Loan Officer

Cornerstone Home Lending•Lubbock, TX

About The Position

Cornerstone is seeking an experienced Licensed Loan Officer to join a tight-knit, goal-oriented team. The role promotes and sells Company loan products and services to potential customers, while ensuring customers and referral partners receive an accurate and timely closing process. The Loan Officer manages client relationships, assesses prospective borrowers’ financial and credit information, negotiates loan terms, and coordinates the loan workflow through closing.

Requirements

At least 2 years of mortgage industry experience with a clear understanding of the residential mortgage loan process from application through fulfillment, or a bachelor’s degree or equivalent preferred.
Must hold the appropriate license, or be able to obtain it within 60 days of the start date, from the applicable regulator in each state where the employee performs licensed activities.
Excellent communication skills.
Strong organizational, problem-solving, and analytical skills.
Time management skills, organization, and a positive attitude.

Nice To Haves

A bachelor’s degree or equivalent is preferred.

Responsibilities

Provide excellent customer service.
Manage client relationships and identify client service and sales needs.
Respond to customer inquiries and referrals generated through the Loan Officer’s contacts.
Interview prospective borrowers to analyze financial and credit data.
Market, promote, and sell Company loan products.
Negotiate rates and terms.
Set and manage customer expectations for the loan process.
Monitor and manage workflow to ensure timely closing.
Maintain product knowledge and stay current on changes in market conditions.
Comply with all applicable laws and regulations governing residential mortgage lending.