Mortgage Loan Officer (Full-Time - Non-Exempt)

The Mortgage Loan Officer is responsible for helping customers research loans, navigating the application, approval and closing process. This position will also collect and prepare documents needed to secure a loan, recommend loan options and explain terms to clients, determine risks for loaning to clients based on credit and underwriting procedures, all while reviewing and ensuring accuracy and completeness of client applications.

Requirements

• Obtain a complete loan application from the applicant(s)
• Collect income, asset and identification documentation from the borrower(s)
• Communicate with customers to help them choose the mortgage loan most suitable to their needs and wants
• Deliver the initial loan disclosures to the borrower(s) per disclosure guidelines and regulatory time constraints
• Conduct a quality and completeness review of the original loan disclosure documents and the initial income and assets documentation provided by the borrower(s)
• Provide the loan processor a preliminary loan file that allows them to complete their tasks in a timely manner
• Obtain a tri-merged credit report for each borrower
• Originate loans that meet bank guidelines
• Remain aware of loan application deadlines and communicate promptly and effectively with borrowers, referral partners and coworkers so that the loan progresses to completion in a way that earns repeat and referral business
• Develop and retain relationships with referral sources (realtors, financial planners, insurance agents, attorneys, etc.)
• Foster inter-bank and inter-department cooperation that will maximize opportunities to strengthen the bank’s relationships with customers