Mortgage Loan Officer (Full Time) - Dallas

A pre‑employment credit check will be performed on all qualified applicants.* External Applicants: Please apply through Prosperity Bank’s Career Center at https://www.prosperitybankusa.com/Careers. Applying through any other source may prevent Prosperity from receiving your application. Internal Applicants: If you are a current associate of Prosperity Bank, please apply through the internal Talent – Career Center in ADP. Prosperity Bank is an Equal Opportunity Employer.

Position Purpose

The responsibility of the Mortgage Loan Officer (MLO) is to source new mortgage loan business from leads generated inside and outside of the Bank. The MLO takes loan applications, reviews them, provides applicants with a list of required supporting documents, sets realistic expectations about the mortgage loan process, and provides regular updates to applicants and other interested parties. The MLO discusses mortgage‑related facts and issues with applicants concerning ability to repay, bank credit policy, and documentation needed for underwriting. The MLO must be familiar with Bank credit policy and the guidelines of the GSEs, FHA, and VA.

Essential Functions and Basic Duties

• Originate eligible mortgage loans, focusing on marketing activities that generate referrals from Prosperity Banking Centers, realtors, home builders, financial planners, networking groups, trade associations, and personal sphere of influence.
• Meet minimum production expectations:
  • Monthly: 5 units or $1.0 million in eligible loan volume.
  • 90‑day rolling average: 15 units or $3.0 million in eligible loan volume.
• When assigned a Prosperity Bank location, visit the bank regularly to build internal relationships, educate bank employees on introducing customers to the mortgage department, and create warm hand‑offs for non‑bank mortgage customers.
• Treat mortgage referrals from the bank as an adjunct to self‑sourced business.
• Establish and maintain effective communication, coordination, and working relations with bank personnel in mortgage fulfillment and with management.
• Represent Prosperity Bank with the highest level of professional conduct and ethical behavior, safeguarding customer personal information and the bank’s best interests.
• Meet with potential customers to understand their financial needs and present the most suitable mortgage products.
• Oversee the customer experience throughout the entire loan process—from origination and analysis to loan closing.
• Stay informed of, and adhere to, lending standards, related legal requirements, and all bank policies, regulatory, and legal mandates.

Supervisory Responsibilities

This role has no supervisory duties.

Qualifications

• Education/Certification: High school graduate or equivalent; advanced degree preferred. NMLS certified.
• Required Knowledge: Knowledge of bank consumer mortgage lending policies, procedures, and guidelines; understanding of financial analysis and credit‑worthiness determination.
• Experience Required: 3–5 years of prior mortgage banking experience, including working knowledge of FNMA/FHLMC, FHA, and VA.
• Skills/Abilities: Excellent communication and public‑relations skills; financial analytical skills; solid interviewing skills; proficiency with related computer applications and business machines.

Physical Activities and Requirements

• Hearing: Able to hear average or normal conversations and receive ordinary information.
• Repetitive Motion: Frequent use of wrists, hands, and/or fingers.
• Visual: Average visual acuity necessary to prepare or inspect documents or operate machinery.
• Driving and Mobility: Must hold a valid driver’s license, maintain required automobile insurance, and follow cell‑phone use standards as described in the employee handbook.
• Physical Strength: Ability to withstand moderate physical activity (standing, walking, reaching, driving); sit for extended periods; lift or move up to 25 lb occasionally; maintain attention and concentration for extended periods.

Working Conditions

None; no hazardous or significantly unpleasant conditions (typical office environment).

Reasoning Ability

• Ability to deal with a variety of variables under limited standardization and interpret various instructions.
• Mathematics Ability: Compute interest, payments, profit and loss, financial ratios, percentages, cash flow, and debt service; perform very simple algebra.
• Language Ability: Read a variety of texts; prepare memos, internal loan applications, reports, and essays with proper punctuation, spelling, and grammar; communicate distinctly with appropriate pauses, pronunciation, and correct verb tenses.

Schedule

Monday – Friday, 8:00 am to 5:00 pm.