Residential Mortgage Loan Officer

Key Accountabilities

• Solicit customers by developing relationships with Realtors, builders, lawyers, accountants, and business owners to ensure a continuous reference source for mortgages and loans.
• Conduct meetings and/or seminars to cultivate relationships.
• Demonstrate ability to meet loan production goals; maintain thorough knowledge of all mortgage real estate loan criteria, documentation and requirements, and all relevant industry regulations.
• Maintain high level of customer service by clearly communicating terms of loan options available, providing follow-up, and being available to answer questions.
• Compile and analyze data for residential real estate loan requests and evaluate loan applications and documentation for credit worthiness.
• Prepare residential loan packages in accordance with Bank standards. Accountable for the quality and delivery of a well-documented file with a timely application submission.
• Outline loan terms and conditions, and inform the borrower of loan commitments.
• Effectively utilize pipeline management to track and effectively manage loans on a daily basis.
• Maintain a database of past clients for future marketing opportunities.
• Keep management apprised of competitive products, pricing and marketing activities.
• Distribute market data and general loan information to the real estate community as directed by Bank management.
• Participate in and promote the Bank's networking, CRA programs, and community involvement activities.
• Stay informed of trends and developments in the local real estate market.
• Maintain current knowledge and consistent compliance with regulations, bank policies and procedures related to the position, including but not limited to Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) requirements.

Qualifications

• Bachelor's degree in Business or related field.
• Previous experience in mortgage banking preferred.
• Familiarity with lending practices, regulatory environment, and banking products and services.
• Strong written and verbal communication skills required.
• Proficient in Microsoft Word, Excel, and PowerPoint.
• Ability to multitask and work independently in a deadline-driven environment.