Mortgage Loan Officer (Richmond & Hampton Roads, VA)

Position Accountabilities

• Completes telephone, mail-away and face-to-face Loan Applications with clients and approves loan disclosures for distribution to clients.
• All required fields in the application to be completed including all third-party information prior to approval.
• Determines proper program placement of a loan file (i.e. FHA, VA, Conventional, USDA, etc.).
• Prices loans and locks rates as per Company policy.
• Reviews returned applications and documentation for completeness, accuracy, and compliance.
• Runs AUS and reviews for findings and required documentation.
• Prepares requested Pre-Qualifications as per Company policy.
• Orders credit reports, appraisals and title requests.
• Conducts regular follow-ups with clients and referral sources.
• Maintains regular communication with applicants throughout the processing period, assisting them with any questions and notifying them of any additional information required.
• SUBMIT LOAN FILE ALLOWING FOR STATED TURN TIMES AND WORKS IN CONJUNCTION WITH ASSIGNED PROCESSOR.
• Maintains pipeline of all loans in process, tracks their progress and meets all contractual deadlines.
• AIDES ALL PARTIES INCLUDING THE PROCESSOR DURING THE ENTIRE PROCESS.
• MEETS OR EXCEEDS MINIMUM PRODUCTION REQUIREMENTS.
• ATTENDS ALL SETTLEMENTS TO GAIN EXPOSURE TO THE FULL LOAN LIFE CYCLE.
• COMPLETES ANNUAL BUSINESS PLAN AND MEETS REGULARLY WITH SALES MANAGER.
• STAYS INFORMED OF LOCAL MARKET TRENDS AND MORTGAGE REGULATIONS.

Position Qualifications

• Education & Experience: 0-2 years of mortgage or financial services experience preferred, or industry equivalent if Sales Manager deems history acceptable. NMLS registration required.
• Knowledge & Skills: Strong communication and interpersonal skills with the willingness to learn mortgage products and underwriting guidelines. Self-motivated with a desire to grow and ability to work in a team-oriented, fast-paced environment.