Loan Officer

About the role

Proactively solicit new residential mortgage clients while developing and cultivating a strong business network of referrals. Analyze borrower financial and credit data to determine creditworthiness and probability of financial security in repayment efforts.

Responsibilities

• Develop new business opportunities and sales leads by cultivating relationships with realtors, builders, bankers, and other referral sources
• Develop solid product knowledge and offer clients the best mortgage products to match their needs
• Review application information, requesting specific supporting documentation as needed based on loan investor guidelines
• Analyze and exercise independent judgment and discretion in advancing business objectives and customer interests regarding significant financial decisions
• Carry out major assignments affecting business operations through:
  • Collecting and analyzing information regarding customer income, assets, investments, or debts
  • Analyzing applicant data, credit, and collateral property value
  • Determining which financial products best meet customer needs and financial circumstances
  • Providing advice regarding advantages and disadvantages of available financial products
  • Marketing, servicing, or promoting financial products
• Complete necessary continuing education in a timely manner and remain current on local developments and trends within the real estate and mortgage industries
• Provide origination services in the state of licensure
• Create and maintain excellent business relationships with referral client base to create new mortgage lending opportunities
• Correspond, communicate, and coordinate with clients, in-house support staff, and external service providers to facilitate timely closings

Qualifications

• Sales experience in the mortgage industry is preferred
• Familiarity with mortgage processes, procedures, rules, regulations, and compliance
• Exceptional customer service skills with strong attention to detail
• Excellent written and verbal communication skills
• Strong computer skills including working knowledge of MS Office
• Ability to comprehend and analyze financial information
• Ability to effectively communicate and present complex financial information while fielding and responding to questions from applicants, support staff, and management
• Established contact and referral list within the real estate and mortgage industries preferred
• Ability to pass a required background check