Mortgage Loan Officer

Job Summary

The Mortgage Loan Officer is responsible for originating high-quality residential mortgage loans to help meet production goals, drive business growth, and contribute to the overall performance of the loan portfolio. This position involves providing exceptional service to both new and existing customers, addressing their residential mortgage needs, and presenting approvable loan packages in line with regulatory guidelines. The Mortgage Loan Officer will also mentor entry-level Residential Lenders.

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Essential Duties & Responsibilities:

Interview loan applicants to assist in completing mortgage loan applications, including explaining the mortgage process and disclosures.
Guide applicants through the process of applying for CRA loans (with or without Affordable Housing Programs), providing clear explanations of the process and required disclosures.
Collect and verify all required documentation for loan approval, ensuring compliance with guidelines and regulatory requirements.
Collaborate with loan processors and underwriters to efficiently complete and obtain decisions on mortgage requests.
Ensure each residential mortgage application is processed accurately, timely, and completely by partnering with the loan processor.
Obtain any additional documentation needed by processors, underwriters, or closers, resolving any missing information or exception processing issues.
Monitor the progress of transactions, keeping borrowers informed and ensuring full compliance with regulations.
Assist in scheduling closings by coordinating with clients, processors, title companies, and closing coordinators.
Input applications into the origination system and deliver early disclosures to residential customers.
Collaborate with realtors, accountants, and closing agents to develop new business opportunities, obtain required documentation, and close transactions.
Partner with mortgage loan processors, underwriting, doc prep, closing, and operations teams to deliver excellent customer service and high-quality originations.
Participate in community functions to support the bank’s CRA lending efforts and contribute to affordable housing programs.
Identify and report any current or potential risks to earnings or capital related to violations of laws, regulations, internal policies, or ethical standards to immediate supervisor.

Minimum Requirements:

High School Diploma or GED required; Associate’s Degree or higher preferred.
Applicant must be NMLS registered and provide the company with their NMLS number or be willing to register before employment is offered.
FBI criminal background and credit check must be successfully passed prior to a job offer being made.
A minimum of 3 years of prior Residential Loan Officer experience in the local market, with a preference for experience in non-government loans.

Mortgage Loan Officer

Job Summary

Essential Duties & Responsibilities:

Minimum Requirements:

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