Mortgage Loan Officer - Tristate

United Nations Federal Credit Union; New York (NY); Remote; USD 55,000 - 85,000; Full time

Job summary

Join a forward-thinking financial institution dedicated to serving the UN community. This position offers the opportunity to excel in mortgage origination, where you will leverage your relationship-building skills to assist members in navigating their mortgage needs. You will be responsible for managing the application process, ensuring compliance with all regulations, and providing exceptional service to our members. If you are passionate about mortgage lending and seeking a fulfilling career in a diverse and inclusive environment, this role is perfect for you.

Qualifications

• Strong understanding of mortgage lending regulations and guidelines.
• 2-4 years of progressive mortgage origination experience.

Responsibilities

• Solicit and originate residential mortgage loans, ensuring compliance with regulations.
• Manage the mortgage application process and maintain applicant relationships.

Skills

Mortgage Lending Regulations Knowledge

Relationship Building Skills

PC Skills

MS Office Proficiency

Mortgage Origination Experience

Education

Associate's Degree or Equivalent Experience

Job description

Why join this team

This position performs the solicitation and origination of residential first and second mortgage loans with potential applicant(s), determination of applicant’s financial needs and promotion of mortgage products/services that meet those needs, in compliance with UNFCU loan policy and federal, state and NCUA rules, regulations and laws. This includes communication with members and staff while upholding UNFCU’s commitment to quality member service and representing UNFCU in a positive and professional manner. Working remotely, this position is a self-sourcing position leveraging relationship building skills to broaden the UNFCU membership.

NYC Salary Range - Loan Officers are paid in accordance with UNFCU's Mortgage Loan Officer Commission/Compensation Plan.

What you'll do

• Regardless of seniority or role, uphold UNFCU’s mission, core values, and guiding principles by providing an exceptional service experience to colleagues and members alike through consistent demonstration of our service excellence behaviors.

• Interview applicant(s) for residential first and second mortgage business to determine qualifications and appropriate product(s); explore all possible alternatives and make appropriate recommendations for products and services for the member/applicant; establish and maintain relationships with potential applicants and promote/solicit mortgage business; provide mortgage product education to membership.
• Manage the application process; transfer data/information taken from the member/applicant into appropriate information systems; provide required disclosures and review with members for accuracy; ensure the accurate preparation of application forms required by UNFCU, in compliance with all related regulations and laws; perform analysis of required documents to appropriately advise membership; monitor regulatory environment for possible changes that may affect residential mortgage lending procedures/guidelines; assist in the resolution of problem situations and commitment conditions.
• Develop methodologies to determine opportunities for new mortgage business. Develop relationships to assist borrowers during the mortgage process.
• Follow-up with the Processors to ensure the timely closing of the mortgage. Inform members of the status of their files in accordance with UNFCU’s guidelines for frequency and timeliness.
• Monitor products, services and rates to ensure UNFCU rates are competitive. Recommend changes to management based on local and national market conditions. Participate in Mortgage Centre initiatives and seminars to educate membership and publicize mortgage operations. Identify opportunities to offer additional mortgage products or cross-sell other credit union products or services.
• Act as a resource within the overall Mortgage Department. Participate in credit union training programs and any other function as requested.
• Prepare monthly origination/production reports for management and participate in sales tracking

What we're seeking

• Associates degree or equivalent experience
• Strong PC skills
• Knowledge of MS Office (Word, Excel, Outlook, and PowerPoint)

What makes you stand out

• Thorough knowledge of mortgage lending regulations (i.e. RESPA, REG Z and ECOA), secondary mortgage market – FNMA or FHLMC and private mortgage insurance guidelines required, in addition to ability to read and interpret appraisals, tax returns and credit reports
• 2-4 years of progressive mortgage originations experience

Who we are

UNFCU is a global not-for-profit financial institution that serves the UN community. We are committed to providing peace of mind to our members and colleagues and strive to achieve service excellence in all that we do. The best part of UNFCU is the people. Those that choose to work with us often find personal fulfillment, professional growth and a purposeful culture.

UNFCU is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. UNFCU prohibits discrimination and harassment of any type. All applicants will be considered for employment 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 country, federal, state or local laws.