Junior CRA Mortgage Loan Officer

Stock Yards Bank & Trust•Louisville, KY

10d

About The Position

Sell residential mortgage loan products through sales efforts focusing on low to moderate income areas and borrowers in Jefferson County/Louisville MSA.

Requirements

High school/GED education, College degree preferred
3 to 5 years of outside sales experience with FHA, VA, and conventional lending
PC Literacy with 35 WPM typing skills
Knowledge of basic underwriting guidelines preferred
Professional appearance and demeanor
Excellent sales and communication skills, negotiating skills and assertiveness
Ability to perform in high pressure situations

Responsibilities

Perform essential duties and responsibilities within designated market of Jefferson County/Louisville MSA with an emphasis on low to moderate income areas and borrowers
Originate and complete the workflow of a mortgage loan application to closing for leads generated by and referrals directly to JMLO
Assist MLO with prequalification and maintaining relationship with borrower to convert to application
Assist MLO by reviewing initial applications, reviewing for accuracy and completeness, run AUS, review credit,
Assist MLO by completing disclosures and schedule initial disclosure appointments with borrower if applicable
Work to achieve satisfactory CRA rating in designated market
Aggressively pursue contact with individuals, realtors, builders, non-profit organizations, and advocates, to expand network contacts and relationships to generate sales
Participate in business development activities outside of the office, such as realtor open houses, homebuyer seminars, financial literacy opportunities, church groups, trade shows, as well as community development activities
Engage in marketing and promotional activities, such as lunch and learn presentations to groups and membership in civic organizations to generate sales
Consult with customer to compile a fully completed loan application in order to meet compliance guidelines while negotiating terms and conditions
Collect, compile and analyze information for acceptability for approval for loan product
Communicate with clients and potential clients, answering questions and providing information, acting as the primary point of contact from sale to closing
Work diligently with all of mortgage operations (Setup, Mortgage Compliance, Underwriters, Processors, and Closers) to facilitate a loan transaction
Create a collaborative partnership with your processor to ensure an efficient and expedient loan process
Expand partnerships as requested by the Director of Community Engagement and Outreach
Keep Senior Mortgage Loan Officer abreast of all CRA projects and strategies
Maintain up-to-date knowledge of FHA, VA, Fannie Mae and Freddie Mac conventional loan rules, regulations and guidelines through a combination of educational classes, correspondence courses, on the job training and investor web sites
Other duties as assigned by the Regional Lending Sales Manager