Mortgage Loan Officer

About the role

At Peninsula Federal Credit Union, we are dedicated to being the trusted financial partner within our communities. We invest in our employees through training and empower them to help members with great products and services every day.

Responsibilities

• Interviews loan applicants to develop information concerning their loan needs, earnings, and financial condition.
• Explain loan programs to members, evaluates their needs, and recommends loan options.
• Works both in-house and secondary market mortgages and is knowledgeable of changes in rules, regulations, and best practices for various mortgages.
• Works in conjunction with Mortgage Processors to collect supporting documentation and set closing dates.
• Aware of departmental and companywide goals and prioritizes work to achieve funding goals.
• Fully familiar with underwriting philosophies, lending decisions (approved, denied or conditioned), approval stipulations, loan products and services, credit bureau reports and scores, credit histories, applicable federal regulations, mortgage protection insurance, loan rates and lending policies and procedures.
• Prepares and/or reviews all loan documents for completeness and accuracy.
• Establishes the terms and conditions of an approved loan and reviews them with the member.
• Develops and maintains contacts with local realtors, developers and builders to promote and encourage the use of credit union services for residential mortgages.
• Helps with training new employees in the department and performs other job related duties as assigned.

Requirements

• Three years to five years of similar or related experience.
• (1) A two-year college degree, or (2) completion of a specialized certification or licensing, or (3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.
• Experience working with loan programs and mortgage processes.
• Knowledgeable about secondary market offers and able to communicate with members and staff.
• Ability to operate general office equipment, such as computers, calculators, copiers, scanners, and computer keyboarding skills.
• Good communication skills, including accuracy with numbers, managing files and records, and other loan office procedures and terminology.
• Physical requirements: Sedentary work, must be able to sit for long periods of time, possess hand, wrist, and finger dexterity to use keyboard, phone and calculator in a repetitive manner throughout your scheduled time, and the ability to view a computer monitor throughout your scheduled time.
• Availability: Must be available to work from 7:30 a.m. to 7:30 p.m. M-F and Sat., and work a flexible schedule. May be required to work at other branches and have the ability to travel to and from those branches.

Qualifications

• Must have a general understanding of Credit Union operations.
• Maintain confidentiality related to Credit Union operations and work-related information.
• Must have good communication skills.

Skills

• Accurate with numbers, managing files and records, and other loan office procedures and terminology.
• Proficient with applicable technology.
• Ability to operate general office equipment, such as computers, calculators, copiers, scanners, and computer keyboarding skills.

Benefits

Peninsula Federal Credit Union offers a positive, member-focused work environment, training and development opportunities, competitive compensation and benefits, and the chance to make a meaningful impact every day.

Pay

Compensation is commensurate with experience.

Schedule

Must be available to work from 7:30 a.m. to 7:30 p.m. M-F and Sat., and work a flexible schedule. May be required to work at other branches and have the ability to travel to and from those branches.

Equal Opportunity Employer

Peninsula Federal Credit Union is an Equal Opportunity Employer.