Consumer Direct Loan Originator

Central Bank; Missouri; Remote; USD 40,000 - 65,000; Full time

Job summary

Central Bank is seeking a Mortgage Loan Officer to originate real estate loans in line with federal guidelines and established lending objectives, policies and procedures. You will interview applicants, collect credit documentation, analyze financials, and determine feasibility of loans while maintaining strong relationships with customers and referral sources such as realtors and attorneys.

This role emphasizes timely processing, collaboration with the loan processor, and ensuring compliant,

Responsibilities

• Originate real estate loans in accordance with Federal guidelines and established lending objectives, policies and procedures.
• Establish and maintain positive relationships with existing and potential customers.
• Contact bank provided leads and promote/develop relationships with referral sources to generate mortgage leads.
• Interview applicants and request credit documentation for loan application.
• Analyze applicant's financial status, credit and property transaction feasibility.
• Compile upfront compliance information and meet timeline requirements.
• Submit loan packages to processors for timely handling.
• Work with loan processor to ensure timely, efficient loan handling per policies.
• Inform applicants of approval, denial or outstanding conditions.
• Lock in loan terms per company procedures.
• Provide excellent customer service and resolve customer problems quickly.
• Maintain market awareness and contribute to product enhancements based on housing data and trends.
• Maintain knowledge of products, services, laws and internal policies.
• Establish relationships with Realtors, business partners and other sources.
• Support and cultivate bank referrals and relationships.
• Communicate with mortgage operations staff and others in a professional manner.
• Perform other duties as assigned.
• NOTE: Position can work remote with possible hybrid schedule required in the future.

Job description

• Originate real estate loans in accordance with Federal guidelines and established lending objectives, policies and procedures.
• Establish and maintain positive relationships with existing and potential customers.
• Contact bank provided leads within a timely manner and as directed by supervisor, and also promotes and develops relationships with referral sources such as realtors, builders, attorneys, and other affinity groups to generate additional mortgage leads.
• Interview applicants and request appropriate credit documentation and specified information for loan application.
• Analyze applicant's financial status, credit and proposed property transaction to determine feasibility of granting loan.
• Compile upfront compliance information and assure timeline requirements are met.
• Answer applicant questions. Correspond with applicant to resolve questions regarding application information.
• Match applicant's needs and qualifications with potential loan programs. Ensure loan meets selected program guidelines.
• Submit loan package to Processor for processing in a timely manner.
• Work closely with loan processor to assure loan is handled in a timely and efficient manner in accordance with company policies and guidelines.
• Inform applicants of loan approval, denial or outstanding conditions.
• Handle correspondence with applicant in regards to locking of loan and handles actual locking process in accordance with current company procedures and requirements.
• Provide excellent customer service and solves customer related problems quickly.
• Maintain and enhance market awareness including economic information, housing data and competitive trends; based on this information, helps develop programs or recommends product enhancement to address customer needs.
• Maintain and enhance personal knowledge of products and services as well as the laws, regulations and internal policies and procedures appropriate to the position.
• Establish and maintain positive working relationships with Realtors, Business Partners and any other potential business sources.
• Support and cultivate bank referrals and relationships.
• Communicate with all mortgage operations staff, along with others in the bank, by always projecting a positive, professional image.
• Perform other duties when assigned.

NOTE: Position can work remote with possible hybrid schedule required in the future