Mortgage Loan Officer

The Mortgage Loan Officer originates residential mortgage loans, develops referral relationships, and generates residential mortgages through sales efforts. Responsibilities include meeting with customers, analyzing information, recommending loan products, and communicating with creditors.

Requirements

• Meet with customer or prospective customer to identify client needs and to sell mortgage loan programs
• Interview applicants and requests specified information for loan applications
• Analyze information provided by the customer and identifies customer needs and recommends the appropriate Bank product offerings and options
• Advise customers on the risks and benefits of an assortment of mortgage loan options
• Communicate with or interviews applicants or creditors to resolve questions regarding application information
• Remain primary contact with borrower during application to closing process
• Analyze potential loan markets to develop prospects for loans
• Develop new business from multiple sources while retaining existing business
• Develop and maintain working relationships with realtors, builders and other strategic referral partners
• Responsible for knowing underwriting guidelines and scenarios for conventions, FHA/VA, and subprime mortgages
• Cross sell other Bank products to clients as the opportunity arises
• Maintains thorough knowledge of pricing and underwriting requirements
• Submits complete loan packages for processing and final underwriting approval
• Maintains the ability to pre-qualify clients at initial meeting
• Based on the location within a market, may be required to promote/discuss consumer lending products with customers within compliance of the Safe Act guidelines and United procedures
• Based on the location within a market, will be responsible for maintaining an active NMLS license by completing all training and annual renewal requirements as required

Benefits

• A list of benefits for which this position is eligible, but not specified in the text