What are the responsibilities and job description for the Mortgage Loan Officer FHA position at AFFORDABLE HOMES?
Job Overview
We are seeking a dynamic and detail-oriented Mortgage Loan Officer FHA to join our dedicated lending team. In this role, you will be the key driver in guiding clients through the mortgage loan process, specializing in Federal Housing Administration (FHA) loans, which help make homeownership accessible for many. Your energetic approach to customer service, combined with your industry knowledge and compliance expertise, will ensure a smooth and positive experience for every borrower. This position offers an exciting opportunity to leverage your sales skills, financial acumen, and regulatory understanding to grow your career while helping clients achieve their homeownership goals.
Responsibilities
- Assist clients in understanding FHA loan options and guide them through the loan origination process from application to approval
- Conduct thorough credit analysis and evaluate financial documents to determine borrower eligibility in compliance with FHA and other federal regulations
- Collaborate with underwriters, processors, and other team members to ensure accurate loan processing and timely approvals
- Negotiate loan terms with clients while maintaining adherence to fair housing laws and banking regulations
- Utilize mortgage software such as Quicken or similar platforms to streamline loan management and documentation
- Stay current on industry knowledge of financial regulations including TILA (Truth in Lending Act), FNMA (Fannie Mae), and other compliance standards
- Provide exceptional customer service by addressing client questions promptly, explaining complex financial concepts clearly, and maintaining ongoing communication throughout the lending process
Requirements
- Proven experience as a mortgage loan officer with a focus on FHA loans or similar mortgage products
- Strong knowledge of mortgage lending processes, underwriting, loan processing, and industry regulations including fair housing laws and banking compliance
- Excellent negotiation skills coupled with sales experience to effectively promote loan products and close deals
- Proficiency in mortgage servicing software such as Quicken or comparable financial software tools
- Basic math skills for credit analysis, escrow calculations, and contract review; proficiency in 10-key typing required
- Familiarity with financial services including loan origination, credit analysis, and commercial lending analysis in risk and credit assessment
- Ability to adhere strictly to compliance standards such as TILA, FNMA guidelines, and banking regulatory requirements
- Exceptional customer service skills with a focus on clear communication and client satisfaction
- Knowledge of accounting software, mortgage contracts, escrow procedures, and banking regulations is highly desirable
Join us if you're passionate about making a difference in people's lives through responsible lending! We value energetic professionals who thrive on helping clients navigate complex financial decisions while ensuring compliance at every step. This is your chance to grow within a vibrant team dedicated to excellence in mortgage lending.
Pay: $67,072.25 - $80,775.18 per year
Work Location: In person
Salary : $67,072 - $80,775