Mortgage Loan Officer

About the role

Solicits first mortgages through contacts with realtors, builders, and developers. Works with customers to identify and secure a mortgage loan that aligns with their financial circumstances and helps them achieve their home ownership goals.

Responsibilities

• Develops and expands referral sources to solicit first mortgages.
• Maintains regular contact with Realtors in their offices and at open house events.
• Meets with builders on job sites to discuss lending options related to clients building homes.
• Participates in building and trade shows.
• Attends mixers related to real estate to build and forge new relationships.
• Collects and analyzes applicant’s financial information to assess eligibility for a particular loan.
• Interviews applicants and provides required information, including income, assets, investments, debt, credit history, prior bankruptcies, judgments, and liens, as well as characteristics of property.
• Evaluates customer’s needs in relation to available financial products and recommends the best fit.
• Recommends terms and conditions of mortgage loans.
• Engages in customer-specific persuasive sales activity to encourage potential customers to do business with the Company and cross-promotes other services and financial products to outside referral sources.
• Performs work related to the loans the employee originates, obtaining and analyzing pertinent financial and credit data, following current loans to ensure conformity with terms, and following up with customers and prospective customers via telephone and email.
• Completes paperwork related to the loans originated and prepares materials needed for loan activities.
• Attends company meetings as necessary.
• Ensures loan originations are in accordance with regulatory compliance and ensures documentation is completed in accordance with regulatory compliance.
• Communicates with the customer throughout the process on an ongoing basis to ensure the customer understands the process.

Requirements

• High School Diploma or equivalent.
• 1 or more years recent residential mortgage lending experience.
• Proven ability to develop referral sources from contacts and relationships outside the organization.

Qualifications

• Education: High School Diploma or equivalent.
• Experience: 1 or more years recent residential mortgage lending experience.
• Other Sources: Proven ability to develop referral sources from contacts and relationships outside the organization.

Skills

• Excellent communication skills.
• Ability to develop and maintain strong relationships with real estate professionals and builders.
• Strong analytical and problem-solving skills.
• Knowledge of mortgage lending regulations and compliance requirements.

Benefits

This role is fully commissioned and comes with a comprehensive benefits package including:

• Medical plans with prescription drug coverage.
• Flexible spending account or health savings account.
• Dental and vision insurance.
• Life insurance.
• 401(k) program with employer match and Employee Stock Purchase Plan.
• Paid time off programs including holiday pay and paid volunteer time.
• Disability insurance coverage and maternity and parental leave.
• Adoption assistance.
• Education assistance.
• A robust wellness program with financial incentives.

Pay

Details of pay structure are not specified in the job posting.

Schedule

The role is a full-time, commissioned career opportunity that can be hybrid based out of City Line Plaza location in Bethlehem, PA.