Bank Mortgage Loan Officer

Mmbba; Council Bluffs (IA); On-site; USD 55,000 - 80,000; Full time

Benefits offered by this job

Medical Insurance

Dental Vision

Health Savings Account (HSA)

Life Insurance

401K and ESOP

Short & Long Term Disability Insurance

FSA & Dependent Care

Tuition Assistance & Discounts

Employee Assistance Program (EAP)

Job summary

Availa Bank in Council Bluffs, IA seeks a Mortgage Loan Officer to originate, underwrite, and close residential loans in compliance with policy and regulations. You will manage the full loan lifecycle and contribute to community outreach.

Responsibilities include analyzing applications, maintaining credit quality, and cultivating relationships with agents and customers to grow loan origination and fee income.

Qualifications

• Typing fast with accuracy and attention to detail.
• Solid knowledge of loan policies including Fannie Mae.
• Understanding mortgage lending principles and regulations.
• Strong math skills for calculations and analyses.
• Excellent oral and written communication abilities.
• Ability to manage time effectively in a fast-paced environment.
• Proficiency in Word, Excel, PowerPoint and Outlook.
• Leader in community projects and bank promotions.

Responsibilities

• Originate all loan applications within customer service and regulatory timeframes.
• Analyze credit applications and propose mortgage solutions to meet needs.
• Maintain loan quality with complete documentation and regulatory compliance.
• Build relationships with customers, agents, attorneys, and builders to promote bank services.
• Adhere to all lending laws, policies, and procedures.
• Assist customers through complex issues and collections as needed.
• Monitor real estate market trends, rates, and regulatory changes.

Skills

Typing speed

Loan policies

Mortgage lending

Mathematical skills

Communication skills

Time management

MS Office

Community leadership

Education

Bachelor's in business or equivalent

Tools

Microsoft Office

Adobe PDF

Job description

Availa Bank

EEO Employer

Availa Bank believes our people make a difference, and we recognize that individual differences and experiences strengthen our teams. Each member of our team is empowered to inspire and enable our clients and the communities we serve to achieve financial success.

BANK MORTGAGE LOAN OFFICER POSITION SUMMARY

The primary responsibilities of this position are to generate, negotiate, underwrite, and coordinate the origination and closing of mortgage loans in compliance with the bank's lending policies and procedures. Within the portfolio managed, the Loan Officer will be responsible for credit decisions (within authority guidelines), overall credit quality, and fee income.

BENEFITS

Availa Bank offers a rich selection of benefits you can personalize to support you and your family's needs. Benefits may include:

• Medical, Dental & Vision Plans
• Option for Health Savings Account (HSA)
• Life Insurance (Company paid for employee)
• 401K and Employee Stock Ownership Plan (ESOP)
• Company Paid Short & Long Term Disability Insurance
• Flexible Spending Account (FSA) & Dependent Care
• Eligibility for Tuition Assistance and Discounts
• Employee Assistance Program (EAP)

BANK MORTGAGE LOAN OFFICER ESSENTIAL DUTIES AND ACCOUNTABILITIES

1. Originates all loan applications within an acceptable customer service and regulatory timeframe
2. Analyze credit applications and propose appropriate mortgage solutions/products to meet customer financial needs
3. Maintain loan quality by striving for low incidence of incomplete documentation or regulatory violation
4. Help the bank attract new customers and deepen relationships with existing customers through active involvement in the community and through participation in the bank's customer service and sales efforts
5. Adheres to bank policy, procedures, and all lending laws and regulations
6. Work with customers through difficult/complicated issues that may arise
7. Handle collections on delinquent loans; monitor the quality of existing loans
8. Maintains knowledge of trends and developments in the local real estate market; current and predicted lending rates; and changes in rules, regulations, and best practices of various mortgages
9. Develops and maintains contacts with local real estate agents, attorneys, developers, and builders to promote and encourage the use of bank services for residential mortgages
10. Makes recommendations for new loan products and services
11. Site visits may be applicable for construction, real estate purchase, or refinance originations
12. Refer additional bank services and products

Requirements

BANK MORTGAGE LOAN OFFICER ROLE QUALIFICATIONS

Education

• Bachelor's in business or equivalent experience

Experience

• Minimum 1 year Mortgage Lending experience preferred

Other Skills and Abilities

• Demonstrated proficiency in typing with speed and accuracy; basic keyboarding skills are required
• Sound knowledge of loan policies and procedures, including Fannie Mae
• Strong background, or an ability to learn, mortgage lending principles and programs, technicalities, and compliance
• Strong math skills; add, subtract, multiply, and divide in all units of measure
• Exceptional oral, written, and interpersonal communication skills with the ability to apply commonly understood knowledge to carry out instructions and instruct others, understand procedures, and write reports and correspondence
• Exceptional organizational and time management skills; ability to function well in a fast-paced environment
• Proficient Microsoft Office skills (to include Word, Excel, PowerPoint, and Outlook) and Adobe PDF
• Assumes a leadership role in community projects and activities
• Accepts a leadership role within the bank and participates in bank promotions and activities

PM21

PI287957991