Mortgage Direct Loan Officer

Alliant Credit Union•Chicago, IL

5d•$30,800 - $43,600•Hybrid

About The Position

Responsible for the development of new mortgage business from credit union members, non-credit union referral sources, and various lead aggregators. This role involves prospecting non-member borrowers and referral sources, as well as leveraging credit union-provided lead opportunities. The Mortgage Direct Loan Officer must stay current with credit union products and mortgage guidelines, utilizing this knowledge along with an overall understanding of mortgage lending and current market conditions to drive business development.

Requirements

Minimum - 4 Year Bachelors Degree in Business, Finance, Economics or Related
Minimum - 3 Years Consumer direct loan officer or related
5 Years Consumer Direct Loan Officer (In Lieu of Education)

Responsibilities

Development of new mortgage business through referral sources such as realtors and past clients.
Conduct outbound calling and selling to member leads and credit union provided non-member leads.
Develop sales and prospects and continually grow a diverse referral base.
Identify and sell Alliant’s mortgage strengths and niches.
Prospects and follows up with credit union provided leads; develops and consistently executes a goal-focused business plan.
Take accurate and complete first mortgage loan applications, collect initial documentation and forward to the processing unit.
Originate quality applications that meet Alliant’s product guidelines.
Set proper borrower expectations and work with members and processing to facilitate a smooth and timely member experience.
Work with borrower and processing unit throughout the loan process to ensure member satisfaction and expectations are met.
Originate quality applications that meet product guidelines.
Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act.
Ensures compliance with all applicable state and federal laws, company procedures and policies.
Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.