Mortgage Loan Officer
About The Position
The Mortgage Loan Officer is responsible for providing secondary-market mortgage loans to consumers. The role develops new residential mortgage prospects through customer and professional referrals, interviews prospective borrowers, analyzes financial and credit information, and advises customers on loan products and pricing. It also builds and maintains a referral network and provides exceptional customer service while following lending policies, regulatory requirements, and professional ethics. The position involves regular contact with bank customers and personnel, as well as real estate brokers, builders, title companies, private mortgage insurance companies, attorneys, and other related entities. The office location is Fort Worth, Texas.
Requirements
- High school diploma or equivalent.
- Two years of mortgage loan experience and one year of real estate or sales experience; a bachelor's degree specializing in real estate or finance may substitute for experience.
- Working knowledge of mortgage lending and related laws, regulations, and procedures.
- Familiarity with FNMA, FHLMC, FHA, and VA regulations and guidelines, as well as other loan programs offered.
- Proficiency in Microsoft Word, Excel, and related computer applications.
- Ability to work with limited supervision.
- Professional demeanor and effective oral communication and interpersonal skills.
Responsibilities
- Proactively solicit prospects for residential secondary-market mortgage loans through customer and professional contacts and referrals.
- Interview prospective borrowers and analyze financial and credit data to determine financing objectives.
- Advise customers about product and pricing policies and guidelines, and gather additional required information.
- Develop and maintain a quality network of personal and business relationships as a recurring source of mortgage referrals.
- Maintain knowledge of lending programs, policies, procedures, and regulatory requirements to provide exceptional customer service.
- Demonstrate a commitment to professional ethics.
- Participate in job-specific training and other required bank training programs.
- Comply with federal and state laws and regulations, including BSA and AML requirements, and follow bank policies and procedures.
- Participate in the sales and service culture, support organizational values, and follow established bank policies and procedures.
- Perform other duties as assigned.
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What This Job Offers
Job Type
Full-time
Education Level
High school or GED
