Mortgage Loan Originator

IBC•Oklahoma City, OK

8d•Onsite

About The Position

IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects its dedication to the growth and success of its employees, customers and communities. IBC bank hires talented, creative and dedicated individuals to help our business succeed. We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence. We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience. Time Type: Full time This is an in-office position. Department: 1070 Mortgage Sales Origination Job Summary: The Mortgage Loan Originator position is a sales oriented position where the loan originator proactively solicits new residential mortgage business, works bank referral leads, and sells IBC Mortgage products. The MLO continually develops and maintains a quality network of business relationships that serve as a recurring source of referrals for new mortgage opportunities and develops relationships with the IBC Bank Sales Team and IBC Commercial Bankers. The Mortgage Loan Originator also evaluates and authorizes or recommends approval of applications for residential real estate loans, and possesses an understanding of relevant loan products, regulatory disclosures, and interest rate pricing. Job Description: ESSENTIAL JOB FUNCTIONS The statements on this job description are intended to describe the general nature of level of work being performed by incumbents. They are not an exhaustive list of all responsibilities, duties, and skills required by all incumbents. IBC Bank was founded in 1966 to meet the needs of small businesses in Laredo, Texas. The bank's success is a result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects it's dedication to the growth and success of it's employees, customers and communities. Our commitment to "Do More" for the communities we serve permeates our company from top down. The success of IBC and it's 50 consecutive years of growth and profitability are due to strong leadership, customer centric business philosophy and our motto of "Doing More" in our communities. Wait there's more! We offer a comprehensive benefits package, based on eligibility, benefits include: Medical Plan Employer Paid Life Insurance Flexible Spending Program 401k Profit Sharing Program Supplemental Benefit Programs such as: Vision, Dental, Disability Tuition Assistance Program Sick Leave Vacation Paid Holidays

Requirements

Strong written and verbal communication skills
Ability to manage a pipeline
Teamwork
Strong customer service skills
Self-motivated
Highly organized
Ability to calculate qualifying income from federal tax returns
High School graduate or equivalent
Knowledge of Conventional and Government Mortgage products
Knowledge of procession, underwriting, closing and funding of mortgage loans
RMLO license highly preferred (NMLS registration required)

Nice To Haves

College degree preferred
2 years recent experience preferred in residential loan originations

Responsibilities

Develops and maintains a quality network of business relationships that serve as a recurring source of referrals for new mortgage opportunities
Develops relationships with the IBC Bank Sales team and IBC Commercial Bankers
Evaluates and recommends approval of applications for residential real estate loans
Possesses an understanding of relevant loan products, regulatory disclosures, and interest rate pricing
Takes information from the borrower and completes the application
Analyzes the prospective borrower's income and debt and pre-qualifies the prospective borrower
Educates the prospective borrower in the home buying and financing process, advises the borrower about the different types of loan products available, and demonstrates how closing costs and monthly payments could vary under each product.
Quotes interest rates and fees
Maintains regular contact with the borrower and Realtors between application and closing
Assists the borrower in understanding and clearing credit problems
Participates in the loan closing
Performs other related duties as assigned