be met by an employee...
Concentra
...competency and compassion can make a meaningful difference in the lives of the patients you serve. As a Physician Assistant, you wil be subject to the medical protocols established by Association and the Chief Medical Officer of Concentra and in cooperation with other...
Mapcore
Concept Artist - Crystal Dynamics - Redwood City, CA! Reports to: Creative Director and Art DirectorManaged by: Art DirectorTitle DescriptionThe Concept Artist is responsible for working with the Creative Director and Art Director on the visual development of existing...
Year Up United
Year Up United is a one-year or less, intensive job training program that provides young adults with in-classroom skill development, access to internships and/or job placement services, and personalized coaching and mentorship. Year Up United participants also receive ...