Mortgage Loan Officer

Union Home Mortgage Corp.; Tennessee; On-site; USD 50,000 - 70,000; Full time

Job summary

A leading mortgage company is seeking Loan Officers to build referral networks and provide loan opportunities. Responsibilities include evaluating loan applications, advising customers on home buying, and ensuring compliance with all guidelines. The ideal candidate will have sales and mortgage experience, along with strong communication and organizational skills. This full-time position offers an opportunity for professional growth in a supportive environment.

Qualifications

• Sales and mortgage experience is required.

Responsibilities

• Build a referral network and provide loan opportunities.
• Evaluate applicant information and documentation.
• Complete a preliminary review to qualify potential customers.
• Advise customers about the home buying or refinancing process.
• Maintain confidentiality according to state and federal guidelines.

Skills

Retail/Wholesale Mortgage Banking Knowledge

Knowledge of all mortgage products, Government and Conventional

Strong verbal and written communication skills

Excellent organizational skills

Mortgage software knowledge

High sense of confidentiality

High ethical standards

Education

Sales and mortgage experience

Job description

1 week ago Be among the first 25 applicants

Loan officers are responsible to build a referral network and provide loan opportunities while developing loan applicants through evaluating applicant information and documentation. UHM's "Partners Coaching Partners" (PCP) coaching program provides Loan Officers with the tools and training to generate a consistent source of business. Loan Officers must embrace PCP training through branch and corporate mediums.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Establish ongoing financial services relationships with customers and referral sources
• Consistently maintain a minimum production of 3 units per month or 36 units per year
• Complies with all applicable state and federal guidelines for database management and marketing activities
• Advise and educate customers of the home buying or refinancing process
• Complete a preliminary review to qualify potential customers within specified limits based on their current and future financial needs.
• Work with customers in-person or remotely to obtain information for loan applications.
• Explain to customers the different types of loans and credit options that are available, as well as the terms of those services
• Inform applicants of the loan process; assist by answering questions with timely response to requests.
• Evaluate the applicant’s financial status, credit, property evaluations and documentation by confirming credit worthiness.
• Improve loan applications and documentation by informing applicants of qualification requirements.
• Assist and advise customers of the best loan product available to fit their desired result.
• Act in accordance with real estate contracts by explaining provisions to applicants, obtaining executed loan packages and collecting credit report/appraisal fees.
• Utilize management to assist in qualifying the customer when needed.
• Maintain customer confidence by following state and federal confidentiality guidelines.
• Follow UHM Minimum Origination Standards and 3/2 policies
• Complete the formal application/interview.
• Execute technological mortgage application documents with the customer
• Formally submit the loan through processing.
• Track the mortgage process through closing with constant contact to the customer and referral sources directly and/or utilizing automated systems.
• Responsible for independent pipeline management including accuracy with secondary lock execution and estimated closing dates through formal closing.
• Responsible for following regulatory rules including RESPA, TILA, Safe Act and Appraisal Anti-Coercion.
• Maintain the UHM Code of Conduct at all times and through action accentuate the positive culture established by this organization.

SUPERVISORY RESPONSIBILITIES

None

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION AND/OR EXPERIENCE

• Sales and mortgage experience is required

SKILLS

• Retail/Wholesale Mortgage Banking Knowledge
• Knowledge of all mortgage products, Government and Conventional
• Strong verbal and written communication skills
• Excellent organizational skills
• Mortgage software knowledge
• High sense of confidentiality
• High ethical standards

CERTIFICATES, LICENSES, REGISTRATIONS

• Complete state and federal requirements including but not limited to: pre-license education, state and federal testing and federal background checks to obtain an appropriate license to conduct business in all states the company operates in
• Complete required continuing education deemed necessary by federal, state and company guidelines.
• Renewing all licenses 30 days in advance of the required renewal time-frame.
• Update job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks and participating in professional organizations.

EMPLOYMENT DETAILS

Seniority level: Not Applicable

Employment type: Full-time

Job function: Customer Service, Finance, and Business Development

This job description is subject to review and change. This is not a contract.

E-VERIFY

This employer participates in E-Verify. If hired, the employer will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.

EEO STATEMENT

Union Home Mortgage Corp. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.