Mortgage Loan Officer

American National Bank & Trust

7d•Onsite

About The Position

The Mortgage Loan Officer will solicit business and take loan applications to conform to American National Bank & Trust’s (“ANB&T”) loan programs. This position will supervise the processing of loans and will underwrite and approve loans to Bank & Investor standards.

Requirements

Possess thorough knowledge of secondary market underwriting standards for residential loans.
Ability to communicate effectively with realtors, builders and bank personnel.
Ability to work under pressure, detail-oriented, multi-task, problem-solving and work effectively with other personnel.
Ability to read, analyze and understand general business- and company-related articles and professional journals; ability to speak effectively before groups of customers and/or employees.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference and volume; ability to apply concepts such as fractions, ratios and proportions to practical situations.
Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists; ability to utilize common sense understanding in order to carry out written, oral or diagrammed instructions; ability to deal with problems involving several known variables in situation of a routine nature.
High school diploma or GED equivalent, plus knowledge of a specialized field (however acquired), such as basic accounting, computer, etc... Night school, trade extensions or correspondence school specialized training (equal to two (2) years of college).
Thorough knowledge of secondary market underwriting standards for residential loans.
Ability to communicate effectively with realtors, builders, and Bank personnel.
Ability to work under pressure, handle problems and work effectively with other personnel.
Minimum one (1) year experience in originating mortgage or other loans.

Nice To Haves

Thorough understanding of all loan programs the company offers and how to qualify your borrowers for them and then all investor loan requirements.
The ability to cold call and market yourself with realtors and builders.

Responsibilities

Interviews prospective borrowers for residential loans.
Maintains an awareness of the residential lending market.
Develop & maintain contacts with realtors and builders.
Meet the requirements that provided in writing of management’s expectations of monthly sales.
Verifies that all incoming documents are sufficient for qualifying the applicant.
Communicate daily with processors the statuses of files to reach closing dates.
Help gather, with processors, all loan package documentation and forms.
Keep files up to date in the origination system for managements reporting.
Helps handle loan processing problems and requirements as necessary to reach closing dates.
Looks for and completes required trainings to keep their selves up to speed with the always changing mortgage industry.
Communicates with processors/managers as to file acceptance or any additional information required or problems that need attention.
Perform all other duties as assigned.