Mortgage Loan Officer

Overview
Join our dynamic team as a Mortgage Loan Officer and become a vital part of helping members achieve their homeownership dreams! In this energetic role, you will guide borrowers through the entire loan process, from application to closing, ensuring a smooth and positive experience. Your expertise in financial sales, negotiation, and customer service will drive success and foster lasting relationships. As a key player in our mortgage division, you will leverage your knowledge of loan origination, underwriting, and compliance to deliver tailored solutions that meet both client needs and regulatory standards.

Responsibilities

• Develop a mortgage loan business through staff and member education.
• Build and maintain positive relationships with realtors, contractors, underwriters, and other institutions.
• Interview loan applicants and assist members with the loan application process.
• Obtain and evaluate credit reports for all accounts, verify debts, and estimate monthly payments for any outstanding debts not listed and add them to the debts on application.
• Approve or deny real-estate loan applications, providing proper Adverse Action notices as needed.
• Prepare and provide early disclosures to applicants as required.
• Obtain flood certificates, appraisals, verifications of employment and deposits, and any other documents as may be required.
• Ensure that each real estate loan is processed accurately and complies with federal regulations.
• Prepare document packet for closing.
• Pay title companies, appraisers, and other third parties for services relating to mortgage applications or closing.
• Establish and monitor control procedures for the first-mortgage loan portfolio.
• Manage second-mortgage portfolio.
• Work with marketing to develop marketing plans for mortgage products.
• Monitor delinquent real estate loans and take action as necessary.
• Achieve Value Creation goals as set by management.
• Prepare monthly production reports for Management and the Board of Directors.
• Fill in for consumer loan officers as needed.
• Maintain predictable attendance by consistently showing up on time to ensure work commitments are consistently met.

Requirements

• Proven experience as a Loan Officer or in a similar mortgage or financial services role with strong knowledge of loan origination processes.
• Demonstrated success in financial sales combined with excellent negotiation skills to close deals effectively.
• Familiarity with FNMA guidelines, underwriting standards, escrow procedures, and mortgage servicing practices.
• Proficiency in mortgage-specific software such as Quicken, along with general accounting software and basic math skills including 10-key typing.
• Strong customer service orientation with the ability to explain complex financial concepts clearly and transparently.
• Knowledge of Fair Housing regulations, TILA requirements, credit analysis techniques, contracts management, and banking operations.
• Ability to perform detailed credit analysis using accounting or financial software tools; experience with math-intensive tasks is essential.
• Excellent organizational skills for loan processing documentation and compliance recordkeeping. Join us to make a meaningful impact by helping clients navigate the exciting journey of homeownership! We’re committed to fostering an inclusive environment where your expertise can thrive while delivering exceptional service every step of the way.

Pay: $45,000.00 - $110,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Opportunities for advancement
• Paid time off
• Vision insurance

Work Location: In person

Salary : $45,000 - $110,000