Mortgage Loan Officer

Job Description

Office Location: Fort Worth, Texas, United States

SCOPE/CONTACTS

Incumbent is responsible for providing secondary market mortgage loans to consumers. The incumbent has extensive contacts on a daily basis with Bank customers and personnel as well as outside contact with real estate brokers, builders, title companies, private mortgage insurance companies, attorneys and other related entities to insure a competitive product that meets the customer's needs.

Essential Functions

• Proactively solicits new prospects for residential mortgage secondary market loans through contacts and referrals with Bank customers, real estate brokers, builders, title companies, private mortgage insurance companies, attorneys and other related entities;
• Conducts interviews with prospective borrowers in order to analyze financial and credit data to determine customer financing objectives;
• Advises customers of product/pricing policies and guidelines and gathers any additional required information;
• Continually identifies, develops and maintains a quality network of personal and business relationships that serves as a recurring source of referrals for new mortgage lending opportunities;
• Ensures exceptional customer service by maintaining thorough knowledge of lending programs, policies, procedures and regulatory requirements;
• Demonstrates a commitment to professional ethics.

Qualifications

• High school diploma or equivalent
• Two years of mortgage loan experience, and one year of real estate/sales experience are required
• Bachelor’s Degree with specialization in real estate or finance may substitute in lieu of experience
• Working knowledge of mortgage lending and laws/regulations procedures is necessary
• Must be familiar with FNMA, FHLMC, FHA, and VA regulations and guidelines as well and other loan programs offered
• Proficiency in Microsoft Word, Excel, and related computer applications is also required
• Incumbent must be able to work with limited supervision
• Professional demeanor as well as effective oral communication and interpersonal skills are essential

Benefits

The above statements reflect the general details considered necessary to decide the principal functions of the job identified and shall not be construed as a detailed description of all work requirements that may be inherent in the job.