Mortgage Loan Officer - Denton, TX

Position Summary

The Mortgage Loan Officer (MLO) will originate the bank's mortgage products, including conventional residential mortgages and FHA/VA loans. Responsibilities include counseling potential homebuyers, obtaining necessary documents, and coordinating loan processes. The role requires strong production results, particularly in serving low-and-moderate income and minority communities.

Principal Duties and Responsibilities

• Interviews applicants and requests specific information for mortgage loan applications.
• Serves as the primary contact for all parties involved in individual loans from application to closing.
• Counsels and pre-qualifies potential home buyers.
• Completes applications and obtains all necessary support documents, including fee and lock-in information, in compliance with regulatory requirements.
• Maintains loan status and ensures conformity with terms.
• Obtains loan documentation prior to closing and assists in collecting additional documents.
• Communicates loan status to all parties.
• Analyzes applicant financial status, credit, and property evaluation to determine loan feasibility.
• Works with underwriting to address mortgage-related issues and submit loan packages to operations for approval.
• Coordinates loan processing activities with the loan processor and borrower to ensure proper documentation and verification.
• Develops and maintains internal relationships to create cross-sell opportunities.
• Supports and promotes the bank's vision, mission, and core values.
• Works under high-pressure situations and maintains effective relationships with various stakeholders.

Other Responsibilities

• Ensures compliance with federal and state regulations and bank policies.
• Provides strong, compassionate leadership to foster positive attitudes and trust among employees, customers, and prospects.
• Performs job duties requiring physical presence at the bank.

Qualifications, Education and Experience Requirements

• High School Diploma or GED equivalent with 1-3 years of residential real estate experience, preferably in a brokerage, lending, or underwriting capacity.
• Possession of an NMLS license or being in the process of obtaining one.
• Excellent verbal and written communication skills.
• Excellent analytical skills, attention to detail, and ability to work within time constraints.
• Excellent interpersonal skills to work effectively with others.
• Intermediate computer skills, including proficiency in a Windows environment.
• Ability to be results-oriented with sound judgment.
• Ability to lead and manage workflow of subordinate(s).
• Ability to establish credibility and make decisions while supporting the company's preferences and priorities.
• Ability to be physically present at the bank to perform job duties.