Mortgage Loan Originator

INTERNATIONAL BANK OF COMMERCE; Laredo (TX); On-site; USD 40,000 - 60,000; Full time

Benefits offered by this job

Medical Plan

Employer Paid Life Insurance

Flexible Spending Program

401k

Profit Sharing Program

Supplemental Benefit Programs such as: Vision, Dental, Disability

Tuition Assistance Program

Sick Leave

Vacation

Paid Holidays

Job summary

INTERNATIONAL BANK OF COMMERCE in Laredo, TX is seeking a Mortgage Loan Originator to drive residential mortgage business. This position requires a proactive approach to solicit new opportunities and maintain client relationships.

The ideal candidate will possess strong communication skills and a solid understanding of mortgage products. Educational qualifications include a high school diploma; a college degree and 2 years of experience is preferred. The position offers a full-time in-office environment with comprehensive benefits.

Qualifications

• Develops and maintains a quality network of business relationships for new mortgage opportunities.
• Evaluates and recommends approval of applications for residential real estate loans.
• Educates the prospective borrower in the home buying and financing process.

Responsibilities

• Solicits new residential mortgage business and works bank referral leads.
• Maintains regular contact with borrowers and Realtors between application and closing.
• Assists borrowers in understanding and clearing credit problems.

Skills

Strong written and verbal communication skills

Ability to manage a pipeline

Teamwork

Strong customer service skills

Self-motivated

Highly organized

Ability to calculate qualifying income from federal tax returns

Education

High School graduate or equivalent

College degree preferred

2 years recent experience preferred in residential loan originations

RMLO license highly preferred (NMLS registration required)

Tools

Knowledge of Conventional and Government Mortgage products

Knowledge of processing, underwriting, closing and funding of mortgage loans

Job description

## Mortgage Loan OriginatorApplylocations: Laredo, TXtime type: Full timeposted on: Posted 2 Days Agojob requisition id: R15615### IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects its dedication to the growth and success of its employees, customers and communities. IBC bank hires talented, creative and dedicated individuals to help our business succeed. We are a company that values leadership, community engagement and relationship building that leads to a culture of excellence. We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience.**Time Type:**Full time**This is an in-office position.********Department:******1070 Mortgage Sales Origination******Job Summary:******The Mortgage Loan Originator position is a sales oriented position where the loan originator proactively solicits new residential mortgage business, works bank referral leads, and sells IBC Mortgage products. The MLO continually develops and maintains a quality network of business relationships that serve as a recurring source of referrals for new mortgage opportunities and develops relationships with the IBC Bank Sales Team and IBC Commercial Bankers. The Mortgage Loan Originator also evaluates and authorizes or recommends approval of applications for residential real estate loans, and possesses an understanding of relevant loan products, regulatory disclosures, and interest rate pricing.******Job Description:********ESSENTIAL JOB FUNCTIONS***The statements on this job description are intended to describe the general nature of level of work being performed by incumbents. They are not an exhaustive list of all responsibilities, duties, and skills required by all incumbents.** Develops and maintains a quality network of business relationships that serve as a recurring source of referrals for new mortgage opportunities* Develops relationships with the IBC Bank Sales team and IBC Commercial Bankers* Evaluates and recommends approval of applications for residential real estate loans* Possesses an understanding of relevant loan products, regulatory disclosures, and interest rate pricing* Takes information from the borrower and completes the application* Analyzes the prospective borrower's income and debt and pre-qualifies the prospective borrower* Educates the prospective borrower in the home buying and financing process, advises the borrower about the different types of loan products available, and demonstrates how closing costs and monthly payments could vary under each product.* Quotes interest rates and fees* Maintains regular contact with the borrower and Realtors between application and closing* Assists the borrower in understanding and clearing credit problems* Participates in the loan closing* Performs other related duties as assigned**SKILLS*** Strong written and verbal communication skills* Ability to manage a pipeline* Teamwork* Strong customer service skills* Self-motivated* Highly organized* Ability to calculate qualifying income from federal tax returns**EDUCATION*** High School graduate or equivalent* College degree preferred* 2 years recent experience preferred in residential loan originations* RMLO license highly preferred (NMLS registration required)* Knowledge of Conventional and Government Mortgage products* Knowledge of procession, underwriting, closing and funding of mortgage loans### About UsIBC Bank was founded in 1966 to meet the needs of small businesses in Laredo, Texas. The bank's success is a result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects it's dedication to the growth and success of it's employees, customers and communities. Our commitment to "Do More" for the communities we serve permeates our company from top down. The success of IBC and it's 50 consecutive years of growth and profitability are due to strong leadership, customer centric business philosophy and our motto of "Doing More" in our communities.**Wait there's more!**We offer a comprehensive benefits package, based on eligibility, benefits include:* Medical Plan* Employer Paid Life Insurance* Flexible Spending Program* 401k* Profit Sharing Program* Supplemental Benefit Programs such as: Vision, Dental, Disability* Tuition Assistance Program* Sick Leave* Vacation* Paid Holidays