Role

Originates first and second mortgages, loan assumptions and endorsements. Solicits new mortgage business, maintains good outside working relationships, and promotes the organizations products and services. Spends a significant amount of time doing inside sales activities.

Major Duties and Responsibilities

• 20% Determine financing objectives and goals. Conducts the loan interview and secures the member information necessary to initiate a loan transaction. Provides loan information and service to members, potential members, realtors, and others as needed.
• 20% Receives and screens loan applications. Pulls, review and analyzes credit. Gathers financial data. Notifies client to resolve discrepancies such as late payment history, judgments, etc. Discusses options. Informs client of closing costs such as appraisals, and attorney fees.
• 15% Prepares records and reports as requested regarding loan origination and closing activities as needed.
• 15% Collects supporting loan documentation. Requests a personal employment and credit check of the applicant, requests an appraisal on the property and/or construction plans under consideration.
• 15% Maintain constant communication with clients via email, phone and mail form application to closing and post-closing. Communicate with attorneys, realtors, appraisers and vendors pertaining to specific client needs.
• 5% Maintains contacts and good working relationships with real estate brokers, attorneys, and builders to assure a favorable image of the organization and to provide information regarding current loan policies and procedures.
• 5% Receives inquiries from prospective members regarding all types of mortgage and construction loans, provides requested information regarding the organizations lending policies and procedures.
• 5% Offers loan member products.
• Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

Knowledge and Skills

EDUCATION/CERTIFICATIONS/LICENSES

Incumbents are required to maintain their registration active, and current, with the National Mortgage

Licensing System throughout their employment.

OTHER SKILLS

Knowledge of Fannie Mae and Freddie Mac guidelines is required. Bi-lingual skills are a plus.