Mortgage Loan Officer II

First Bank & Trust•New Prague, MN

32d•$31 - $41

About The Position

This person originates and manages the larger and, in some cases, more complex mortgage loans that meet established lending requirements and criteria, which provide maximum profitability to the bank with a minimum of risk. Qualifications: This person should have a bachelor’s degree plus a minimum of four years of progressively advanced experience in bank lending or the equivalent. Emphasis is placed on suitable communication skills as well as aptitude for detail.

Requirements

bachelor’s degree plus a minimum of four years of progressively advanced experience in bank lending or the equivalent
suitable communication skills
aptitude for detail

Responsibilities

Seek, identify, and solicit potential mortgage loan customers, to enhance a sales culture within the Mortgage Lending Department, while maximizing profitability and minimizing risk to the bank.
Interview mortgage loan applicants in order to assemble the information needed to make a credit decision as required by Loan Policies and Guidelines, industry standards, and consumer compliance regulations.
Determine creditworthiness of applicants by analyzing credit information and appraisals, referring to lending authority as required by Loan Policies and Guidelines and industry standards.
Ensure the complete collection of all mortgage loans extended by monitoring past-due reports, assisting the Mortgage Loan Servicing Department on collection efforts, using all legal means as required by Loan Policies and Guidelines.
Remain current on industry products and developments, ensuring the bank’s ongoing competitive advantage.
Provide ongoing customer service to ensure customer retention and continued cross-selling of other bank products and services.
Assist correspondent banks, affiliates, and other FBT banks with originating and closing mortgage loans.
Attend all loan meetings as deemed appropriate or directed by the Mortgage Lending Department Manager to participate in decisions that affect ongoing and future operations of the loan function.
Provide guidance and assistance to the other Mortgage Department Staff.
Act in accordance with FBT policies and procedures as set forth in the employee handbook.
Adhere to compliance procedures and participate in required compliance training.

Benefits

Medical, Dental, and Vision insurance
Health Savings Accounts
401(k)/ESOP
Paid Time Off
Flexible Work Arrangements
Paid Parental Leave
Student Loan Repayment Assistance
Comprehensive Healthcare Benefits
Peace of mind when it comes to you and your family's well-being with generous health, dental, vision, and life insurance. Plus, optional access to additional life, disability, and other forms of insurance.
401(k) & ESOP Profit Sharing Employees are owners. Receive a match of up to 7% of your contributions to your retirement account.
Wellness Program The Healthy Way Program incentivizes gym membership and hosts educational programs and challenges throughout the year.
Education Student loan repayment assistance program. Tuition reimbursement. A robust internal training program that goes beyond onboarding. We want you to continue learning. That's why we offer job shadowing, a mentorship program, and more.
Volunteer Service Hours Paid time to volunteer. Employees get 16 hours to take part in and donate their time to local charities.
In-house Childcare & Preschool Kid's World childcare and preschool in Brookings is available for the children and grandchildren of employees.