Loan Officer Trainee

The Cavco Family of Companies•Plano, TX

24d•Onsite

About The Position

CountryPlace Mortgage, a leading nationwide personal property, mortgage and commercial lender headquartered in Plano, TX, is seeking a Loan Officer Trainee to help grow our Originations Department. This in-person role is in our Plano, TX office. As a Loan Officer Trainee, you will collaborate with Loan Officers, Loan Processors, Lending Associates, Underwriting, Compliance team and other essential departments. The Loan Officer Trainee will be responsible for performing a detailed review of loan documentation. This includes reviewing the credit application, credit reports, income documentation, asset documentation and any other loan documentation required to render a credit decision. The Loan Officer Trainee will also be accountable to study for and pass the MLO Exam.

Requirements

BA/BS degree required in Marketing, Business, Accounting, Finance or Management
Working knowledge of Microsoft Office Suite, specifically Excel
Effective written, verbal communication and interpersonal skills
Capable organizational and time management skills, with the ability to multi-task
Competent attention to detail
Ability to identify and resolve problems in a timely manner
Employ a strong sense of urgency and ownership in all activities
Ability to work well with a wide range of people
Positive & professional demeanor
Applicants must be authorized to work for ANY employer in the U.S.
Unable to sponsor or take over sponsorship of an employment Visa at this time.
Local candidates only - relocation not available.

Responsibilities

Review and analyze loan application, credit report, income and asset documentation to render credit decisions in compliance with investor guidelines
Maintain the highest level of service possible for retailers and customers
Provide unparalleled service, ensuring needs are met in a timely and accurate manner
Effectively communicate the loan approval or denial reasons to appropriate party
Work with internal staff to provide follow-up, counter offers and additional information
Refer loan requests with recommendations and documentation to underwriters
Reviews conditions submitted on approved loans, clears conditions when appropriate and submits to Credit Analyst for review and approval
Ensure loans adhere to investor guidelines
Assist Loan Officers by completing service orders and reviewing condition submissions
Assist servicing department by collecting payments during times of high volume
Ability to adjust work and thought process to accommodate multiple investor guidelines
Dedicate time to studying MLO Exam materials, completing practice and passing the MLO Exam
Assist LO’s in ordering services, preparing internal items and other LO tasks as
Apply for licenses as directed by management and complete all license requirements in a timely manner
Communicate with borrowers for conditions and other clerical items
Consistently meets and exceeds individual, team and department objectives
Perform other duties and special projects as assigned