POSITION SUMMARY:
The Mortgage Loan Originator (MLO) will be responsible for soliciting new business and originating mortgage loan products offered by the Bank. Identify, develop, and maintain a network of business relationships to establish a constant referral source to originate new loans. Continuously maintain a thorough knowledge of underwriting guidelines, bank policies, program changes, and compliance requirements.
ESSENTIAL FUNCTIONS:
Business and Relationship Development
• Responsible for soliciting new business and originating mortgage loan products offered by the Bank. Continually identify, develop, and maintain a network of business relationships to establish a constant referral source to originate new loans.
• Build a network of referral sources, such as real estate professionals, builders, professional and personal contacts as well as participate in business related development opportunities.
• Participate in CRA lending efforts and opportunities for low to moderate income level borrowers or those purchasing a home in a low to moderate income census tract.
• Originate or refer equity loan business. Cross-sell personal and business products by referring to the appropriate banking partner.
Quality Loan File Submission
• Interview applicants and gather information to determine whether a loan is within the Bank’s lending policy and product guidelines.
• Obtain a complete application and appropriate documentation required for loan submission.
• Analyze financial related data for use in determining credit worthiness of loan requests.
• Provide recommendations to the appropriate approval source.
• Work with mortgage processor and underwriter to resolve all outstanding loan conditions of submitted files.
Knowledge, Skills, and Abilities
• Basic knowledge of the mortgage process, underwriting, and closing guidelines.
• Understanding the federal regulations governing real estate lending as well as the company’s fair lending policies.
• Excellent level of oral and written communication skills. Ability to communicate across a variety of audiences.
• Professional and effective interpersonal skills. Solid decision making skills with display of professionalism in maintaining confidentiality.
• Solid time management skills and the ability to organize and prioritize multiple tasks at the same time.
• Ability to analyze and comprehend financial data and documents and provide financial alternatives when necessary.
• Ability to be results oriented with sound judgment.
Community Involvement
• Participate in community/marketing events designed to support the Bank, department, and individual goals.

MORE ABOUT THE ROLE:

Employees are to adhere to all applicable regulatory compliance and personnel policies in the fulfillment of the specific duties of the position including Bank Secrecy Act (BSA), Compliance, Information Security, and Code of Ethics. Employees are required to complete all online compliance and regulatory courses. 

SALARY GRADE: 99

*Macatawa Bank's full position description is available upon request.