Retail Mortgage Loan Officer

BCU • Round Lake Beach, IL

108d • $40,000

About The Position

As an employer, BCU models the dynamic assets of a top workplace, including confidence in company leadership, competitive compensation and benefits, employee development, workplace flexibility, and a passionate employee culture supporting a unified vision. At the Credit Union, you'll have a career in a growing organization and an environment that supports your professional and personal growth. Our WHY is the reason we exist: To Empower People to Discover Financial Freedom. What do you celebrate as your purpose? At BCU we celebrate what makes you authentically YOU! #bYOU. This position offers a $40K draw against future commissions earned with uncapped commission earning potential on a tiered commission structure. An average performer is expected to make $119K annually.

Requirements

• Minimum of 5+ years retail mortgage lending experience.
• Must have own book of business realtors, COI’s, etc.
• Thorough working knowledge of investor underwriting guidelines.
• Excellent oral and written communication skills.
• Strong knowledge in origination, processing and closing mortgage loans.
• Proficient in basic use of the Windows operating system, e-mail, and the Internet.
• Strong communication, analytical, sales and telemarketing skills required.
• Skillful at prioritizing work and can perform in a fast-paced environment.
• Ability to perform multiple tasks simultaneously.

Responsibilities

• Generate mortgage loans from the defined community area by establishing and growing real estate agent relationships.
• Make weekly calls to well established agents in the community and perform lunch and learns to share BCU products and services.
• Daily use of Salesforce is expected to track all activity including current and future leads and opportunities.
• Establish strong working relationships with the operations team including processing, underwriting, and closing.
• Perform activities in support of new ILCRA expectations as defined by BCU Action plan to include outreach for Community Development, Housing Assistance and Down Payment Assistance programs in footprint.
• Maintain a high NPS score for all closed transactions.
• Thoroughly complete first mortgage loan applications in the MCP platform including collecting of income, assets, disclosures, ITP, any applicable LOX’s for credit etc.
• Ensure loan submissions are accurate, timely and profitable.
• Maintain a working knowledge of investor guidelines, Matrices and required LLPA’s.
• Consistently achieve monthly and annual sales and service goals, including NPS goals and eNPS.
• Apply current BCU lending fundamentals, policies, and procedures, including Regulations B and Z, Home Mortgage Disclosure Act and TRID.
• Provide fundamental credit counseling to members, where appropriate and necessary.
• Facilitate training and attend conference calls with the real estate brokerages.
• Comply with all applicable policies, procedures and regulations related to mortgage loan origination.
• Successfully complete all required registrations or certifications as needed i.e.: comply with safe act requirements including NMLS #.
• Promote the credit union mortgage products and services by hosting a minimum of 6 on-site seminars, webinars.
• All duties are subject but not limited to the above.

Benefits

• Flexible work arrangements
• Casual dress code

What This Job Offers

• Career Level: Mid Level