Mortgage Loan Officer

Responsibilities

• Creates an exceptional member experience through origination of long-term mortgage loans, real estate, lot, construction, and home equity loans.
• Takes applications, processes preliminary documentation, and prepares complete loan application packages and necessary documentation.
• Conveys policies for extension of credit in accordance with compliance with FNMA, FHA, VA, GNMA and/or Kirtland Credit Union (KCU) guidelines/policies.
• Manages application pipeline to efficiently initiate mortgage applications within established service level standards.
• Establishes and maintains effective and professional business relations with members, realtors, home construction and other mortgage industry professionals such as appraisers, escrow officers, and title companies.
• Answers questions and requests and resolves problems.
• Assumes responsibility for establishing and maintaining effective communication and coordination with Credit Union personnel and with management.

Requirements

• Bachelor’s degree in business or related field preferred.
• Current NMLS license or ability to obtain one.
• Three to five years of experience working with mortgage and home equity loans preferred.
• Strong understanding of credit analysis, mortgage underwriting guidelines and mortgage loan qualifications.
• Proficient with mortgage products, regulations, and processes for Conventional, FHA, VA, and Adjustable-Rate Mortgages.
• Demonstrated experience with meeting and exceeding goals.
• Experience with member experience, identifying needs and providing solutions in a professional manner.

Qualifications

• Strong knowledge in determining credit worthiness and analyzing credit reports.
• Proficient with all mortgage calculations.
• Knowledge of Credit Union loan policies, products, procedures, processing.
• Knowledge with title reports, insurance, and appraisals.
• Thorough knowledge of Federal mortgage-related laws: RESPA, Truth in Lending Act-REG Z; Homeownership and Equity Protection Act (HOEPA); Homeowners Protection Act (HPA); Equal Credit Opportunity Act (ECOA); Fair Credit Reporting Act (FRCA); Fair and Accurate Transaction ACT (FACTA); Gramm-Leach-Bliley Financial Modernization Act (GLBA-Regulation P); Home Mortgage Disclosure Act (HMDA-Regulation C); Mortgage Disclosure Improvement Act (MDIA); Housing and Economic Recovery Act; New Ability-to-Repay Requirements and Qualified Mortgage Standards.
• Proficient with mortgage products, regulations, and processes for Conventional, FHA, VA, and Adjustable-Rate Mortgages.
• Proficient with home equity loans and home equity lines of credit, preferred.

Benefits

• Medical, Dental and Vision Insurance
• 401(k) Retirement savings program that includes employer match.
• Paid time off with accrual starting from day one.
• 11 Paid holidays off during the year!
• Tuition Reimbursement for College Degrees
• Employee Clothing Advance
• Fitness Reimbursement Program
• Employee Assistance Program
• Short- and Long-Term Disability
• Travel Assistance

Pay

Commensurate with experience.

Schedule

Remote position based on geographic location.

Skills

• Strong knowledge in determining credit worthiness and analyzing credit reports.
• Proficient with all mortgage calculations.
• Knowledge of Credit Union loan policies, products, procedures, processing.
• Knowledge with title reports, insurance, and appraisals.
• Thorough knowledge of Federal mortgage-related laws: RESPA, Truth in Lending Act-REG Z; Homeownership and Equity Protection Act (HOEPA); Homeowners Protection Act (HPA); Equal Credit Opportunity Act (ECOA); Fair Credit Reporting Act (FRCA); Fair and Accurate Transaction ACT (FACTA); Gramm-Leach-Bliley Financial Modernization Act (GLBA-Regulation P); Home Mortgage Disclosure Act (HMDA-Regulation C); Mortgage Disclosure Improvement Act (MDIA); Housing and Economic Recovery Act; New Ability-to-Repay Requirements and Qualified Mortgage Standards.
• Proficient with mortgage products, regulations, and processes for Conventional, FHA, VA, and Adjustable-Rate Mortgages.
• Proficient with home equity loans and home equity lines of credit, preferred.

Benefits

• Medical, Dental and Vision Insurance
• 401(k) Retirement savings program that includes employer match.
• Paid time off with accrual starting from day one.
• 11 Paid holidays off during the year!
• Tuition Reimbursement for College Degrees
• Employee Clothing Advance
• Fitness Reimbursement Program
• Employee Assistance Program
• Short- and Long-Term Disability
• Travel Assistance

Pay

Commensurate with experience.

Schedule

Remote position based on geographic location.

Job Title

Mortgage Loan Officer

Company

Kirtland Credit Union