VA Mortgage Loan Officer

Duties And Responsibilities

• Proactively solicits new residential mortgage business and identifies, develops and maintains a quality network of business relationships.
• Maintains thorough knowledge of lending programs, policies, procedures and regulatory requirements, complying with all federal and state compliance policies and adhering to HMDA requirements.
• Assists clients in determining the proper loan program with a focus on VA Lending.
• Completes mortgage applications for submission to loan processing and underwriting.
• Establishes a detailed marketing/business plan which includes names of potential and existing loan customers, realtors, builders and developers; includes frequency of contact in the plan.
• Promotes and cross-sells other products and services as appropriate to client requirements.
• Conducts networking activities such as community events, attends local Chambers of Commerce meetings, develops relationships with centers of influence, and entertains clients/prospects to enhance relationships and create new sales.
• Evaluates loan requests, analyzes financial data and determines qualification of collateral and client credit history.
• Structures loans to comply with acceptable lending practices and federal and state regulations.
• Maintains contact with client throughout the loan process.
• Ensures compliance with all compliance regulations and policies that are applicable to this position.

Qualifications

• High school diploma or equivalent; bachelor’s degree preferred.
• Two (2) years of mortgage lending experience with proven mortgage production.
• Previous experience using automated underwriting technology preferred.
• Basic knowledge of bank operations and products.
• VA / FHA experience required.
• Knowledge of federal and state regulations regarding lending and related consumer disclosure requirements.
• Excellent knowledge of agency guidelines.
• Effective oral, written and interpersonal communication skills with the ability to carry out instructions, understand procedures and write correspondence.
• Proficient in Microsoft Outlook, Word and Excel.
• Excellent customer service and time management skills.
• Ability to multitask, as shown in previous experience as a processor completing tasks under time constraints.
• Good organizational skills and ability to develop basic understanding of underwriting guidelines.
• Good data entry/keyboarding and math skills.