Mortgage Loan Officer

Job Description

Job Description

The Mortgage Loan Officer will be responsible for building and maintaining strong relationships with realtors, developers, and other external referral sources to drive the mortgage loan business. They will actively seek opportunities to increase income through proactive and effective business development through the sale of various real estate loan products. Their expertise on the mortgage market, along with their ability to use loan origination systems, will be crucial in facilitating the timely processing and closing of loans.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Develops and maintain effective relationships with realtors and developers to obtain mortgage loan business
• Actively and regularly work with realtors, and developers to seek opportunities to partner and provide financing for interested buyers at Open Houses, Project Financing Sales Offices, etc.
• Actively participate in credit union events, such as the BIA Home Shows, etc.
• Effectively follows up on leads generated through external referral sources
• Develops and maintain effective relationships with circles of influence and external referral sources such as realtors, project developers, title and escrow companies, appraisers, attorneys, and other third party vendors and contacts
• Effectively communicates with escrow, realtor, applicant and other interested parties to provide timely follow through
• Responsible for contributing to the mortgage loan budget for the department
• Responsible for all aspects of loans brokered out to other lenders.
• Is knowledgeable regarding the loan origination system and Symitar system and effectively uses the systems and tools to facilitate the handling / processing of their mortgage loans ensuring timely follow up and closing of loans.
• Possesses a thorough knowledge of the laws, customs and pricing structure of the local and national markets
• Keeps abreast of current loan programs, regulations and changes in the secondary market guidelines
• Performs other duties as assigned

EDUCATION

SKILLS AND EXPERIENCE

Minimum Physical Requirements :

BENEFITS & PAY

The expected pay range for the Mortgage Loan Officer is $14.00 / hour plus competitive commission structure.

We cover 100% of employees’ single medical, drug, vision, and dental monthly health insurance premiums. Employees also love receiving paid volunteer time, our pay it forward program, and matching their charitable donations up to $250 per year per employee. Tuition assistance for higher education is another special way we invest in our workforce. Benefits include, Paid Time Off and 11 Paid Holidays, 401(k) and 3% Employer Contribution, Health insurance, Vision insurance, Dental insurance, 401(k), Prescription drug insurance, Life insurance, Flexible spending account, Disability insurance, Opportunities for advancement, Employee assistance program, Referral program, Retirement plan, Employee discount, Paid training, Professional development assistance, AD&D insurance, Credit union membership, Paid orientation, and more.

Make a difference one life at a time!