Mortgage Loan Officer (Full Time) - Houston

Prosperity Bank•Houston, TX

10d

About The Position

POSITION PURPOSE Responsible for receiving, reviewing, and evaluating consumer mortgage loan requests following a Fair Lending process. Discusses mortgage related facts with applicants concerning the ability to repay; explains bank credit policies; and to obtain financial documentation to underwrite the loan request. ESSENTIAL FUNCTIONS AND BASIC DUTIES Assumes responsibility for the effective and professional completion of assigned loan functions. Interviews, takes applications, and processes preliminary documentation on loan requests. Discusses loan alternatives, credit criteria, interest rates, and loan documentation in such a manner as to elicit positive responses from customers. Analyzes and evaluates loan requests and prepares written submission for consideration by approving authority. Identifies problems or potential problems with credit information and coordinates with the necessary party to resolve the problems. Completes lending functions in accordance with established Bank policies and legal requirements. 2 . Assumes responsibility for establishing and maintaining effective and professional business relations with customers and trade professionals. Answers questions and resolves requests. Meets with applicants whose loans are denied and explains reasons and alternatives. Maintains and projects the Bank's professional reputation. 3. Assumes responsibility for establishing and maintaining effective communication, coordination, and working relations with Bank personnel and with management. Assists Mortgage Processor personnel and provides support as needed. Keeps management informed of area activities and of any significant problems. Completes required reports and records. 4. Assumes responsibility for related duties as required or assigned. Stays informed regarding changes in lending standards and related legal requirements. Completes special projects as assigned. Ensures that work area is clean, secure, and well maintained. The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this job description amended at any time.

Requirements

High school graduate, advance degree
Knowledge of Bank consumer mortgage lending policies, and procedures.
Understanding of financial analysis and determination of credit worthiness.
NMLS certified.
3 to 5 years of consumer and consumer mortgage lending experience.
Excellent communication and public relations skills.
Financial analytical skills.
Solid interviewing skills.
Able to use related computer applications and business machines.

Responsibilities

Receiving, reviewing, and evaluating consumer mortgage loan requests following a Fair Lending process.
Discussing mortgage related facts with applicants concerning the ability to repay
Explaining bank credit policies
Obtaining financial documentation to underwrite the loan request.
Interviewing, taking applications, and processing preliminary documentation on loan requests.
Discussing loan alternatives, credit criteria, interest rates, and loan documentation
Analyzing and evaluating loan requests and prepares written submission for consideration by approving authority.
Identifying problems or potential problems with credit information and coordinates with the necessary party to resolve the problems.
Completing lending functions in accordance with established Bank policies and legal requirements.
Answering questions and resolves requests.
Meeting with applicants whose loans are denied and explains reasons and alternatives.
Maintaining and projecting the Bank's professional reputation.
Assisting Mortgage Processor personnel and provides support as needed.
Keeping management informed of area activities and of any significant problems.
Completing required reports and records.
Staying informed regarding changes in lending standards and related legal requirements.
Completing special projects as assigned.
Ensuring that work area is clean, secure, and well maintained.