Community Mortgage Loan Officer

Posted 2hrs ago

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Job Description

Community Mortgage Loan Officer managing a network of referrals and mortgage applications for affordable housing. Working with multicultural and low-income homebuyers while representing the bank in local initiatives.

Responsibilities:

  • Identifies, develops and maintains a quality network of community-based organizations, Realtors, and local state/government agencies
  • Takes residential mortgage loan applications and communicates underwriting decisions
  • Increases mortgage loan volume, focusing on CRA, low-and moderate-income, and multicultural borrowers
  • Researches organizations and agencies within assigned geographic area
  • Establishes relationships with nonprofit organizations, realtors, and housing offices to generate referrals
  • Represents the bank in community-based meetings and initiatives
  • Explains variety of mortgage products and services available
  • Guides customers through the mortgage application process
  • Communicates regularly with customers, underwriters, and others to ensure application process proceeds as planned
  • Sells and originates residential mortgage loans according to established policies

Requirements:

  • Bachelor’s degree or progressive work experience in addition to experience below
  • 3+ years related experience required
  • Self-directed, ability to plan own activities to achieve sales goals
  • Excellent time management skills
  • PC skills, including knowledge of mortgage origination and automated underwriting systems
  • Employee must maintain an active registration status with NMLS (Nationwide Mortgage Licensing System and Registry)
  • Established network of community-based organizations, municipalities and agencies whose primary focus is affordable housing and first time home buyer education
  • Demonstrated sales ability
  • In-depth knowledge of mortgage industry, products, lending practices and regulatory guidelines
  • Minimum target annual loan originations of 48 LMI/multicultural units

Benefits:

  • Health and well-being benefits
  • Savings and retirement programs
  • Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
  • Banking benefits and discounts
  • Career development
  • Reward and recognition