Mortgage Loan Officer

Responsibilities

• SOURCE AND ORIGINATE RESIDENTIAL REAL ESTATE LOANS THROUGH DEVELOPMENT OF RELATIONSHIPS WITH REALTORS, BUILDERS AND BUSINESS PROFESSIONALS.
• Achieve individual and department real estate production and quality goals as outlined by the Credit Union.
• BE AN ACTIVE MEMBER OF THE COMMUNITY AND THE LOCAL REAL ESTATE INDUSTRY.
• ATTEND VARIOUS FUNCTIONS AND ESTABLISH KEYPOINT CREDIT UNION IN THE COMMUNITY AS THE REAL ESTATE LENDER OF CHOICE.
• DEVELOP AND MANAGE A REALTOR REFERRAL BASE OF BETWEEN 15-25 ACTIVE REAL ESTATE AGENTS.
• CONDUCT PRESENTATIONS AT REAL ESTATE OFFICE SALES MEETINGS, HOMEBUYER SEMINARS OR OTHER VENUES TO SOLICIT REAL ESTATE LOANS.
• GENERATE REFERRAL BUSINESS, LEADS AND RELATIONSHIPS WITH INDIVIDUALS, EXISTING CLIENTS, PAST CLIENTS AND REAL ESTATE PROFESSIONALS.
• PURCHASE AND ORGANIZE INFORMATION RELEVANT TO THE MEMBER’S APPLICATION AND THE CREDIT UNION’S REAL ESTATE LOAN PRODUCTS AND PROCESSES.
• EFFECTIVELY EXPLAIN AND COMMUNICATE THE TERMS OF THE REAL ESTATE LOAN PRODUCTS AND ENSURE ALL NECESSARY DOCUMENTS ARE OBTAINED AND/OR SIGNED BY THE MEMBERS.
• ANALYZE MEMBER’S EXISTING FINANCIAL STATUS, CREDIT AND PROPERTY EVALUATION TO DETERMINE FEASIBILITY OF GRANTING THE LOAN, PROVIDING CONDITIONAL APPROVAL OR DENIAL OF LOAN REQUEST.
• ANALYZE DETAILLED FINANCIAL AND CREDIT DATA, MATCHING THE MEMBER’S NEEDS WITH AN APPROPRIATE LOAN PROGRAM AND LEVEL OF RISK.
• CLEARLY COMMUNICATE CONDITIONAL APPROVAL AND THE CONDITIONAL APPROVAL CONDITIONS.
• COMMUNICATE WITH MEMBER TO RESOLVE QUESTIONS REGARDING APPLICATION INFORMATION.
• MANTAIN A STRONG WORKING KNOWLEDGE OF ALL THE CREDIT UNION’S PORTFOLIO AND INVESTOR GUIDELINES AS WELL AS BE FLUENT IN LOAN LEVEL PRICING.
• MANAGE PIPELINE TO MEET PRODUCTION GOALS, LOAN QUALITY AND MEMBER SERVICE INCLUDING TURN TIMES.
• UNDERSTAND AND LEARN NEW CRM AND LOS SYSTEMS TO FACILITATE LOAN CLOSINGS.
• RESPONSIBLE FOR QUOTING RATES AND GUIDELINES WITH ACCURACY AND FAIRNESS.
• COMMUNICATE DIRECTLY BOTH VERBALLY AND IN WRITING WITH MEMBERS, REAL ESTATE CLIENTS AND PEERS IN THE REAL ESTATE LENDING DEPARTMENT.
• CROSS SELL OTHER PRODUCTS AND SERVICES OFFERED BY THE CREDIT UNION.
• ADHERE TO FEDERAL AND STATE REGULATORY REQUIREMENTS, AND CREDIT UNIONS POLICIES AND PROCEDURES AS THEY PERTAIN TO LOAN ORIGINATION AND SALES.
• PERFORM OTHER DUTIES AS ASSIGNED.

Physical Requirements

• SITTING 75% OF THE TIME WITH STANDING 10% OF THE TIME AND WALKING 15% OF THE TIME.
• BENDING, REACHING AND KNEELING TOTAL OF NO MORE THAN 1 HOUR EACH DAY.

Minimum Requirements

• MINIMUM 5 YEARS MORTGAGE EXPERIENCE, PREFERABLY AS A LOAN OFFICER OR ACCOUNT EXECUTIVE.
• HIGH SCHOOL DIPLOMA OR EQUIVALENT, WITH AA OR BS PREFERRED.
• EXPERTISE IN INTERPRETING UNDERWRITING GUIDELINES AND ANALYZING RISK.
• SOLID TIME MANAGEMENT AND ORGANIZATIONAL SKILLS.
• ABILITY TO COMMUNICATE CLEARLY AND EFFECTIVELY, BOTH VERBALLY AND IN WRITING, ACROSS A VARIETY OF AUDIENCES.
• STRONG INTERPERSONAL SKILLS.
• ABILITY TO SOLVE A VARIETY OF PROBLEMS AND DEAL WITH COMPLEX SCENARIOS BY USING COMMON SENSE AND PRACTICAL APPLICATIONS.
• ABILITY TO WORK ACCURATELY AND EFFICIENTLY IN A FACE-PAKED ENVIRONMENT.
• SUPERIOR COMPUTER SKILLS, INCLUDING PROFICIENCY WITH MICROSOFT OFFICE SUITE.
• EXPERIENCE AND DETAIL UNDERSTANDING OF FNMA’S DU AND FHLMC’S LP SYSTEMS.
• This position requires S.A.F.E. registration at the time of employment.
• The Nationwide Mortgage Licensing System (NMLS) web site (mortgage.nationwidelicensingsystem.org) provides the MU4R questions and registration required for employment in this position.
• Ongoing employment is contingent upon meeting all such requirements, including acceptable background investigation results.