Mortgage Loan Officer

Carolina Trust Federal Credit Union; Myrtle Beach (SC); On-site; USD 44,000 - 55,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

Life Insurance

401K

401K Matching

Paid Time Off

Employee Assistance Program

Job summary

Carolina Trust Federal Credit Union is seeking a Mortgage Loan Officer for the main branch in Myrtle Beach. This full-time role handles loan origination, interview and document collection, and guidance on loan options for members.

Responsibilities include ensuring compliance with policies, maintaining relationships with members, realtors, and builders, and promoting Credit Union services. Located at 21st Ave, the position is exempt/non-exempt and full-time.

Qualifications

• Interviews, takes applications, and processes preliminary documentation on loan requests.
• Discusses loan alternatives, credit criteria, and documentation to elicit member responses.
• Keeps up with lending standards, legal requirements, and local real estate trends.
• Knowledge of Credit Union loan policies, products, procedures, and guidelines.

Responsibilities

• Interview and process loan applications and discuss alternatives with members.
• Provide timely updates and approvals/denials with clear explanations.
• Counsel members on money management and loan options.
• Cross-sell Credit Union services and maintain member relationships.
• Maintain accurate records and monthly reports for the department.

Skills

Loan processing

Real estate knowledge

Credit worthiness

Credit union policies

Education

High school diploma or equivalent

Business coursework preferred

Job description

About the Organization Our History: Carolina Trust's story began in 1958 as Myrtle Beach Air Force Base Federal Credit Union, serving the financial needs of military personnel and civil service employees.

With a desire to expand our service reach and directly influence the financial opportunities for individuals, families and small businesses in surrounding communities, the Credit Union applied for and received a Community Charter. In October 2001, we began serving those who live, work, worship, volunteer or attend school in Horry, Georgetown, Marion, Williamsburg, and southern Florence County. Carolina Trust was thrilled to remove membership barriers so that more people could experience the Credit Union difference and a lower-cost banking alternative.

Then, in 2018, we broadened our service area even further by expanding into Brunswick County, NC - less than 2 miles away from our Little River branch.

Who We Are: At our core, we are people helping people. Since 1958, we've been helping people achieve their financial goals, small businesses get the financing they need, and our employees expand their career potential. Additionally, we actively support our local schools and charitable organizations. We want our members and employees to feel good about the good we do in their communities, and we will continue to build this reputation one relationship at a time.

Carolina Trust believes that before trust will be reciprocated, it must be earned with time, consistency and authenticity. We're the trustworthy faces you see around town, and we're proud of our Credit Union heritage of owners serving owners.

EOE Statement

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.

Position Mortgage Loan Officer

Description

Carolina Trust Federal Credit Union has a full-time,Mortgage Loan Officerposition available at the main branch located on 21st Ave.

Position Overview:

• Assumes responsibility for the effective and professional completion of assigned loan origination functions.
• Interviews, takes applications, and processes preliminary documentation on loan requests. Discusses loan alternatives, credit criteria, interest rates, and loan documentation in such a manner as to elicit positive responses from members.
• Performs follow-up work as necessary to achieve conditional approval within established time frames.
• Notifies member if loan is referred back to Officer because of problem ratios or credit ratings.
• Advises members of loan approval or denial. Explains loan denials precisely and clearly to members.
• Completes lending operations in accordance with established Credit Union policies and legal requirements.
• Assumesresponsibility for establishing and maintaining effective and professional business relations with members, realtors and building professionals.
• Answers questions and requests and resolves problems.
• Informs members of Credit Union loan policies and services.
• Counsel members regarding money management and financial matters. Counsel members whose loan requests were denied, explaining reasons and alternatives.
• Maintains and projects the Credit Union's professional reputation.
• Assumes responsibility for establishing and maintaining effective communication and coordination with Credit Union personnel and with management.
• Coordinates functions with related departments and Branches and provides support as needed.
• Assists Mortgage Loan personnel and serves as a backup as needed.
• Keeps management informed of department activities and of any significant problems.
• Attends and participates in meetings and committees as required.
• Completes required records and reports.
• Assumes responsibility for related duties as required or assigned.
• Professionally cross sells Credit Union services.
• Stays informed regarding changes in lending standards, related legal requirements, and trends in local real estate and competitive market.
• Ensures work area is clean, secure, and well maintained.
• Ensures operations are conducted in accordance with established Credit Union policies and with legal and regulatory requirements, including but not limited to BSA/ALM compliance.
• Lending functions are effectively performed in accordance with established Credit Union policies and with legal and regulatory requirements.
• Good business relations exist with members and business professionals. Programs and services are properly and thoroughly explained, and questions courteously answered or appropriately referred.
• Loan documentation, files, and related reports are complete, accurate, and timely. Monthly reports are submitted as scheduled.
• Loan applications and related financial data are closely and effectively analyzed and evaluated.
• Good working relations exist with Credit Union personnel and with management. Assistance is provided as needed. Management is appropriately informed.
• Established production expectations are met or exceeded.

Pay:

$32.28 - $40.35 (Hourly)

Education:

• High School diploma or equivalet.
• Additional coursework in business or related field preferred.

Knowledge and Experience Required:

• One to two years of related loan processing experience
• Real estate background helpful
• Understanding of the foundation of determining credit worthiness.
• Knowledge of Credit Union loan policies, products, procedures, processing, and understanding guidelines.
• Familiaritywith title reports, insurance, and appraisals.

Benefits:

• Health, Dental, and Vision Insurance
• Life Insurance
• 401K
• 401K Matching
• Paid Time Off
• Employee Assistance Program

Location 21st Ave

Exempt/Non-Exempt Non-Exempt

Full-Time/Part-Time Full-Time

This position is currently accepting applications.