What are the responsibilities and job description for the Real Estate Loan Officer position at The Union Bank?
The Real Estate Loan Officer assists clients with completion of mortgage applications, inspecting completed documents for accuracy and thoroughness. Reviews loan applications, gathers credit histories and reports, and assesses applicant’s capacity to repay and default risk.
Essential Duties and Responsibilities
· Determines whether clients are eligible for mortgage loans.
- Reviews clients’ financial information to decide the amount they can borrow.
- Pre-approve home buyers, price loans, underwrite files using DO/DU, Gus or manual underwriting, satisfy clear to close conditions, order title work.
- Files mortgage loan applications and keeps detailed client records.
- Manages the contract and closing process.
- Builds strong working relations with clients.
- Advises clients on mortgage loan options and refinancing.
- Follows all national, state, and local financial rules and regulations.
- Maintains client confidentiality.
- Uses common mortgage loan software.
- Pay bills associated with real estate loan files.
- Other duties as assigned.
Minimum Qualifications (Knowledge, Skills, and Abilities)
· Typical skills needed in an office environment. These include computer skills, communication skills, as well as utilization of basic office equipment.
- Strong dedication to accuracy and efficiency
- Knows mortgage loan best practices and has financial acumen.
- Must have an active MLO (mortgage loan originator) License in North Dakota.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible schedule
- Health insurance
- Health savings account
- Paid time off
- Vision insurance
Work Location: In person