Mortgage Loan Consultant

First State Bank – Job Description

Job Title : Mortgage Loan Consultant Status Exempt

Department : Residential Lending

Reports To : Residential Lending

Primary Purpose of the JOB :

This is a commission-based position to solicit, service, and arrange for a wide variety of mortgage, real estate, and construction loans. The principal responsibility of the commissioned lender is to meet with the customer to determine the best product and terms that will ensure success in the mortgage approval process. Decisions regarding documentation required for approval, fees and terms must be clearly communicated and the customer must leave the application process with proper disclosures and a thorough understanding of the steps that will ensue toward that end. S / he will communicate an outgoing and friendly professional demeanor not only to customers but to staff as well.

Essential DUTIES :

• Originates services and arranges for a wide variety of mortgage, real-estate and construction loans
• Develops new business through contacts with realtors, builders, and branch referrals.
• Customarily and regularly engages in obtaining business outside of the office
• Participates in related business development community activities in the assigned market
• System development, which includes the day-to-day knowledge and application of mortgage software including all applicable regulatory documents
• Maintain knowledge of the various loan products and of processing the loan
• Maintain knowledge of policies and regulations in the mortgage lending field
• Comply with SAFE Act requirements
• Create and maintain a courteous and professional relationship with co-workers while maintaining timely and prompt daily attendance

Other DUTIES :

Required Experience / SKILLS :

Required EDUCATION :

Required CERTIFICATION :

Working CONDITIONS :

Employees are expected to comply with all laws, regulations, bank policies and procedures, including specifically First State Bank’s Bank Secrecy Act and Anti-Money Laundering Policy and procedures, and its Customer Identification Program. Failure to comply with either the letter and / or spirit of these laws may result in disciplinary action, up to an including termination.

This job description does not list all the duties of the job. Supervisors or managers may ask you to perform other instructions and duties. You will be evaluated in part based on your performance of the tasks listed in this job description.

Management has the right to revise this job description at any time. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.