• Mortgage Loan Officer

    Posted: 07/14/2020

    *Based out of Crown Point, IN

    Department hours are Monday-Friday from 8:00-5:00, but having the ability to adjust your schedule to meet client needs is important for this role.

     

    Summary:
    Responsible for soliciting referral sources to get mortgage loans, providing information during inquiries, and ultimately, if appropriate, inviting the client to make a mortgage loan application. When making a mortgage loan application this position interviews mortgage loan applicants in a friendly and efficient manner by securing an application and all supporting documents for submission to loan processing.

     

    Essential Duties and Responsibilities:

    • Responsible for making sales calls on realtors, builders, and other pertinent parties for the purpose of soliciting mortgage loans, developing banking relationships, and cross-selling services. (Outside Loan Originators only).
    • Interview loan applicants to document income, debt, credit history, employment, and general information. Request and review documents such as income tax returns, W-2’s, purchase agreements, legal descriptions, forms for verification, and all other documents necessary to properly process an application.
    • Determine if applicants meet established standards or what additional information might be necessary for further consideration.
    • Ability to analyze financial information, including but not limited to tax returns.
    • Inform applicants of all costs and closing fees associated with the loan request.
    • Submit completed loan applications and all supporting documents to loan processing to begin processing of the loan.
    • Call applicants to resolve discrepancies such as derogatory credit, unlisted debt or any other issue.
    • Inform loan applicants of loan approval or denial.
    • Participate in all scheduled meetings deemed necessary by management.
    • Communicate open and honestly with all bank associate’s including management and with clients and potential clients.
    • Meet production goals on a monthly basis.
    • Attend loan closings.
    • Understand and adhere to all bank and government regulations, rules, policies, and procedures including, but not limited to operations and compliance.

     

    Other Duties and Responsibilities:

    • Represent the bank in community activities including business, charitable, civic, and social to develop and maintain client contact and referral relationships.
    • Engage in personal development activities such as BAI courses and internal/external training to assist in growing in career.

     

    Knowledge, Skills, and Abilities:

    • Computer knowledge in a Windows environment and working with a mouse. Basic computer knowledge in Microsoft Word and Excel.
    • Ability to review and understand a variety of resources and information including financial related information.
    • Proofread and verify written materials.
    • Read and process written and numerical information.
    • Operate a computer keyboard and adding machine.
    • Read alpha and numeric information on a computer monitor screen.
    • Ability to work independently and in a team environment.

     

    Minimum Qualifications:

    • Bachelor’s degree in a business related field.
    • 3 years commissioned lending experience.