Mortgage Loan Officer

TowneBank Richmond; Lancaster (Lancaster County); On-site; USD 60,000 - 90,000; Full time

Job summary

TowneBank Richmond is seeking an experienced Mortgage Loan Officer to provide service to applicants seeking home loans, including pre-qualification and pre-approval. You will gather documentation, input data into LOS, and use AUS for credit recommendations.

You will quote rates, work with the Secondary Marketing Department, mentor other loan officers, and participate in community outreach and sales meetings to generate new business opportunities. Knowledge of FNMA/FHLMC guidelines is required.

Qualifications

• Must have a valid NMLS #.
• Minimum 2-years' experience originating.
• Self-motivated professional with a proven ability to quickly establish and maintain strong referral partner relationships.
• Demonstrated commitment to delivering exceptional customer service.
• Proven sales record based on closed loan production.
• Currently possess sources of referral business for purchase transactions.
• Awareness of FNMA/FHLMC, FHA, VA and VHDA underwriting guidelines.

Responsibilities

• Provides service to applicants and prospective customers seeking home loan, including interviewing, pre-qualification and pre-approval.
• Completes application and gathers supporting documentation.
• Reviews and completes regulatory disclosures with customer.
• Quotes interest rates and secures pricing through the Secondary Marketing Department on behalf of the Customer.
• Inputs application data into Loan Origination Software (LOS).
• Utilizes automated underwriting systems (AUS) to obtain credit recommendations.
• Communicates with customers, both internal and external, regarding the status of the loan and relays information to all interested parties.
• Manages his/her pipeline of loans to verify accuracy of the current loan status.
• Mentors other Loan Officers.
• Represents the bank with active participation in approved community outreach functions for the purpose of enhancing our image and developing new business opportunities.
• Obeys all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA).

Skills

NMLS #

Education

High School Diploma or equivalent

Tools

Encompass

Microsoft Office

Job description

• Provides service to applicants and prospective customers seeking home loan, including interviewing, pre-qualification and pre-approval.


• Completes application and gathers supporting documentation.


• Reviews and completes regulatory disclosures with customer.


• Maintains existing and generates new sources of referral business.


• Quotes interest rates and secures pricing through the Secondary Marketing Department on behalf of the Customer.


• Inputs application data into Loan Origination Software (LOS).


• Utilizes automated underwriting systems (AUS) to obtain credit recommendations.


• Communicates with customers, both internal and external, regarding the status of the loan and relays information to all interested parties.


• Communicates with all parties in a professional and courteous manner.


• Manages his/her pipeline of loans to verify accuracy of the current loan status.


• Knows and abides by HomeSale Mortgage Policies and Procedures.


• Mentors other Loan Officers.


• Relays to Senior Management any industry changes or trends that may be of interest to them.


• Participates in HomeSale Mortgage association events.


• Must actively participate in all aspects of the Real Estate Office sales meetings and office functions. Prepares Mortgage Minutes for presentation at each sales meeting.Provides on-going training for the real estate agents (lunch and learns).Works closely with the Broker/Sales Manager


• Attends Loan Officer Meetings.


• Represents the bank with active participation in approved community outreach functions for the purpose of enhancing our image and developing new business opportunities.


• Obeys all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA).

Minimum Required Skills and Competencies:

• Must have a valid NMLS #


• Minimum 2-years' experience originating

Self-motivated professional with a proven ability to quickly establish and maintain strong referral partner relationships

Demonstrated commitment to delivering exceptional customer service

• Proven sales record based on closed loan production


• Currently possess sources of referral business for purchase transactions


• High School Diploma or equivalent


• Awareness of FNMA/FHLMC, FHA, VA and VHDA underwriting guidelines.

Desired Skills and Competencies:

• Working knowledge of Microsoft Office products.


• Working knowledge of Encompass software. #mortgage #hsm

Qualifications

Licenses & Certifications

Preferred

NMLS Registered

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.