External Mortgage Loan Officer

SAN-Francisco-Federal-Credit-Unio; San Francisco (CA); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Health insurance

Generous PTO

401(k) Plan with profit sharing

Bi-annual bonuses

Tuition reimbursement

Job summary

San Francisco Federal Credit Union in San Francisco seeks an External Mortgage Loan Officer to originate residential mortgage loans and HELOCs, guiding members from application to closing and delivering exceptional service.

You will develop relationships with real estate agents, stay current on rates and policies, ensure compliance, and collaborate with underwriting, processing, and closing to keep loans on schedule while growing the mortgage portfolio.

Qualifications

• Minimum of three years in residential mortgage lending or financial services.
• Active NMLS registration and licensure in good standing.
• Knowledge of Reg Z, Reg B, ECOA, FACTA, RESPA, SCRA.
• Excellent verbal and written communication skills.
• Ability to work independently in a fast-paced environment.
• Strong interpersonal and public relations skills.
• Proficiency in loan origination systems and Microsoft Office Suite.
• Bachelor's degree in business, finance, or related field preferred; equivalent experience considered.

Responsibilities

• Originate mortgage loans and HELOCs to meet production goals.
• Develop relationships with real estate agents, builders, and referral sources.
• Prospect for new business through networking and community events.
• Guide members through the mortgage process from application to closing.
• Ensure compliance with federal, state, and local regulations and lending policies.
• Collaborate with underwriting, processing, and closing to fulfill loan needs.
• Maintain an active pipeline and manage loan files to deadlines.
• Promote mortgage services at community and industry events.

Skills

Mortgage lending

Relationship building

Reg Z knowledge

Regulatory knowledge

Education

Bachelor's degree in business or finance

Tools

Encompass

Keystone

Core banking platforms

Job description

Who Are We?With an “A” health rating and solid year-over-year growth, San Francisco Federal Credit Union’s (SFFedCU) membership is now over 43,000 with assets surpassing $1.3 billion and branches located in San Francisco and San Mateo County. Continuing along it highly successful growth trajectory, SFFedCU is seeking an External Mortgage Loan Officer for our Golden Gate Branch in San Francisco.Role OverviewThe External Mortgage Loan Officer is responsible for originating residential mortgage loans, home equity lines of credit (HELOCs), and home equity loans while delivering exceptional service to members. As part of the Real Estate Production team, this role focuses on building relationships, generating loan applications, and guiding members through the mortgage process from application to closing. The Loan Officer ensures compliance with all regulatory requirements and contributes to the growth of the Credit Union’s mortgage lending portfolio.Key ResponsibilitiesOriginate mortgage loans and HELOCs to meet individual production goals and contribute to overall team targets.Develop and maintain relationships with real estate agents, builders, and other referral sources to generate leads.Actively prospect for new business through networking events and community engagement.Provide expert guidance to members throughout the mortgage application and closing process, ensuring a smooth and positive experience.Maintain thorough knowledge of mortgage products, rates, and lending policies to recommend appropriate solutions to members.Ensure compliance with all federal, state, and local regulations governing mortgage lending activities.Collaborate with internal departments including underwriting, processing, and closing to ensure timely and accurate loan fulfillment.Maintain an active pipeline and manage loan files to meet deadlines and servicestandards.Participate in community and industry events to promote the Credit Union’s mortgage services and build brand awareness.Stay informed on market trends, competitor offerings, and regulatory changes affectingmortgage lending.Uphold service level standards and contribute to performance metrics such as loan production, conversion rates, and member satisfaction.Who Are You?Required QualificationsMinimum of three (3) years of experience in residential mortgage lending or financial services.Proven track record of successful mortgage loan origination and relationship building.Active NMLS registration required, with strict adherence to all applicable regulatory and licensing requirements. This role requires the individual to maintain licensure in good standing and to proactively secure, transfer, or assign all necessary licenses to San Francisco Federal Credit Union to support business activities in required markets.Strong knowledge of mortgage lending regulations including Reg Z, Reg B, ECOA, FACTA,RESPA, and SCRA.Excellent verbal and written communication skills.Ability to work independently in a fast-paced, results-driven environment.Strong interpersonal and public relations skills with a professional demeanor.Proficiency in loan origination systems and Microsoft Office Suite.Bachelor’s degree in business, finance, or related field preferred; equivalent experience considered.Preferred QualificationsExperience in financial services, credit union, or regulated environmentFamiliarity with systems such as Encompass, Keystone, and core banking platformsCustomer-focused mindset and service orientationWhy You’ll Love It HereYou’ll work alongside a passionate team in a mission-driven organization, get exposure to executive decision-making, and grow your skills across a broad range of functions. No two days will be the same—and that’s exactly how you like it.The compensation package includes an excellent benefits program including health insurance plans, generous PTO, 401(k) Plan, profit sharing, competitive base, bi-annual bonuses, as well as tuition reimbursement.SFFedCU is an Equal Employment Opportunity Employer. In accordance with federal and state laws, SFFedCU does not discriminate in employment because of race, color, religion, sex, national origin, age, physical and mental disability, marital status, pregnancy, childbirth, breastfeeding or related condition, ancestry, medical condition (associated with cancer, a history cancer or genetic characteristics), veteran or military status, sexual orientation, gender, gender identity or gender expression, HIV/AIDS status, genetic information or any other characteristic protected by law.Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.