Mortgage Loan Officer 3

Texas Dow Employees Credit Union; United States; On-site; USD 70,000 - 110,000; Full time

Job summary

Texas Dow Employees Credit Union is seeking a Mortgage Loan Officer 3 to originate Portfolio, Conventional, FHA/VA, Jumbo and Construction mortgages for TDECU members. The role focuses on growing mortgage sales through referrals and multiple channels while delivering an optimal member experience.

Ideal candidates have 4+ years as a Mortgage Loan Officer with experience in conventional, FHA, VA and jumbo products, and must qualify for NMLS licensing under SAFE Act compliance.

Qualifications

• 4+ years as Mortgage Loan Officer with proven success.
• Experience with conventional, FHA, VA and jumbo mortgage products strongly preferred.
• Must qualify for NMLS licensing and SAFE Act compliance.
• Ability to analyze complex tax returns and income including corporate, partnerships, and S-corporations.

Responsibilities

• Grow and maintain referral relationships with realtors, builders and members in association with the TDECU member base.
• Take complete loan applications into the mortgage system, providing disclosures and obtaining documents.
• Pre-qualify members for identified mortgage programs/products and match with TDECU products.
• Negotiate terms and conditions of loans and lock loans per TDECU policies.
• Maintain thorough knowledge of mortgage products and required forms and documentation.

Skills

Team collaboration

Member service

Income analysis

Regulatory compliance

NMLS licensing

Education

High School Diploma or GED

Job description

The Mortgage Loan Officer 3

The Mortgage Loan Officer 3 originates Portfolio, Conventional, FHA/VA, Jumbo and Construction mortgages for TDECU members. The Mortgage Loan Officer will expand TDECU’s mortgage sales opportunities through branch referrals, realtor and builder referrals, telephone, and internet channels while ensuring an optimal member experience.

Essential Duties and Responsibilities:

1. Grow and maintain referral relationships with network of realtors, builders and members in association with the TDECU member base.
2. Take complete and accurate loan applications into the computerized mortgage system, providing members with all required disclosures, as well as obtaining all necessary support documents.
3. Pre-qualify members for the identified mortgage program/product and match them with TDECU mortgage products that best meet the member’s needs.
4. Negotiate terms and conditions of loans with members in accordance with Credit Union policies and procedures.
5. Lock loans for members in accordance with TDECU policies and procedures. Maintain a thorough knowledge of all mortgage products and services, including forms and documentation for each type of loan.

Minimum Qualifications:

• Education: High School Diploma or GED.
• Experience: Minimum 4+ years as a Mortgage Loan Officer with a proven track record of success. Experience with conventional, FHA, VA and jumbo mortgage products strongly preferred.
• Must qualify for NMLS licensing, be Safe Act compliant and be able to get licensed in the state in which you will be originating loans. Must have an NMLS registration number.
• Knowledge, Skills and Abilities: Strong desire to be a part of a collaborative, team-first environment. Strong desire to learn and has a continuous improvement mindset. Passion for providing best-in-class member service. Strong member service skills. Ability to evaluate loan applications and supporting documentation. Ability to perform complex income analysis including the ability to analyze complex tax returns, including corporate, partnerships, and sub-s corporations. Demonstrated knowledge of conventional and/or government lending guidelines, mortgage processing, underwriting and closing procedures, and regulatory compliance. Comply with SAFE Act legislation, which requires annual registration as a Mortgage Loan Originator (MLO). Ability to adapt to an ever-changing work environment. Able to work in a fast-paced, deadline driven environment. Proficient at working with various software and technology applications. Perform additional duties as may be assigned.

Physical Demands and Work Environment:

(The physical demands and work environment characteristics described herein are representative of those that must be met by an employee to successfully perform essential functions of this position and/or may be encountered while performing essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.) While performing the essential duties of this position, an employee would frequently be required to stand, walk, and sit. An employee must frequently lift and/or move up to 10 pounds and may occasionally lift and/or move up to 25 pounds to perform essential position functions. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually moderate.

Disclaimer

Texas Dow Employees Credit Union is an equal opportunity employer, dedicated to a policy of non-discrimination in employment on any basis including race, color, age, protected veteran status, sex, religion, disability, genetic information, national origin or other status protected by federal, state or local law. Consistent with the American Disabilities Act, applicants may request accommodations needed to participate in the application process.

Founded in 1955, TDECU formed when a group of Dow employees pitched in $5 each to loan a friend $35 to buy a refrigerator. That initial mission of people helping people continues today. Over the last 65 years, we have grown to meet the needs of the communities we serve and share TDECU's passion for service and great value in our products. Our first merger took us west to the Victoria area, where we made many new friends and Members. We have since become an integral part of the community. In the East Market, where we began, we opened our field of membership to serve all Brazoria County residents. Today, TDECU has 39 service locations, including 35 Member Centers. The original $35 loan has turned into over $4 billion in assets today that continue to improve our 348,000 Members' lives by helping them get what they need to achieve their financial needs and dreams.

Transparency in Coverage Link This link leads to the machine readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine-readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.