Team Loan Officer

Mortgage Investors Group•Cookeville, TN

58d

About The Position

POSITION SUMMARY Responsible for managing communications and providing administrative support to Loan Officers (and Branch Manager as necessary) in a fast-paced environment. The Team Loan Officer is expected to generate referral business to hand off to the Loan Officer to originate. The Team Loan Officer will be expected to be licensed in all states that the loan officer they support is licensed in and may assist with origination activities but will not be originating loans in their name. ESSENTIAL JOB FUNCTIONS Supports Loan Officers (and Branch Manager as necessary) in the following capacity: · Develop all LO correspondence, including but not limited to: o Manage birthday card database o Contact FSBO’s with mailings to contact o Develop all Flyers (i.e. listing and marketing) o Order postcards for all appraisals o Mail intro letters to all pre-quals o Mail thank you letters to all realtors for referrals o Manage monthly or quarterly newsletter for Los (including set up, mailings, and issuing deadlines for material) o Distribute Loan Status reports weekly to realtors o Email weekly rate sheet to realtor database o Call online applicants to obtain all info not provided o Call to report weekly loan status to customers o Responsible for providing critical updates to Buyers Agents/Listing Agents and Builders o Follow up with previous pre-quals to maintain contact with customers who have not closed o Thank you letters for business for newly closed clients · Work directly with team LOA to implement specific structures/detailed procedures to improve efficiency and productivity · Identify marketing need/training events and coordinate with Marketing and MSA · Update and maintain closed loan database monthly · Attend weekly team meetings and bi-weekly LO meetings · Attend joint sales calls to Realtors, Builders, MSAs · Spend time in your MSAs acting as an additional resource to the Agents · Lock in loans while LO’s are in field · Order appraisal and title and stack files in submission order on all new files before handing to processor (LO to review before hand off to processor) · Manage mortgage returns and top of minds · Track UTCs, closings, and lock expirations to meet deadlines · Running Credit Reports · Taking loan applications/Prequals · Inputting loan data from start to finish into Loan Origination System · Running loans through various systems · Loan file submission to underwriting · Other duties as assigned

Requirements

High School diploma or equivalent required
College degree preferred
Must be willing to take classes and testing to qualify for Federal / State Loan Officer License within first 6 months of employment
Proficiency in Microsoft Office (particularly Excel & Word) and all Windows applications and the ability to learn and work with various Mortgage computerized applications
Excellent interpersonal, oral and written communication skills (including spelling/grammar skills), strong organizational skills, follow-up skills, problem-solving and analytical skills
Must be detail, task and goal oriented
Ability to relate and communicate in a professional, personable manner with all levels of management, internal and external contacts
Ability to prioritize and perform constantly changing multiple tasks in a very fast paced team environment
Excellent work ethic with the ability to work independently with little or no supervision, self- discipline, self-motivation and self-reliance a plus
Excellent attendance history
Ability to work independently with little or no supervision
Employees are expected to carry out all reasonable requests by managers/supervisors, which the employee can perform
Maintain equipment and supplies to avoid waste, damage to areas and equipment, and to prevent accidents
Maintain confidentiality of employee and company information
Employees must record all hours worked accurately and honestly in the timekeeping system
Minimum of 1-2 years administrative support experience
1 year Mortgage Industry experience preferred
Must have NMLS license in all states where the Loan Officer supported is licensed

Responsibilities

Develop all LO correspondence
Work directly with team LOA to implement specific structures/detailed procedures to improve efficiency and productivity
Identify marketing need/training events and coordinate with Marketing and MSA
Update and maintain closed loan database monthly
Attend weekly team meetings and bi-weekly LO meetings
Attend joint sales calls to Realtors, Builders, MSAs
Spend time in your MSAs acting as an additional resource to the Agents
Lock in loans while LO’s are in field
Order appraisal and title and stack files in submission order on all new files before handing to processor (LO to review before hand off to processor)
Manage mortgage returns and top of minds
Track UTCs, closings, and lock expirations to meet deadlines
Running Credit Reports
Taking loan applications/Prequals
Inputting loan data from start to finish into Loan Origination System
Running loans through various systems
Loan file submission to underwriting
Other duties as assigned