Mortgage Loan Officer

Essential Duties

• Generate self-sourced mortgage loan applications through Realtors, builders, financial centers, community involvement, and other referral sources.
• Conduct borrower consultations to assess financial needs, explain loan options, and recommend appropriate mortgage products.
• Serve as the primary relationship manager for borrowers and referral partners throughout the loan origination process.
• Maintain strong communication with Realtors, attorneys, and other transaction participants to support timely closings.
• Complete and submit mortgage loan applications using the bank’s Loan Origination System (LOS).
• Collect, review, and validate borrower-provided documentation for completeness, consistency, and accuracy prior to submission to Processing.
• Ensure borrower information, loan terms, and application data accurately reflect borrower intent at time of application.
• Maintain responsibility for the accuracy of disclosed loan terms, fees, and program selection based on information known at time of disclosure.
• Prepare and issue required initial and subsequent loan disclosures, including Loan Estimates, in compliance with TRID timing and content requirements.
• Communicate changes in loan terms, fees, or structure promptly to Processing and Closing to ensure timely redisclosure when required.
• Partner with Processing and Closing to resolve disclosure-related discrepancies and tolerance concerns.
• Maintain documentation supporting disclosure decisions and changes.
• Actively manage assigned loan pipeline to ensure timely movement from application through underwriting and closing.
• Collaborate with Underwriters to clarify loan structure, conditions, and borrower scenarios.
• Support Closers by ensuring loan terms and disclosures accurately reflect final approved structure.
• Escalate complex or time-sensitive files to Mortgage Operations leadership when appropriate.
• Maintain a working knowledge of the bank’s Loan Origination System (LOS) and related mortgage technology platforms.
• Stay current on LOS enhancements, updates, workflow changes, and new functionality impacting loan application, disclosures, and pipeline management.
• Participate in required system training and updates related to LOS enhancements.
• Apply new system functionality accurately to support disclosure compliance, data integrity, and operational efficiency.
• Escalate system-related issues that may impact loan accuracy, disclosures, or borrower experience.
• Ensure all origination activities comply with bank policies and applicable federal and state regulations.
• Maintain accurate production, pipeline, and sales activity reporting.
• Meet or exceed minimum production standards and performance metrics established by management.
• Participate in audits, quality control reviews, and regulatory examinations as required.
• Represent the bank professionally in the community and marketplace.

  Minimum Requirements

  • Bachelor’s degree is preferred or equivalent job experience and education.
  • Two years prior experience originating Conventional and Government loan products in a Secondary Market Environment.
  • Proficient math skills; calculate interest and balance accounts; adds, subtract, multiply and divide in all units of measure, using whole numbers common fractions and decimals; locate routine mathematical errors.
  • Effective oral, written and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures and write reports and correspondence.
  • Proficient computer skills including Microsoft Office Suite, and other mortgage and banking software.
  • Effective organizational and time management skills.
  • Proficient knowledge of related state and federal banking compliance regulations, and other SVB lending policies.
  • Current driver’s license and a vehicle with appropriate insurance coverage if required to drive in the course of performing assigned duties and responsibilities.
  • The incumbent must be able to perform this position safely, without endangering the health or safety to him/herself or others.
  • Sauk Valley Bank is an Equal Opportunity Employer.
  • Sauk Valley Bank offers medical, short term disability, long term disability, life, vision, dental and 401K benefits to all full time positions.
  • PTO will vary depending on the level of the position.
  • This position is eligible for incentive.
  • Management reserves the right to change this position description at any time according to business needs.
  • Salary Range: $25.00 - $31.00 hourly depending on experience.
  • March 31, 2026