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Mortgage Loan Officer

Michigan First•Rochester Hills, MI
•Onsite

About The Position

Michigan First Credit Union is seeking a Mortgage Loan Officer to join its Michigan First Mortgage Office in Rochester Hills, Michigan. The role reports to the Loan Center Manager. The Mortgage Loan Officer advises and educates clients about home purchases, refinancing, and mortgage management; develops business relationships to attract mortgage customers; supports the mortgage application and documentation process; and schedules and completes loan closings. The position suits an outgoing, sales-oriented professional with strong client-service skills who can help clients meet their financial goals.

Requirements

  • High school diploma.
  • Excellent interpersonal and persuasion skills.
  • Ability to perform work accurately and in a timely manner.
  • Passion, strong communication skills, self-motivation, and a positive, competitive attitude.
  • Attention to detail.
  • Ability to effectively present information in one-on-one and small-group situations.
  • Ability to operate standard office equipment.

Nice To Haves

  • Bachelor’s degree in Finance, Accounting, or Economics.
  • Previous experience with financial software or in sales.
  • Proficiency with financial calculations and operational software.
  • Skills beyond telemarketing experience.
  • Ability to generate leads organically and use social media effectively.

Responsibilities

  • Advise and educate clients on the home-buying or refinance process and ways to manage their mortgage needs.
  • Contribute mortgage-loan information to strategic plans and reviews, implement operational and customer-service standards, resolve problems, and identify system improvements.
  • Assist in preparing credit information to establish a qualifying range, considering applicants’ assets, credit experience, and income under predetermined standards.
  • Maintain records of credit transactions, inquiries, pending loans, loan activity by representative, and daily loan listings.
  • Attract new mortgage loan applications by building community relationships, particularly with the real estate community, and making sales calls to prospective customers.
  • Monitor collection, verification, and preparation of mortgage-loan documentation; schedule and complete mortgage-loan closings.
  • Perform other duties as assigned.
  • Support The Michigan First Way, including Our Promise, 5 STARS Service, SOLVE IT, and the organization’s ISMs.
  • Represent the organization professionally and maintain a positive demeanor in interactions with team members and members.
  • Apply the organization’s ISMs in daily work and business interactions while executing goals and initiatives.
  • Learn and use EMEC (Every Member’s Experience Counts) in day-to-day responsibilities when communicating with members.

Benefits

  • Very competitive pay.
  • Low-cost medical, dental, and vision benefit options.
  • Employer-paid life and disability insurance.
  • 401(k) with a 100% employer match up to a 5% deferral.
  • Tuition reimbursement for undergraduate and graduate degree programs.
  • Complimentary concierge service.
  • Free fitness center at the Lathrup Village headquarters.
  • Wellness initiatives and events.
  • Loan discounts for certain secured and unsecured loans and mortgages.
  • Opportunities for pay increases, incentives, and profit-sharing based on performance.
  • Onsite subsidized Cafe 26.
  • Onsite bowling center.

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Based on current job postings on Teal, the average First Officer salary in the US is approximately $143,000 per year, with a typical range of $60,000 to $308,000.
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