Mortgage Loan Officer (Full Time) - Tulsa, Harvard

Prosperity Bank•Tulsa, OK

5d•Onsite

About The Position

The Mortgage Loan Officer (MLO) is responsible for sourcing new mortgage loan business both inside and outside the Bank. This role involves taking loan applications, reviewing them, and providing applicants with a list of necessary supporting documents. The MLO will set realistic expectations for the mortgage loan process, provide regular updates, and discuss relevant mortgage facts and issues with applicants, including ability to repay, bank credit policy, and documentation requirements for underwriting. Familiarity with Bank credit policy and guidelines of GSE’s, FHA, and VA is essential. The MLO must present themselves professionally, ethically, and ensure the safety of customer information and the Bank's best interests. They will meet with potential customers to understand their financial needs and recommend suitable mortgage products, overseeing the entire loan process from origination to closing. Adherence to lending standards, legal requirements, and all Bank policies is mandatory.

Requirements

High school graduate or equivalent.
NMLS certified.
3 to 5 years of prior mortgage banking experience.
Working knowledge of FNMA/FHLMC, FHA, VA.
Excellent communication and public relations skills.
Financial analytical skills.
Solid interviewing skills.
Able to use related computer applications and business machines.
Valid driver license in your State.
Maintain required automobile insurance.
Abide by the standards for cell phone use as described in the employee handbook.

Nice To Haves

Advance degree preferred.

Responsibilities

Source new mortgage loan business from leads generated inside and outside of the Bank.
Take loan applications and review them.
Provide applicants with a list of documents necessary to support the information in the application.
Set realistic expectations about the mortgage loan process for the applicant(s) and provide regular updates.
Discuss relevant mortgage related facts and issues with applicants concerning ability to repay, bank credit policy and documentation necessary to present to underwriting for credit decision.
Originate eligible mortgage loans.
Focus on marketing activities to generate mortgage loan referral activity from Prosperity Banking Centers, realtors, home builders, financial planners, networking groups, trade associations and personal sphere of influence.
Visit assigned Prosperity Bank locations regularly to build internal relationships, educate Bank employees on introducing Bank customers to the mortgage department, and identify opportunities to introduce non-bank mortgage customers to Prosperity Bank's financial services.
Establish and maintain effective communication, coordination, and working relations with Bank personnel in the mortgage fulfillment area and with management.
Meet with potential customers to understand their financial needs and present them with the best mortgage products to suit those needs.
Oversee the customer experience through the entire loan process, from origination and analysis to loan closing.
Stay informed of, and abide by, the lending standards and related legal requirements and always strictly adhere to all Bank policies, regulatory and legal requirements.