Loan Officer

The Loan Officer plays an important role in the organization by performing a variety of activities directly related to the company’s Production functions.

Requirements

• Obtain an accurate and thorough 1003.
• Collect supporting documentation from borrower:
• Obtain executed disclosures within regulations time frame.
• Obtain accurate AUS findings.
• Analyze credit report and financial scenario, determining appropriate loan product(s).
• Determine (price) a profitable loan and communicate fees to ops team.
• Submit a complete loan package to processing.
• Lock in rate.
• Review CD to ensure fees and cash at closing are consistent with commitment to Customer:
• Issue Lender Credit if needed
• If loan out of balance, work with processor & branch manager to request subsidy
• Resolve file problems, bottlenecks and qualifying issues throughout production and underwriting process.
• Provide administrative support in the collection and preparation of submitting loan application with supporting documentation to processing.
• Coordinate, create, track and distribute marketing materials.
• Manage client and referral partner databases.
• Answer customer inquiries involving rates, products and loan application status to ensure quality customer service.

Benefits

• medical
• dental
• vision
• life insurance
• AD&D
• LTD
• 401(k) with employer match