Community Development Mortgage Loan Officer- St. Paul

CorTrust Bank; Woodbury (MN); Sur place; USD 60 000 - 70 000; Plein temps

Avantages offerts par ce poste

401k

Employee Stock Ownership Plan

Insurance

Paid time off

Service awards

Community service opportunities

Stable work environment

Résumé du poste

CorTrust Bank in Woodbury, MN, seeks a Community Development Mortgage Loan Officer to grow relationships, pre-qualify borrowers, and coordinate with housing authorities. This role supports underwriting and closing prep while engaging with communities across the Minneapolis/St. Paul region.

The position offers a stable base salary with a comprehensive benefits package including 401k, ESOP, insurance, paid time off, service awards, and community service opportunities.

Qualifications

• Mortgage lending background preferred; training provided for the right candidate.
• Minimum of 1 year in financial services, banking, or mortgage industry experience.
• Experience and connections with local housing programs and agencies.
• Ability to perform primary responsibilities with minimal oversight.
• Adapt easily to system, process, product, and service changes.
• Ability to reason, problem solve, and think critically.
• Demonstrates integrity, diplomacy, and respect.
• Knowledge of mortgage banking laws and regulations.
• Understand and abide by CorTrust policies and applicable federal regulations.

Responsabilités

• Advocates in the community to deepen relationships and market loan products.
• Reviews borrower requests and issues pre-qualification letters.
• Reviews loan applications and explains lending parameters and terms.
• Partners with housing authorities to help applicants navigate programs and assistance.
• Works with borrowers to secure information for underwriting and conducts site visits as needed.
• Prepares and reviews loan packages per underwriting policies and presents for approval.
• Reviews documents, title, appraisal, and survey prior to closing.
• Coordinates with borrowers, title company, and realtor to meet funding conditions.
• Identifies other banking or insurance needs and refers borrowers to bank partners.
• Other duties as assigned.

Connaissances

Mortgage lending background

Housing program connections

Regulatory knowledge

Problem solving

Customer relationship building

Description du poste

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Community Development Mortgage Loan Officer- St. Paul

Woodbury, Woodbury, MN, US

3 days ago Requisition ID: 1444

Salary Range: $60,000.00 To $70,000.00 Annually

CORTRUST BANK
The mission of this bank is to profitably deliver high quality customer service that meets the financial needs of our community, its businesses, and its citizens. No line of financial services is beyond our charter.

CorTrust Bank is seeking a Mortgage Loan Originator to serve our communities in the Minneapolis/St. Paul region!

As a Mortgage Loan Originator, you will work closely with local housing authorities and financial literacy programs to ensure applicants are fully educated on loan and assistance programs in their area. You will advocate in the community and build relationships with clients. You will solicit and pre-qualify loan applications, prepare credit application packages, and present requests to underwriting for approval. You will review loan documents and prepare them for closing.

This unique opportunity allows for a regular, generous base salary in lieu of a typical commission structure. Additionally, we're proud to offer a compensation package that includes a 401k, Employee Stock Ownership Plan, insurance, paid time off, service awards, community service opportunities, and most importantly a stable and secure work environment.

Daily duties for this position:

• Advocates in the community to deepen relationships and market the institution’s loan products.
• Reviews borrower requests for pre-qualification and issues pre-qualification letters to customers.
• Reviews loan applications and effectively communicates with potential borrowers to explain lending parameters and identify which loan programs and terms best fit each customer and situation.
• Partners with local housing authorities and financial literacy programs to help prospective applicants navigate housing programs, locate downpayment and closing cost assistance, available grants, and more.
• Works with borrowers to secure necessary information for loan underwriting and conducts site visits as needed.
• Prepares and reviews loan application packages according to underwriting policies and presents financial analysis to underwriting for approval.
• Reviews loan documents, title, appraisal, and survey prior to closing to ensure accuracy.
• Collaborates with borrowers, title company, and realtor to confirm conditions of funding are met prior to closing and coordinate timing of loan funding.
• Identifies additional unfilled banking or insurance needs and refers borrowers to Bank partners.
• Other duties, responsibilities, and activities may be assigned or changed at any time.

Required skills & abilities:

• Mortgage lending background preferred but additional training will be provided for the right candidate.
• Minimum of 1 year of financial services, banking, or mortgage industry experience is required.
• Experience and connections with local housing programs and agencies is preferred.
• Ability to perform primary responsibilities of position with minimal oversight.
• Adapts easily to system, process, product, and service changes.
• Ability to reason, problem solve, and think critically.
• Demonstrates a high level of integrity, personal diplomacy, and respect.
• Knowledge of federal and state laws and regulations pertaining to the mortgage banking industry.
• Ability to understand and abide by all CorTrust policies, procedures, and applicable federal regulations.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.