Mortgage Loan Officer

FNB Bank • Murray, KY

5d

About The Position

Responsible for originating conventional residential mortgage loans and other government loan programs, including FHA/VA and Rural Housing, in Western Kentucky. The role includes related business development activities, developing and maintaining a loan portfolio, and ensuring that credits are high quality, fully documented, and compliant with applicable laws, regulations, and the Bank’s lending policies. The ideal candidate is a self-motivated producer with a record of generating new business through referrals, prospecting, networking, and relationship-based sales, whether in mortgage lending or another successful outside sales environment.

The Mortgage Loan Officer solicits residential mortgage business, interviews applicants, gathers and analyzes financial and credit information, negotiates loan terms, and closes approved loans. The role also involves monitoring loan exceptions and delinquencies, keeping informed about local real estate market developments and mortgage regulations, developing and retaining customer relationships, supporting community and professional organizations, and cross-selling other bank services. Other duties may be assigned or directed.

Requirements

• Bachelor’s degree or equivalent work experience.
• Active NMLS registration, or ability to obtain and maintain NMLS registration as required.
• At least two years of successful mortgage origination experience, or demonstrated success in outside sales, business development, financial services, real estate, or other relationship-based sales roles.
• Demonstrated success in business development and achieving production goals through networking, referrals, prospecting, and community involvement.
• Strong relationship-building, communication, sales, and negotiation skills.
• Ability and willingness to develop and maintain a personal pipeline of mortgage business.
• Knowledge of residential mortgage products and regulations, or demonstrated ability to acquire that knowledge quickly.
• Strong mathematical and analytical abilities.
• Proficiency with personal computers and software applications required for mortgage lending.
• Demonstrated ability to work independently and follow through on commitments to completion.

Nice To Haves

• Active NMLS registration is preferred.

Responsibilities

• Solicit residential mortgages through contacts with realtors, builders, developers, and client referrals.
• Interview applicants to obtain information about their needs, desires, and eligibility, and help determine whether a loan is an acceptable risk.
• Obtain and analyze pertinent financial and credit data.
• Negotiate loan terms and conditions with mortgagors.
• Comply with BSA requirements and complete appropriate documentation.
• Close approved loans, ensuring required documents are complete and comply with applicable rules and regulations.
• Monitor loan exceptions and delinquencies and take appropriate action to cure deficiencies.
• Keep informed of local real estate market trends and developments, as well as changes in private and government-insured mortgage rules and regulations.
• Contact potential or existing customers as assigned to develop new business or retain existing business.
• Participate in and support community and professional organizations that contribute to personal growth and promote the Bank’s image.
• Cross-sell other bank services.
• Carry out other duties as assigned or directed.

What This Job Offers

• Job Type: Full-time