Mortgage Loan Officer
About The Position
F&M Bank and Trust Co. is looking for a Mortgage Loan Officer for our O'Fallon Office located at 2315 Technology Drive Suite 117 in O'Fallon, MO. This role involves greeting customers, identifying and contacting potential clients, explaining and processing various loan applications (residential real estate, commercial real estate, and consumer loans), assessing creditworthiness, approving or declining loans, and managing the closing process. The position also requires maintaining positive relationships with real estate agents, ensuring adherence to bank policies, cross-selling bank products, and potentially assisting with collections and notary services. Additionally, the role involves contributing to departmental goals, keeping colleagues informed, participating in meetings, and serving as a community involvement role model.
Requirements
- High school or GED completion required
- Computer experience required
Nice To Haves
- Some college coursework preferred in a business-related field
- Bachelor's degree preferred
- 5 years banking experience preferred
- Sales, Teller, Loan Clerk, CSR, or previous Loan Officer experience preferred
Responsibilities
- Greet walk-in customers to the Credit Department.
- Identify, telephone, send correspondence, and visit potential or existing bank customers that may benefit from loan services.
- Provide, explain, assist with, and accept loan applications for residential real estate, commercial real estate and consumer loans.
- Put the application packet together and give to the loan processor.
- For small commercial loans, request and review business records to assess credit worthiness.
- Suggest resources or improved methods to help business customers succeed.
- Approve and initiate loans.
- Decline loans that do not fit the evaluation criteria.
- Follow up with customers to explain approval or decline decision.
- Close loans that are approved.
- Maintain positive relationships with real estate agents and others involved in the loan process.
- Insure that the bank's loan procedures and policies are followed for all loan customers.
- Participate in the officer calling program.
- Explain and sell life and credit life disability insurance related to loans.
- Initiate and document insurance coverage.
- Maintain knowledge of bank products and cross-sell to existing and potential customers.
- Provide notary public service to current customers and potential customers.
- Assist the supervisor in planning annual and long term goals for the Credit Department.
- Keep co-workers informed of schedule and visits to current or potential customers and calls.
- Participate in the Credit Dept. meetings.
- Attend and participate in meetings with other bank employees.
- Serve as a role model of bank involvement in community civic groups, charities, public relations events, and service projects.
- Assist in collection of delinquent loans, including contacting the customer and skip tracing.
- Assist or serve as back-up to the other Loan Officers.
- Comply with the requirements of BSA as it applies to their specific job duties.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
