Mortgage Loan Officer

Bangor Savings Bank • Bangor, ME

323d

About The Position

Working under the directives and goals set forth by the Regional Mortgage Development Manager, each MLO is responsible for the production of mortgage originations within assigned geography. Assists in ensuring that the Bank complies with local, state and federal regulations. Meets assigned mortgage origination sales quotas. Develops, maintains and leverages referral source network for mortgage sales that includes, but is not limited to, realtors, builders, financial advisors, CPAs, lawyers and community leaders. Business sales calls generally require research, proposal preparation; follow up calls to confirm data, face to face meetings with clients to describe products, obtain financial data, and complete applications, problem resolution, construction contract review, file documentation to support underwriting conditions and ongoing communications with customers. Ensures timely delivery of pre-qualification, pre-application and residential mortgage applications. Maintains/increases working knowledge of products. Identifies prospects / customers for cross sales opportunities and refer to business partners accordingly. Maintains strong and effective working relationships with internal Loan Operations and Retail personnel. Attends closings outside of Bank for purchase mortgages and other types as needed. General: Interacts harmoniously and effectively with others, focusing upon the attainment of bank goals and objectives through a commitment to teamwork. Conforms to acceptable punctuality/attendance standards as expressed in the Employee Handbook. Performs additional duties as requested.

Requirements

• High school diploma or equivalent required.
• Three years or more of mortgage or credit related experience required.
• Excellent customer service skills required.
• Demonstrated personal computer literacy.
• Ability to handle complex problems.
• Strong communications skills, oral and written required.

Nice To Haves

• College, Business or Banking professional training helpful.

Responsibilities

• Responsible for the production of mortgage originations within assigned geography.
• Ensure compliance with local, state and federal regulations.
• Meet assigned mortgage origination sales quotas.
• Develop and maintain a referral source network for mortgage sales.
• Conduct business sales calls, including research and proposal preparation.
• Follow up calls to confirm data and face-to-face meetings with clients.
• Describe products, obtain financial data, and complete applications.
• Problem resolution and construction contract review.
• Document files to support underwriting conditions.
• Ensure timely delivery of pre-qualification, pre-application and residential mortgage applications.
• Maintain and increase working knowledge of products.
• Identify prospects/customers for cross sales opportunities.
• Maintain strong working relationships with internal Loan Operations and Retail personnel.
• Attend closings outside of Bank for purchase mortgages and other types as needed.

Benefits

• Internal and external training to assist employees in realizing their career aspirations.
• Internships, lateral training, management training, and tuition reimbursement.
• Holistic health and wellness programs.
• Pay, rewards, recognition, and incentive programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED