Mortgage Loan Officer

Self-Help•Fresno, CA

8d•Onsite

About The Position

Self-Help started in 1980 with a focus on economic inequality, especially in communities that have faced systemic barriers in building wealth. At the core of what Self-Help does is a drive to create and protect ownership and economic opportunity. In other words, we’re committed to economic justice! Economic Justice means that all communities have the basic infrastructure they need to thrive, from high quality schools to grocery stores selling fresh foods resources that support opportunity at a neighborhood level regardless of demographics, income or wealth. Since our founding, we’ve constantly sought to find new ways to pursue greater economic justice: from providing fair and affordable loans, to working with partners to demand that lawmakers change unjust policies. We are seeking a Mortgage Loan Officer to join our Fresno, CA Team!

Requirements

High School Diploma.
2 years’ of experience in mortgage, banking or other relevant experience.
Ability to represent Self-Help in networking functions and to develop and maintain key realtor and other relations that generate attractive loan/borrower referrals.
Strong analytical and quantitative skills and ability to independently handle loan applications and assess borrower ability to successful repay loans.
Ability to consistently follow guidelines for file quality.
Ability to consistently meet productivity goals.
Ability to secure and maintain NMLS certification.
Ability to work collaboratively on team
Sensitivity to issues of low-wealth borrowers and a desire to work in a racially and socially diverse organization
Strong organization, computer and customer service skills
Strong communications skills including strong writing skills and presentation skills.
Ability to travel and work evenings and weekends as needed
Proficiency with Word, Excel and PowerPoint
Strong commitment to our mission – creating economic opportunity for traditionally underserved communities.
Preference for working in organizations that place priority on teamwork and collaboration.
Ability to demonstrate Self-Help's Core Values.

Nice To Haves

Bachelor's degree preferred.
Experience in consumer lending preferred.
Bilingual Spanish/English a plus.

Responsibilities

Meet with loan applicants to discuss viable mortgage options, counsel on credit and budget, develop roadmap and process for mortgage approval and assist with the loan application process.
Achieve productivity goal as set forth by manager.
Prequalify loan applicants by examining all borrower information and documentation, assessing creditworthiness, adequacy of income, credit and collateral and calculating repayment risk.
Determines the maximum purchase price/loan amount based on borrower data.
Approve or deny real-estate loan applications that do not meet pre-qualification standards and explain reasons for denial.
Gather and review necessary data to complete the loan review process including credit bureau reports; verifying debts and estimating monthly payments for any outstanding debts not listed on application and ensuring they are added to application.
Partner with Sr. MLO to review application denials to find resolution.
Identifying when an escalation to DMO is appropriate.
Comply with all federal and state mortgage regulations and disclosure requirements.
Partner with underwriting and processing team to prepare mortgage loan application and documentation for underwriting and closing in a timely manner.
Ensure that each real-estate loan is processed accurately, troubleshoot any issues that may arise during the processing period, and maintain communication with borrower throughout processing period.
Develop mortgage loan business through continual identification, development and maintenance of a quality network of business relationships that serves as a recurring source of referrals for new mortgage lending opportunities. This network may consist of Real Estate professionals, builders, and professional contacts, as well as other valuable referral sources enhanced by regular participation in business related development opportunities, community efforts to promote homeownership and professional organizations.
Coordinate with BMs, Sr. MLOs and local non-profit housing agencies to conduct Homebuyer Workshops and presentations.
May oversee responsibilities of Mortgage Loan Assistant, if appropriate.
Perform other duties as may be deemed necessary.