Job Description
We are looking for a Loan Officer to take customer mortgage applications, review them for creditworthiness and package documents for underwriting review. You will act as liaison between customers and our Underwriting staff and you will help qualified applicants close their loans in a timely manner.
RESPONSIBILITIES
- Evaluate credit worthiness by processing loan applications and documentation within specified limits
- Interview applicants to determine financial eligibility and feasibility of granting loans
- Determine all applicable ratios and metrics and set up debt payment plans
- Communicate with clients either to request or to provide information
- Justify decisions (approvals/rejections) and report on them
- Complete loan contracts and counsel clients on policies and restrictions
- Update job knowledge on types of loans and other financial services
- Maintain and update account records
- Assess customer needs, explore all options and introduce different types of loans
- Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas
- Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the underwriting process
- Οperate in compliance with laws and regulations and adhere to lending compliance guidelines
REQUIREMENTS AND SKILLS
- Proven working experience as a Loan Officer
- Familiarity with computers and mortgage applications/software
- Solid understanding of direct/indirect lending products and practices
- Excellent communication and interpersonal skills
- Customer satisfaction orientation and sales competencies
- Ability to work in a goal oriented environment
Company Description
We are a Direct Endorsed Mortgage Banker that Underwrites and funds all of its own loans. We are licensed in 10 states and have multiple branch locations. We offer multiple compensation plans to fit our Loan Officers needs. Using an Industry standard pricing engine allows us to provide the best rates available to our Customers.