Loan Officer
Stanley Martin Homes
About The Position
The Loan Officer is responsible for assisting customers with researching loans and navigating the application, approval and settlement process. The Loan Officer’s duties include making recommendations on loan options to clients, explaining their terms, and assessing risks based on the client’s credit and processing documentation.
Requirements
- Current, active NMLS license.
- Knowledge of SAFE Act.
Nice To Haves
- 4-year college degree preferred.
- Experience with Encompass / Optimal Blue / DU & LP, preferred.
Responsibilities
- Identify, develop and maintain a quality network of business relationships that serves as a recurring source of referrals for new mortgage lending opportunities.
- Advise clients about the risks, consequences, and benefits of alternative lending solutions.
- Provide an assessment of credit risk by analyzing individual credit/loan application for adherence to guidelines, policies and procedures determined by investors.
- Use state of the art technology to manage loan pipeline and conduct credit analysis.
- Maintain an active knowledge base of all of the organization’s loan products and an understanding of the qualifications required of each applicant.
- Review active loan files to determine if any documentation is missing and request, if necessary.
- Maintain open communication between processors, underwriters and closers.
- Communicate with builders/realtors on loan status on a continual basis.
- Network with local realtors and business associations.
- Attend bi-weekly loan officer meetings.
Benefits
- Access to competitively priced, high-quality health care options through Aetna, MetLife and EyeMed
- employer-paid Short Term and Long Term disability
- basic life and AD&D insurance
- employee-paid life
- Legal Resources
- Aflac supplemental options
- 401(K), with up to $4K employer match
- Health Savings Account (HSA)
- Flexible Spending Account (FSA) for dependent care
- 12 weeks of paid maternity leave through our Short-Term Disability Plan
- wellness benefits, including free and low-cost mental health resources and support services through our Employee Assistance Program
- Paid Time Off (increases with tenure)
- no-cost coverage for identity theft or travel mishaps
- access to paycheck early with an advanced pay option through Dayforce Wallet
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
