Mortgage Loan Originator

Industrial Bank•Largo, MD

53d

About The Position

Industrial Bank is a African American owned and administered Bank and has successfully grown over the last 91 years. The Bank has it's primary service area that spans 2 locations in Washington, DC, the 2 locations in the State of Maryland, Newark, NJ and Harlem, NY. The Bank supports a work culture of Professional Kindness and has a robust benefit package of medical, dental, vision, 401K, employee assistance program, wellness programs, short and long term disability, life insurance, sick/safe pay, vacation, personal days, 11 paid holidays and a host of supplemental benefits. Industrial Bank is seeking qualified candidates with Mortgage Loan Origination experience. This is a salary plus commission position. This position requires an active NMLS Certification License. The qualified candidates must demonstrate prior experience in the following job functions:

Requirements

Must demonstrate experience and knowledge in residential lending functions
Must demonstrate experience and knowledge in residential lending functions
This position requires an active NMLS Certification License.
A high school diploma and some college preferred in business administration
5 years experience is processing residential or consumer loans
Familiarity with loan processing procedures.
Knowledge of financial analysis and credit risk ratings
Strong time management skills
Good communication skills and have good judgement,
Be dependable with excellent customer service skills

Nice To Haves

Loan Origination Systems (LOS)
Microsoft Suite
Knowledge of computer software programs used to evaluate loan information

Responsibilities

Originate and develop new loan business
Proactively develop and foster partnership with builders, developers, real estate brokers and additional potential resources.
Guide and educate client through the application process by communicating and answering questions.
Participate in business related development activities to contribute to community efforts to promote homeownership
Ability to explain the different loan programs and credit terms available.
Maintain thorough knowledge of lending programs, policies, procedures, and regulatory requirements.
Keep up to date with compliance and secondary market programs.
Analyze personal and financial information for potential clients.
Provide guidance to prospective applicants who have problems qualifying for traditional loan products.
New business leads and loans necessary to meet assigned goals.
Develop and maintain relationships with retail, commercial, and consumer divisions
Tracking processing of loan applications to meet customer needs and earn income for the bank.
Timely and accurate information for use in the analysis of loan applications.
Secure supporting loan documentation
Provide ongoing status reports to applicant, realtor, and builder on loan process
Maintain customer satisfaction at all levels