Residential Lender

About the role

The Residential Lender is responsible for generating residential mortgage loans through solicitation of individual borrowers, realtors, builders, developers, colleagues and networking groups. They maintain and grow relationships with existing clients and acquire new relationships. They originate, close, and maintain secured and secondary market real estate loans. They receive and evaluate mortgage loan applications, provide preliminary mortgage loan approvals, communicate mortgage loan decisions, and assure necessary closing supporting documents are prepared and processed. They direct and participate in the closing of approved mortgage loan agreements. They monitor market conditions, observe competitor and economic factors, and other data that may affect loan portfolio. They assist in the development of marketing plans and programs to increase awareness of the bank’s products and services. They maintain current knowledge on mortgage products, underwriting guidelines and industry regulations. They comply with all company or regulatory policies, procedures and requirements that are applicable to this position. They foster and preserve a culture of inclusion.

Responsibilities

• Maintain and grow relationships with existing clients and acquire new relationships.
• Originate, close, and maintain secured and secondary market real estate loans.
• Receive and evaluate mortgage loan applications.
• Provide preliminary mortgage loan approvals.
• Communicate mortgage loan decisions, including rationale, and assure necessary closing supporting documents are prepared and processed.
• Direct and participate in the closing of approved mortgage loan agreements.
• Monitor market conditions; observe competitor and economic factors, and other data that may affect loan portfolio.
• Aid in the development of marketing plans and programs to increase awareness of the bank’s products and services.
• Maintain current knowledge on mortgage products, underwriting guidelines and industry regulations.
• Comply with all company or regulatory policies, procedures and requirements that are applicable to this position.
• Foster and preserve a culture of inclusion.

Qualifications

• High school diploma or equivalent required.
• Bachelor’s degree in business or related field; or equivalent combination of education and experience preferred.
• Minimum three years of experience in sales or client service; financial services industry experience desired.
• Experience in construction or other TRID loans is desirable but not required.
• Experience with using Finastra product suite (Decision Pro, Laser Pro) is desirable, but not required.
• Capability to work and collaborate with a variety of individuals and groups in a constructive and professional manner.
• Demonstrated knowledge of lending procedures and regulatory compliance requirements.
• Excellent organizational skills with the ability to organize and manage a variety of projects and tasks.
• Capability to manage sensitive information and uphold confidentiality.
• Capability to utilize various banking software and Microsoft 365 products, with a high level of accuracy and attention to detail.
• Strong verbal, written and interpersonal communication skills.

Skills

• Mortgage Loan Origination
• Client Relationship Management
• Underwriting Guidelines
• Regulatory Compliance
• Financial Analysis
• Sales
• Loan Processing
• Networking
• Microsoft 365
• Finastra Decision Pro
• Finastra Laser Pro
• TRID Loans
• Communication Skills
• Organizational Skills
• Confidentiality Management
• Mortgage Lending Industry
• Financial Services