Mortgage Loan Officer
About The Position
Interview members from assigned branches applying for residential mortgages to make certain all pertinent information/data is collected. Perform preliminary analysis of mortgage applications to make certain that member(s) qualify for the loan based upon the information provided at the time of application. Prepare and send initial disclosures to member(s) so that government regulations are met and informed. Be knowledgeable of underwriting criteria and pricing. This would also include being knowledgeable of FNMA and FHLMC underwriting guidelines. Network with internal business partners, branches, and external business partners to grow existing database further.
Requirements
- Three years of increasingly responsible experience in mortgage lending.
- Familiarity with loan origination functions.
- Familiarity with all credit union services.
- Ability to cross-sell to members.
- Ability to retain and expand internal & external business partners.
- Excellent oral, written and listening skills.
- Ability to handle pressure.
- Ability to effectively communicate with all levels of personnel.
- Ability to work on several projects simultaneously and satisfy the required objectives.
- Ability to provide exceptional service to the membership.
- Ability to work positively with other team members.
- Maintain compliance with the federal Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act).
- Maintain professional state-licensing requirements.
Nice To Haves
- A college degree in a business-related field or its equivalent to five years of financial institution experience, specifically in mortgage lending, is preferred.
- Experience with ICE Mortgage Technology and Encompass software preferred.
- Attendance of required credit union industry seminars, workshops, and conventions.
Responsibilities
- Interview members from assigned branches applying for residential mortgages to make certain all pertinent information/data is collected.
- Perform preliminary analysis of mortgage applications to make certain that member(s) qualify for the loan based upon the information provided at the time of application.
- Prepare and send initial disclosures to member(s) so that government regulations are met and informed.
- Be knowledgeable of underwriting criteria and pricing, including FNMA and FHLMC underwriting guidelines.
- Network with internal business partners, branches, and external business partners to grow existing database further.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
