Mortgage Loan Officer

Wellby Financial•Hercules, TX

11d•Hybrid

About The Position

The Mortgage Loan Officer is responsible for assisting current and prospective members throughout the mortgage lending process, including application, underwriting, approval, and closing. This role evaluates members' financial needs, recommends appropriate mortgage loan products, and clearly explains loan options, terms, and requirements to support informed decision-making. Success in this position requires maintaining accurate and consistent communication with members, support staff, and management while delivering exceptional member service. The Mortgage Loan Officer must possess a thorough understanding of mortgage lending regulations, compliance requirements, and internal lending procedures. This professional serves as a trusted advisor, ensuring a seamless lending experience while maintaining adherence to all applicable legal and regulatory guidelines.

Requirements

High school diploma or equivalent required.
Minimum three (3) years of mortgage or lending experience, including mortgage origination, processing, underwriting, closing, servicing, consumer lending, home equity lending, or other lending experience required.
Working knowledge of conventional and government mortgage lending guidelines and underwriting requirements is required.
Ability to successfully register with and maintain registration through the Nationwide Multistate Licensing System and Registry (NMLS) in accordance with SAFE Act requirements.
Valid Texas driver’s license and the ability to travel locally as needed, or the ability to obtain a Texas driver's license within 30 days of hire are required.
Must meet Wellby's established monthly Mortgage Loan Officer production standards.
Bondable For All Candidates

Nice To Haves

Candidates with Mortgage Loan Officer experience are preferred, but candidates with a strong lending background and the ability to learn mortgage products, guidelines, and processes will also be considered.
Experience originating conventional, FHA, VA, USDA, and other government-backed mortgage loan products preferred.
Credit Union experience preferred.

Responsibilities

Meet with prospective member borrowers.
Request, review, and analyze member applicants’ credit and financial data.
Determine members’ financing objectives and goals.
Present the appropriate products and programs to the members and explain the guidelines.
Discuss interest rate pricing as required.
Identify appropriate opportunities to sell additional loan products.
Collect all necessary supporting loan documentation as required to proceed with the application through the loan process.
Work with compliance and underwriting to ensure any outstanding loan conditions are met.
Provide ongoing communication with the Member throughout the process, up to and including loan closing details and instructions.
Ensure an exceptional service experience for the Member throughout the mortgage application process.
Comply with applicable consumer laws, regulations, company guidelines, etc.
Complete all necessary training and licensing.
Maintain a thorough knowledge of offered lending programs, policies, procedures, and regulatory requirements.
Maintain the confidentiality of all information processed.
Achieve mutually agreed upon personal production goals determined by mortgage management.
Perform all job functions in accordance with the credit union’s mortgage lending policies and procedures.
Prepare, complete, and submit required reporting requirements as determined by mortgage management.
Work effectively in the organization’s loan origination system
Work to ensure accountability and compliance with all applicable laws and regulations concerning mortgage lending.
Manage multiple loan submissions and meet required deadlines for each loan.
Perform mathematical calculations accurately and efficiently, including decimal computations, rate calculations, percentages, and other lending-related calculations.
Drives to vendor locations and Wellby branch locations
Performs other duties as assigned.