Mortgage Direct Loan Officer

About the role

Responsible for the development of new mortgage business from credit union members, non-credit union referral sources, and various lead aggregators. Prospect non-member borrowers and referral sources, as well as credit union-provided lead opportunities. Stay current with credit union products, mortgage guidelines, and overall mortgage lending knowledge, including current market conditions.

Responsibilities

• Develop new mortgage business through referral sources such as realtors and past clients.
• Conduct outbound calling and selling to member leads and credit union-provided non-member leads.
• Develop sales prospects and continually grow a diverse referral base.
• Identify and sell Alliant’s mortgage strengths and niches.
• Prospect and follow up with credit union-provided leads; develop and consistently execute a goal-focused business plan.
• Take accurate and complete first mortgage loan applications, collect initial documentation, and forward to the processing unit.
• Originate quality applications that meet Alliant’s product guidelines.
• Set proper borrower expectations and work with members and processing to facilitate a smooth and timely experience.
• Work with borrowers and the processing unit throughout the loan process to ensure member satisfaction and expectations are met.
• Ensure compliance with all applicable state and federal laws, company procedures, and policies, including the Bank Secrecy Act.
• Maintain integrity and ethics in all actions and conversations regarding credit union members and their accounts; comply with Privacy Act directives.

Requirements

• Minimum 4-year Bachelor’s Degree in Business, Finance, Economics, or a related field.
• Minimum 3 years of consumer direct loan officer or related experience.
• In lieu of education: 5 years of consumer direct loan officer experience.

Pay

Typical hiring range: $30,800.00 to $43,600.00 annually. Actual compensation will be determined using factors such as experience, skills, and knowledge.

Benefits

• Health care, vision, and dental coverage.
• 401k with employer match.
• Annual performance bonus.
• Work from home up to 3 days a week.
• Paid parental leave.
• Employee discount programs.
• Time off including paid personal and sick days.
• 11 paid holidays.
• Education reimbursement.

Note: Eligibility and cost of benefits can vary depending on the number of regularly scheduled hours and job status (e.g., regular full-time, regular part-time, or temporary employment).