Branch Loan Officer
About The Position
Originates mortgage loans in an assigned territory; develops referral relationships with realtors, builders, bankers, and other sources in order to proactively solicit business and conduct sales-related activities, in order to meet specific loan volume origination goals. Counsels customers, takes applications, conducts preliminary underwriting reviews, and submits loan applications to processing and underwriting for approval using laptop technology. Remains front line contact with customers and realtors to ensure that documents required for processing, underwriting, and closing are secured in a timely manner. The salary for this position is 100% commission.
Requirements
- Equivalent to a two-year college degree or completion of a specialized course of study at a business or trade school
- Minimum of two years' experience in Mortgage Loan Officer role in similar organization
- A personal smartphone is a requirement for employment with us.
Nice To Haves
- Experience with FNMA Desktop Underwriter, FHLMC, FHA, and VA, PC Lender and Mortgage processing systems desired.
- Bilingual English/Spanish
Responsibilities
- Interviews and assists members.
- Inputs loan applications into on-line loan system.
- Monitors on-line queue of member originated loans.
- Reviews files for completeness and accuracy.
- Communicates with loan processor/closer regarding any outstanding items and/or additional documentation needed.
- Requests additional information.
- Communicates terms and conditions of an approved loan and reviews with member.
- Delivers Good Faith Estimate/ TIL disclosures within 72 hours of application date.
- Assists with processing and loan closing coordination with member.
- Cross-sells other credit union services.
- Keeps informed of current trends in mortgage lending and market factors affecting mortgage lending.
- Adheres to all applicable Federal and State laws and regulations governing the Credit Union, including the Bank Secrecy Act (BSA).
Benefits
- Focus on supporting our employees’ mental, physical, and financial well-being
- Commitment to diversity, equity, and inclusion recognized by the Denver Business Journal and Colorado Association of Realtors
- Reputation for excellence, as evidenced by being a two-time recipient of the Malcolm Baldrige National Quality Award
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
