Home Loan Development Officer

Red Canoe Credit Union•Longview, WA

10d•$0 - $36,000•Onsite

About The Position

At Red Canoe Credit Union, we're more than a financial institution. We're a people-first organization dedicated to helping our members, employees, and communities thrive. We're looking for passionate, knowledgeable, and dependable individuals who want to make a meaningful impact every day. As a member-owned, not-for-profit credit union, our focus is simple: people over profits. When we succeed, our members benefit. If you're searching for a rewarding career where your work matters and your contributions are valued, Red Canoe could be the perfect fit. Since 1937, we've stayed true to the cooperative principles that set credit unions apart. For nearly 90 years, we've reinvested in our members rather than shareholders, helping build stronger financial futures and stronger communities. Today, Red Canoe serves members through 11 branches across Washington and Oregon, with members in all 50 states. While we've grown, we've never lost our local roots. Giving back, supporting our neighbors, and making a positive difference in the communities we serve are at the heart of everything we do. Join a team that's committed to people, purpose, and community. At Red Canoe Credit Union, we believe in rewarding talent and experience with competitive and transparent compensation.

Requirements

Possess a professional demeanor and have excellent written and verbal communication skills.
Demonstrated ability to independently generate mortgage loan opportunities through referral relationships, community involvement, professional networking, business development, and other self-sourced activities.
Ability to develop and maintain productive relationships with members, real estate professionals, builders, financial professionals, and other community and referral partners.
Experience analyzing borrower income and financial documentation, including personal and business tax returns, to evaluate loan eligibility and appropriate financing options.
Strong sales, negotiation, analytical, and mathematical skills with the ability to effectively identify member needs and recommend appropriate mortgage solutions.
Demonstrated self-motivation and ability to work independently in a fast-paced, production-oriented environment while managing multiple priorities and meeting required deadlines.
Ability to make sound lending decisions consistent with Credit Union policies, underwriting guidelines, regulatory requirements, and established risk standards.
Possess a high level of interpersonal, relationship-building, and consultative sales skills.
Maintain a professional demeanor with excellent written and verbal communication skills.
Must be bondable.
Must be registered with the Nationwide Multistate Licensing System & Registry (NMLS) as a condition of obtaining and/or maintaining the Mortgage Loan Originator (MLO) position.
Minimum of 3 years mortgage lending or mortgage sales are required.
High school diploma or equivalent.
Demonstrated computer/PC & keyboarding skills; plus, calculator and other office machines proficiency.
Ability to read English by sight; and, both speak and write English.
Ability to hear by telephone and in person

Responsibilities

Responsible for interviewing mortgage loan applicants and requesting specific information required for complete analysis of the loan.
Be knowledgeable of all Red Canoe Home Loan products, rates, and programs and provide accurate information to loan applicants.
Negotiate terms and conditions of the loan and enter the application in Red Canoe’s online platform.
Prepare loan packages by making a recommendation for approval or denial, compile income and debt figures, credit reports, establish debt ratio, and verify employment.
Fully comply with all Fannie Mae DU findings and credit union guidelines to ensure the file satisfies all preliminary conditions set by underwriting.
Act as the primary contact for members, realtors, title and escrow officers, and other Red Canoe employees to facilitate a timely and efficient loan funding.
Consistently manage a personal loan pipeline to ensure member quality service standards are met.
Delivery loan originations that exceed Red Canoe’s minimum standards, and work in accordance with departmental sales and service policies and goals.
Stay abreast of local real estate market trends and developments as well as changing rules and regulations related to conforming and government-insured loans.
Following successful completion of the 90-day introductory period, the Loan Officer is expected to consistently originate a minimum of $500,000 in funded mortgage loan volume per month, with an annual production goal of at least $6 million in funded mortgage loan volume.
Demonstrate knowledge of real estate and finance through appropriate experience or certified course work.
Follow and be knowledgeable of home loan department and services, loan officer guidelines, and credit union policies and procedure approved by the Board of Directors.
Possess a thorough knowledge of loan program requirements and investor requirements.
Update the LOS (Encompass) as completely and accurately as possible prior to submitting a loan for underwriting.
Knowledgeable of and consistently observant of loan officer guidelines, policies and procedures.