Mortgage Loan Officer- Sioux Falls (Full Time)

CORTRUST BANK’s mission is to profitably deliver high-quality customer service that meets the financial needs of our community, its businesses, and its citizens. No line of financial services is beyond our charter.

About the role

CorTrust Mortgage has an exciting opportunity to join our team as a Mortgage Loan Originator in Sioux Falls, SD. When you join one of the region’s leading community banks, you can expect a family atmosphere committed to building outstanding teams. We believe in the overall well-being of our employees and work hard to provide the best opportunities for growth.

CorTrust Mortgage Inc. is a wholly owned subsidiary of CorTrust Bank N.A., serving 37 communities in South Dakota and Minnesota. CorTrust Mortgage has a direct relationship with Fannie Mae and Freddie Mac. We service the vast majority of all conventional loans we originate. We also have access to a wide variety of mortgage products including but not limited to: FHA, VA, Conventional, RD, Minnesota Housing Finance Authority, and South Dakota Housing Finance Authority products.

Responsibilities

• Advocate in the community to deepen relationships and market the institution’s loan products.
• Screen borrower requests from potential applicants, review applications for pre-qualification, and issue prequalification letters to customers.
• Review loan applications and effectively communicate with potential borrowers to explain lending parameters and identify which loan programs and terms best fit each customer and situation.
• Work with borrowers to secure necessary information for loan underwriting and conduct site visits as needed.
• Prepare and review loan application packages according to underwriting policies and present financial analysis to underwriting for approval.
• Review loan documents, title, appraisal, and survey prior to closing to ensure accuracy.
• Collaborate with borrowers, title company, and realtor to confirm conditions of funding are met prior to closing and coordinate timing of loan funding.
• Identify additional unfilled banking or insurance needs and refer borrowers to Bank partners.
• Perform other duties, responsibilities, and activities as assigned or changed at any time.

Requirements

• Minimum two years’ experience in a mortgage lending or financial services environment.
• Mortgage banking background preferred with a proven track record of success.
• Ability to adapt easily to system, process, product, and service changes.
• Advocate for CorTrust in the community, customer experience, and co-worker relationships.
• Strong reasoning, problem-solving, and critical-thinking skills.
• Strong analytic, time management, and organizational skills with a high level of attention to detail.
• Effective written and verbal communication skills with the ability to make presentations and educate borrowers on loan products and processes.
• High level of integrity, personal diplomacy, and respect.
• Knowledge of federal and state laws and regulations pertaining to the mortgage banking industry.
• Ability to work cooperatively and constructively with a wide variety of people, cross-functional teams, community-based organizations, title companies, and referral partners.

Benefits

• 401k plan
• Insurance
• Paid time off
• Service awards
• Community service opportunities