Mortgage Loan Officer

Vantage-Credit-Union; Missouri; On-site; USD 45,000 - 70,000; Full time

Job summary

Vantage-Credit-Union is seeking a mortgage loan professional to interview members, evaluate residential loan applications, and prepare initial disclosures in line with regulatory standards. The role requires familiarity with underwriting criteria and proactive partnering with branches to grow the loan book.

Candidates should have a business-related degree and 3+ years in mortgage lending, with experience in ICE Mortgage Technology and Encompass preferred.

Qualifications

• Mortgage lending experience is preferred; minimum 3 years in the field.
• Ability to cross-sell and expand member relationships.
• Knowledge of SAFE Act and licensing requirements for mortgage professionals.

Responsibilities

• Interview members at assigned branches to collect all mortgage data.
• Perform preliminary analysis to determine loan qualification based on application data.
• Prepare and send initial disclosures to ensure compliance with regulations.
• Maintain knowledge of underwriting criteria and pricing; support loan approvals.
• Network with internal and external partners to grow the member database.

Skills

Oral communication

Written communication

Listening skills

Multitasking

Education

Bachelor's degree in Business or related field

Tools

ICE Mortgage Technology

Encompass

Job description

JOB FUNCTIONSInterview members from assigned branches applying for residential mortgages to make certain all pertinent information/data is collected.Perform preliminary analysis of mortgage applications to make certain that member(s) qualify for the loan based upon the information provided at the time of application.Prepare and send initial disclosures to member(s) so that government regulations are met and informed.Be knowledgeable of underwriting criteria and pricing. This would also include being knowledgeable of FNMA and FHLMC underwriting guidelines.Network with internal business partners, branches, and external business partners to grow existing database further.KNOWLEDGEIncumbent should possess three years of increasingly responsible experience in mortgage lending and be familiar with the loan origination functions.Be familiar with all credit union services and possess the ability to crosssell to members.Able to retain and expand internal & external business partners.SKILLSThe individual should have excellent oral, written and listening skills; be able to handle pressure; effectively communicate with all levels of personnel; have the ability to work on several projects simultaneously and satisfy the required objectives while providing exceptional service to the membership and work positively with other team members.EDUCATION/EXPERIENCEA college degree in a business-related field or its equivalent to five years of financial institution experience, specifically in mortgage lending, is preferred.Experience with ICE Mortgage Technology and Encompass software preferred.Attendance of required credit union industry seminars, workshops, and conventions.Maintain compliance with the federal Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act), MLOs at Mortgage Solutions, LLC must maintain professional state-licensing requirements.PHYSICAL REQUIREMENTSThe position requires the following physical activities within varying environmental conditions:Occasionally remaining in a stationary position which may be standing or sitting for a prolonged period of time.Occasional travel or moving from one office location to another or from one department to another at the headquarters building.Occasional lifting, moving, or adjusting objects up to 20 pounds.Constant communication with others through various channels including verbal, email, and chat of which the last two may require consistent use of a keyboard and mouse or another electronic device.Work will be in a commercially reasonable temperature-controlled environment.Occasional temporary exterior site review which could be in outdoor elements of wind, rain, or snow.