Mortgage Loan Officer

Vantage Credit Union; Saint Charles (MO); On-site; USD 45,000 - 65,000; Full time

Job summary

Vantage Credit Union in Saint Charles, MO is seeking a Mortgage Lending Specialist for a full-time position. The role requires interviewing members to collect data for mortgage applications and performing evaluations to ensure qualifying criteria are met.

Ideal candidates should have at least three years of mortgage lending experience and possess a strong foundation in customer communication. A college degree in a business-related field is preferred along with familiarity in using mortgage technology software.

Qualifications

• Three years of experience in mortgage lending, familiar with loan origination functions.
• Ability to cross-sell services to members.
• Excellent communication skills under pressure.

Responsibilities

• Interview members applying for mortgage loans and collect pertinent data.
• Perform preliminary mortgage application analysis.
• Prepare initial disclosures to meet government regulations.

Skills

Oral communication

Written communication

Listening skills

Customer service

Education

College degree in business-related field

Tools

ICE Mortgage Technology

Encompass software

Job description

Job Details

Job Location: Admin Building - Saint Charles, MO 63304
Position Type: Full Time
Education Level: High School
Job Category: Banking

Job Functions

• Interview 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.

Qualifications

• Knowledge: Incumbent 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 cross-sell to members. Able to retain and expand internal & external business partners.
• Skills: The 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/Experience: A 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 Requirements

• 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.