Mortgage Loan Officer-California

California Bank & Trust • Rancho Cucamonga, CA

3d

About The Position

California Bank & Trust is seeking a seasoned mortgage lender to solicit and bring residential mortgage business to the bank through existing contacts, relationships, and referrals from real estate agents, builders, developers, and branches. The role originates residential home loans and supports customers throughout the mortgage process, from understanding their needs and reviewing financial information through disclosures, underwriting submission, and closing. The Mortgage Loan Officer must comply with regulatory guidelines, stay informed about local real estate trends and mortgage regulations, and develop internal relationships that support cross-selling other bank products. Compensation is hourly at the applicable state minimum wage plus commission, calculated on financed loans that meet customer qualifications and lender requirements.

Requirements

• College degree and at least 4 years of mortgage lending origination experience, including residential construction experience or other directly related experience; a combination of education and experience may meet requirements.
• Advanced knowledge of mortgage lending, processing, credit analysis, mortgage laws, and regulations.
• Ability to successfully solicit loans.
• Good problem-solving skills.
• Ability to work independently.
• Strong interpersonal skills.
• Demonstrated ability to handle multiple priorities.
• Strong verbal and written communication skills.
• Ability to work effectively in a high-pressure environment.
• Ability to work with various types of computer software, including mortgage-specific software.

Responsibilities

• Solicit and bring in mortgage business through existing contacts, relationships, and referrals from real estate agents, builders, developers, and branches.
• Ensure compliance with regulatory guidelines while performing loan originator duties.
• Interview potential applicants to understand their needs, preferences, and relevant information.
• Obtain and review pertinent financial and credit data.
• Explain loan types and interest rate options to customers, lock rates when requested, prepare and send initial disclosures, and submit information to automated underwriting software.
• Ensure required re-disclosures are made on time.
• As needed, order appraisals through the bank’s systems, arrange title searches, and obtain necessary documents.
• Communicate with customers throughout the process and work with processors through closing.
• Originate residential home loans.
• Keep informed of local real estate market trends and changes to mortgage rules and regulations.
• Develop and maintain internal relationships to drive cross-sell opportunities for other bank products.
• Perform other duties as assigned.

Benefits

• Medical, dental, and vision insurance starting day one.
• Life and disability insurance.
• Paid parental leave and adoption assistance.
• Health Savings Account, Flexible Spending Account, and dependent care accounts.
• Paid training.
• Paid time off.
• 11 paid federal holidays and applicable state holidays.
• 401(k) plan with company match.
• Profit sharing.
• Competitive compensation in line with work experience.
• Mental health benefits, including coaching and therapy sessions.
• Tuition reimbursement for qualifying employees enrolled in an accredited degree program related to business needs, up to $5,250 per calendar year; employees are eligible upon hire.
• Employee Ambassador preferred banking products.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level