Retail Community Mortgage Specialist

Truist • McLean, VA

1d

About The Position

The Retail Community Mortgage Specialist serves as the Truist Mortgage liaison between the community, local government, and local mortgage program agencies. The primary goal is to produce low to moderate income mortgage loans through community partnerships and affordable housing initiatives. This role involves being the product specialist for Truist's Affordable Housing suite of products and Down Payment Assistance programs, executing a Community Reinvestment Act (CRA) plan, and establishing partnerships with relevant government agencies and active participation in affordable housing associations and groups. The specialist will also assist and work with community, faith-based, and non-profit organizations by providing leadership and training for homeownership classes, credit counseling, and promoting understanding of the mortgage lending process. The role champions the Truist referral process within the LMI/CRA Strategy, collaborates with partners on initiatives and sponsorships, and actively participates on committees and boards when appropriate. Maintaining thorough knowledge of Mortgage Strategies, Policies, Procedures, and secondary market investor guidelines, as well as adhering to all Truist policies and procedures and State and Federal laws, is essential. The specialist will also assist Mortgage Loan Fulfillment with client, attorney, or appraiser document follow-up as determined through quality control or post-closing review.

Requirements

• 2+ years in residential mortgage lending sales or equivalent mortgage experience with government or private non-profit housing agency
• Working knowledge of the Mortgage Lending Process
• Excellent verbal, written, and communication skills
• Possesses solid interpersonal skills
• Demonstrated proficiency in relevant computer applications
• Must be SAFE Mortgage Licensing Act compliant within 30 days of employment in this role, including new or transfer of registration, and applicable NMLS acceptable background check

Nice To Haves

• Bachelor's degree in Business, Marketing, or related studies
• Solid knowledge of market area
• Three or more years of experience in mortgage lending sales or equivalent
• Previous sales awards and leadership positions.

Responsibilities

• Directly responsible for growth and production of mortgage loans for Low-To-Moderate (LMI) income borrowers by serving as the product specialist for the Truist Affordable Housing suite of products and Down Payment Assistance programs.
• Execute on an action plan and appropriate Community Reinvestment Act (CRA) plan making Truist a market leader in Affordable Housing Lending through establishing partnerships with relevant government agencies and active participation in affordable housing associations and groups to increase productivity in the LMI/CRA lending space while promoting Truist's positive image in the community.
• Assist and work with community, faith-based and non-profit organizations providing leadership and training for homeownership classes, credit counseling and promote understanding of the mortgage lending process.
• Champion Truist referral process within the LMI/CRA Strategy within the Region through collaboration with relevant partners on initiatives and sponsorships that enhance efforts to serve LMI Mortgage clients; active participate on committees and boards when appropriate.
• Maintain a complete and thorough knowledge of the Mortgage Strategies, Policies and Procedures, as well as secondary market investor's guidelines utilized by Truist.
• Adhere to and comply fully with any and all Truist policies and procedures related to internal and external compliance rules and regulations, particularly those established by State and Federal law.
• Assist Mortgage Loan Fulfillment with client, attorney, or appraiser document follow-up as determined through quality control or post-closing review.

Benefits

• medical
• dental
• vision
• life insurance
• disability
• accidental death and dismemberment
• tax-preferred savings accounts
• 401k plan
• no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment
• 10 sick days (also prorated)
• paid holidays
• defined benefit pension plan (depending on the position and division)
• restricted stock units (depending on the position and division)
• deferred compensation plan (depending on the position and division)
• Additional incentive pay is available for this position.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed