Mortgage Loan Officer

Fulton Bank; Jackson (NJ); Hybrid; USD 50,000 - 70,000; Full time

Benefits offered by this job

Medical insurance

401(k) program with employer match

Paid time off

Job summary

Fulton Bank is seeking a full-time Mortgage Loan Officer based in Jackson, NJ. This role involves soliciting first mortgages through collaboration with realtors and builders, and assisting customers in securing appropriate mortgage loans tailored to their financial circumstances.

A high school diploma, and at least one year of residential mortgage lending experience are required. The position comes with a commissioned compensation structure and offers a comprehensive benefits package.

Qualifications

• 1 or more years recent residential mortgage lending experience, preferably in the local market.
• Proven ability to develop referral sources from outside the organization.

Responsibilities

• Solicit first mortgages through contacts with realtors, builders, and developers.
• Collect and analyze applicant’s financial information to assess qualification.
• Engage in customer-specific persuasive sales activity to encourage potential customers.

Skills

Residential mortgage lending experience

Developing referral sources

Persuasive sales activity

Education

High School Diploma or equivalent

Job description

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work‑life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

This is a full‑time, commissioned career opportunity that can be hybrid based out of our Jackson, NJ location.

Solicits first mortgages through contacts with realtors, builders, and developers. Work with customers and prospective customers to assist them in identifying and securing a mortgage loan that is appropriate for their individual financial circumstances and is designed to help them achieve their financial goals, including home ownership.

• Develop and expand referral sources to solicit first mortgages. Maintain regular contact with Realtors in their offices and on site at open house events. Meet with builders on job sites to discuss lending options. Regularly seek opportunities to meet with developers and participate in building and trade shows. Participate in mixers related to real estate to build and forge new relationships.
• Collect and analyze applicant’s financial information typically at one of the organization’s branch locations to assess qualification. Interview applicants and gather required information, including income, assets, investments, debt, credit history, prior bankruptcies, judgments, liens, and property characteristics. Identify customer needs, evaluate with available financial products, recommend products that best meet the customer’s needs with clear risk and benefit explanations, and recommend terms and conditions of mortgage loans.
• Engage in customer‑specific persuasive sales activity to encourage potential customers to do business with the company and cross‑promote other services and financial products to external referral sources.
• Perform work related to the loans originated: obtain and analyze financial and credit data; follow current loans for conformity; follow up with customers via telephone and email; complete paperwork; prepare materials; attend company meetings as necessary; ensure compliance with regulatory requirements; communicate with the customer throughout the process.

Required Education

High School Diploma or equivalent.

Required Experience

1 or more years recent residential mortgage lending experience, including experience in the local market. Experience in the Fulton Mortgage Company Associate Mortgage Loan Officer Program may be accepted in lieu of 1 year required residential mortgage lending experience.

1 or more years proven ability to develop referral sources from contacts and relationships outside the organization.

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company‑assigned and/or job‑related Compliance Programs, regulations and policies and procedures, as well as ensuring that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

This position is fully commissioned.

As part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; a flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; a 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

This position may require the incumbent to be registered in the Nationwide Mortgage Licensing System and Registry. Incumbents who are required to register will be notified in writing.

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.