Mortgage Loan Consultant

FIRST STATE BANK•Rochester Hills, MI

About The Position

This is a commission-based position to solicit, service, and arrange for a wide variety of mortgage, real estate, and construction loans. The principal responsibility of the commissioned lender is to meet with the customer to determine the best product and terms that will ensure success in the mortgage approval process. Decisions regarding documentation required for approval, fees and terms must be clearly communicated and the customer must leave the application process with proper disclosures and a thorough understanding of the steps that will ensue toward that end. S/he will communicate an outgoing and friendly professional demeanor not only to customers but to staff as well.

Requirements

Two years job related experience
Valid National Mortgage Licensing number
Customer service experience
Must have a valid Michigan Driver’s License with a good driving record
Strong oral and written communication skills
Ability to handle various tasks simultaneously
Negotiating, networking and supervisory skills
Ability to work independently
High School Diploma or GED
Mortgage Loan Consultants coming to First State Bank from a previous position with an independent broker office must be fully registered and approved with the office of financial and insurance regulation with the State of Michigan.
New lenders must be able to obtain a registration through fingerprinting and criminal background check in accordance with the office of financial and insurance regulation with the State of Michigan.

Responsibilities

Originates services and arranges for a wide variety of mortgage, real-estate and construction loans
Develops new business through contacts with realtors, builders, and branch referrals.
Customarily and regularly engages in obtaining business outside of the office
Participates in related business development community activities in the assigned market
System development, which includes the day-to-day knowledge and application of mortgage software including all applicable regulatory documents
Maintain knowledge of the various loan products and of processing the loan
Maintain knowledge of policies and regulations in the mortgage lending field
Comply with SAFE Act requirements
Create and maintain a courteous and professional relationship with co-workers while maintaining timely and prompt daily attendance
Other duties as assigned