Loan Originator / Officer

Alcova Mortgage LLC•Cottontown, TN

34d•Onsite

About The Position

ALCOVA Mortgage Loan Officers are experienced and passionate mortgage professionals who thrive in a fast-paced environment, originating residential and government mortgage while providing the highest level of customer service.

Requirements

Must be actively and appropriately licensed as a Loan Officer and possess National Mortgage Licensing & Registry (NMLS) registration under the SAFE Act of 2008
Minimum of at least one year of experience in the mortgage field is required; two years of mortgage experience or previous sales support experience is preferred
Strong pipeline skills, with an ability to prioritize complex diversified responsibilities and multi-task in a fast-paced environment
Knowledge of federal and state fair lending requirements
Ability to work collaboratively with others
Excellent interpersonal and communication skills (verbal and written)
Strong customer service skills
Ability to use deductive reasoning
Working knowledge of Encompass and RESPA software
Proficient computer skills, especially Microsoft Office (Word, Excel, and Outlook) and Internet applications
Self-starting, self-reliant, highly motivated and dependable
Technologically savvy and comfortable learning new computer systems and programs
Ability to adapt to changing environments, situations, and job responsibilities
Ability to work flexible hours and overtime, if needed
Strong moral compass with high standards for workplace integrity
Compliance with all Bank Secrecy Act (BSA), Anti-Money Laundering (AML) laws, and Office of Foreign Asset Controls (OFAC) requirements is required. Employee must complete annual training in these areas
Employee must always be able to meet any and all applicable qualifications and standards required for Loan Officer licensure under the SAFE Act. Employee must remain current on any and all applicable registration, licensing and training obligations required under the SAFE Act and/or any other state, federal or local laws pertaining to Loan Officer certification or standards.
Employee is not entitled to commission on any loan originated at any time when Employee is not properly licensed. Employee may only originate loans in the state where s/he is licensed and Employee and/or his/her Branch are physically located.

Responsibilities

Know and successfully apply the principles of: 1. Lending basics 2. Compliance 3. Loan documentation 4. Lending guidelines 5. Fiscal literacy 6. Deal structuring 7. Computer technology
Develop and use a strong Unique Selling Proposition (USP) with potential clients, clients and referral partners
Use excellent phone skills in generating leads, making sales presentations and communicating with clients and staff
Create and make face-to-face sales presentations to individuals or groups
Help create collateral presentation materials
Complete all loan applications thoroughly before sending to processor
Contribute to organizing and attending broker open houses
Build and manage electronic database of past clients, referral partners and potential clients
Successfully use creative marketing and sales practices to create new business
Understand and effectively utilize industry sales tools including: Mortgage Coach, The Perfect Loan Process, Mortgage Market Guide, etc
Build purposeful relationships with referral partners by: 1. Consistently attending networking groups 2. Consistently attending open houses 3. Consistently visiting referral partners 4. Becoming a community resource
Provide excellent customer service that adds value to leads, clients and referral partners through: 1. Contacting with a purpose of educating 2. Creating and distributing Gifts of Knowledge (GOK) materials 3. Building a multi-dimensional network of professionals for referral purposes
Utilize an effective personal time management system
Complete company reporting requirements accurately and in a timely fashion
Invest in your career through e-learning sites, seminars, business courses, literature and coaching