Vice President/Mortgage Loan Officer

University of Iowa • Park Ridge, IL

137d • $52,000

About The Position

Creates, collects, analyzes, exercises judgment and advises members on mortgage loan options. Proactively seeks new business and builds pipeline. Maintains organization of portfolio and meets necessary and regulatory deadlines. As this position is 100% commission, significant time calling on prospective members and referral sources is essential. At GreenState, we exist to create lasting value for those we serve. We do this by putting immense value into our employees, members and communities. We empower our employees to create endless opportunities, which will then impact the lives of our members and enhance the vitality of our communities. Pay for this position is $52,000 with a progressive benefit package.

Requirements

• High school diploma or equivalent (i.e., GED.) with five years of previous mortgage experience.
• Knowledge of procedures, forms, secondary market guidelines and regulations as they relate to mortgage lending.
• Knowledge and procedures of Real Estate purchasing and refinancing.
• Ability, availability, and willingness to work flexible hours to accomplish workload.
• Ability and willingness to network in the community.
• Ability to prioritize assignments and organize work efficiently.
• Interpersonal skills to represent the credit union in a positive way during member contact.
• Excellent figure aptitude.
• Accuracy and attention to detail required.
• Ability to operate related computer applications.
• Ability and desire to call on the Realtors and make sales marketing presentations.
• Must be bondable.
• Notary Public Commission, or ability to obtain a Notary Public Commission within the first 6 months (excluding Illinois).
• Must be registered pursuant to requirements of the S.A.F.E. Act.

Responsibilities

• Adheres to the Credit Union's core values and Service Standards in carrying out GreenState's mission and vision.
• Demonstrates a positive member service focus at all times, greeting members and guests with a smile and eye contact immediately upon their arrival.
• Ensures confidentiality of member information.
• Supports a diverse and inclusive work environment.
• Participates in community service organizations and/or Credit Union sponsored events on an annual basis.
• Explains the mortgage loan application process and products to the membership.
• Services by phone or in person the need for answers to inquiries pertaining to mortgage rates, mortgage programs, payments, daily rates, points, etc.
• Conducts mortgage loan application interviews assisting applicants in the completion of application.
• Gathers all required applicant information, including collecting, analyzing and advising members on best options to assure proper processing.
• Reviews applications, exercises judgment and renders loan decision for pre-approval/denial.
• Works with Underwriters in meeting their guidelines and obtaining loan approval.
• Ensures that all necessary documentation is in the loan files, including regulatory compliance items.
• Makes regular outside sales calls to both prospective members and referral sources.
• Builds relationships with realtors, builders and others that interact with the financial industry.
• Works with mortgage processing department when necessary to ensure final documentation is received by the investors in a timely manner.
• Assists to ensure that the various federal reporting documents are delivered in a timely manner.
• Assists in any necessary training and development needed within the GreenState Mortgage Loan department.
• Adheres to all state, federal and credit union regulations, policies and guidelines.
• Coaches, trains, and mentors Mortgage Loan Sales Associates.

Benefits

• Progressive benefit package

What This Job Offers

• Career Level: Entry Level
• Industry: Educational Services
• Education Level: High school or GED