Mortgage Loan Advisor: Guide to Home Financing

Traditional Bank; Lexington (KY); On-site; USD 55,000 - 80,000; Full time

Job summary

Traditional Bank in Lexington, KY is seeking a Mortgage Loan Officer to initiate the mortgage process for clients. You will interview clients, explain financing options, assist with applications, review documents, and manage the closing process to ensure accurate and compliant loan packages.

The role requires NMLS credentials, strong analytical and communication skills, and the ability to assess credit and regulatory requirements.

Qualifications

• Minimum 3 years mortgage lending experience including secondary market, or 5 years banking experience.
• NMLS number required.
• Ability to understand and adhere to regulatory and risk management requirements.
• Strong reporting, analytical and communication skills.

Responsibilities

• Interviews clients to understand lending needs including first-time homebuyer mortgages and refinances.
• Explains financing options and presents suitable products based on client needs.
• Assists with mortgage applications and verifies documents for accuracy.
• Reviews credit history and ATR to assess repayment capacity.
• Manages loan closing process and maintains confidentiality.
• Uses mortgage loan software to prepare applications and disclosures.
• Completes online compliance training and adheres to bank guidelines.

Skills

Mortgage lending experience

Regulatory compliance

Analytical skills

Communication skills

ATR assessment

NMLS knowledge

Education

High school diploma or equivalent

NMLS license

Tools

Mortgage loan software

Job description

Traditional Bank in Lexington, KY is seeking a Mortgage Loan Officer to initiate the mortgage process for clients. You will interview clients, explain financing options, assist with applications, review documents, and manage the closing process to ensure accurate and compliant loan packages.

The role requires NMLS credentials, strong analytical and communication skills, and the ability to assess credit and regulatory requirements.