Mortgage Loan Officer - Spanish Speaking Required - Low Desert Area

Altura Credit Union•Indio, CA

29d

About The Position

A Mortgage Loan Officer is responsible for originating 1st Mortgage Loans, Home Equity Loans, and Home Equity Lines of Credit (HELOC) in accordance with Agency and investor guidelines. The successful candidate provides information on credit union products and services to potential borrowers according to all credit union policies and procedures as well as Federal and State rules and regulations. Interviews all applicants for real estate loans. Prepares, analyzes, processes and documents all required forms and related documents for real-estate loans. Approves or denies loan applications based on analysis of each applicant’s background. Responsible for promoting credit union products and services to ensure meeting productivity goals. Accountable for all the conditions set forth in the Compensation Agreement.

Requirements

High school diploma or its equivalent is required.
Three (3) years’ experience working in a sales environment or in a similar position in the mortgage lending industry is required.

Nice To Haves

Two years’ experience with conforming, nonconforming, and alternative loan products and pricing is strongly preferred.
Undergraduate degree with major coursework in accounting, finance, marketing, or a related field is preferred.

Responsibilities

Assists the member in determining and recommending the proper loan program that meets their needs.
Completing accurate and thorough loan applications.
Establishing membership when applicable and gathering the necessary paperwork, including income, assets, and any relative documentation to begin the loanprocess.
Follow up on leads and generating referrals from past members for new business.
Cultivating relationships with community groups, real estate agents, financial planners, accountants, and others to bring in newbusiness.
Manage pipeline by communicating with the real estate operations team. In addition to, gathering additional documentation when necessary and providing timely updates to members.