Mortgage Loan Officer; BR 53 - Butler; 5/22/2024

Description

JOB SUMMARY: Increases mortgage loan portfolio by developing business contacts; attracts mortgage customers; evaluates, authorizes or recommends approval of real estate loans; and advises borrowers on financial status and methods of payments.

 

ESSENTIAL FUNCTIONS:

• Works within specified limits to approve loans for mortgage customers and refer loan applications outside those limits to senior management/loan committee for approval.
• Meets mortgage loan operational standards by contributing mortgage loan information to strategic plans and reviews; implements production, productivity, quality, and customer service standards; and resolves problems as needed.
• Attracts new mortgage loan applications by developing relationships within the community, specifically with the real estate community; making sales calls to prospective customers.
• Prequalifies mortgage loans by examining application and supporting documentation; estimating credit-worthiness; and calculating repayment risk.
• Completes mortgage loans by monitoring collection, verification and preparation of mortgage loan documentation; schedules and completes mortgage loan closing.
• Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; and participating in professional organizations.
• Attends various networking events to expand business contacts and channels; work with other mortgage loan officers to contact individuals, realtors and builders.
• Maintains up-to-date knowledge of FHA, VA or conventional loan rules, regulations and guidelines through a combination of educational classes, correspondence courses on the job training and webinars/seminars.
• Protects bank’s image by keeping mortgage loan information confidential.
• Performs other duties as assigned

 

Requirements

QUALIFICATIONS:

• Bachelor’s degree preferred or equivalent work experience
• Proficiency in MS Office and mortgage software 
• Experience in Encompass 
• Comprehension of lending procedures. 
• In-depth understanding of relevant rules and regulations.
• Ability to function independently in a multi-task environment as well as part of a team. 
• Ability to analyze information and make informed decisions.
• Strong organization skills and detail oriented.
• Excellent communication and sales skills.
• Must exhibit professionalism.
• Minimum of 3 units per month, or $1 million monthly production average over the preceding 3 months to remain full time.

-EOE M/F/Disability/Veteran Employer
-Applicants and employees notice of EEO rights are available in our office and online here: https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf
-And the supplement: https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf
-If you are an individual with disabilities who needs accommodation or you are having difficulty using our website to apply for employment, please contact Human Resources at 903-334-0969.