Mortgage Loan Advisor 3

Cyprus Credit Union • Saint George, UT

349d

About The Position

Cyprus Credit Union is hiring a full-time Mortgage Advisor. This position is ideal for individuals who are passionate about sales and possess a strong work ethic that aligns with the values of credit unions. The role offers an opportunity to start a career with a respected financial institution that emphasizes comradery, professional growth, and advancement. Cyprus Credit Union values diversity, community volunteering, and sustainability, making it a great place to work. As a Mortgage Advisor, you will receive a competitive base pay based on your experience and qualifications, along with opportunities for bonuses and incentives. The credit union has been recognized as one of the BEST credit unions to work for since 2020, thanks to its supportive atmosphere and commitment to employee success and development. Continuous training and career pathing programs are available to help employees advance in their careers.

Requirements

• Bachelor's Degree from a 4-year accredited university or college or equivalent education and mortgage experience.
• Must have and maintain an NMLS ID number (S.A.F.E. Act registration).
• Understanding of credit worthiness determination.
• Knowledge of Credit Union loan policies, products, procedures, processing, and underwriting guidelines.
• Familiarity with title reports, insurance, and appraisals.
• Two to four years of loan origination experience in a credit union or finance environment preferred.

Nice To Haves

• Additional coursework in business or related field preferred.
• Ability to generate leads for the community.
• Documented amount of retail residential mortgage funding in the past 12 months with established relationships from local referral sources.

Responsibilities

• Interview and take complete applications for loan requests.
• Process preliminary documentation on loan requests and discuss loan alternatives with members.
• Perform follow-up work to achieve conditional approval within established time frames.
• Notify members if their loan is referred back due to issues with ratios or credit ratings.
• Advise members of loan approval or denial and explain reasons for denials clearly.
• Complete lending operations in accordance with Credit Union policies and legal requirements.
• Establish and maintain effective business relations with members, Realtors, and building professionals.
• Answer questions and resolve problems for members.
• Counsel members on money management and financial matters, especially those whose loan requests were denied.
• Maintain the Credit Union's professional reputation.
• Coordinate functions with related departments and provide support as needed.
• Assist Processing personnel and serve as a backup when necessary.
• Keep management informed of area activities and significant problems.
• Attend and participate in sales meetings and committees as required.
• Complete required records and reports.
• Assist in training, coaching, and mentoring existing and new mortgage sales staff.
• Cross-sell other Credit Union services as needed.
• Stay informed about changes in lending standards and trends in the local real estate market.

Benefits

• Health, dental, life, and vision insurance plans
• 401k and retirement savings plan
• 12 paid holidays
• Paid day off for your birthday
• PTO that starts accumulating on day one
• Earn additional PTO when volunteering in the community
• Competitive tuition reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 251-500 employees