Mortgage Loan Originator

Citizens Bank of Las Cruces; Las Cruces (NM); On-site; USD 60,000 - 90,000; Full time

Benefits offered by this job

Life Insurance

Disability Insurance

Retirement Plan

Paid Vacations

Paid Time Off

Paid Holidays

Bank Services

Job summary

Citizens Bank of Las Cruces is seeking an Experienced Mortgage Loan Originator to interview applicants, collect financial data, and analyze qualifications under underwriting guidelines. The role includes coordinating closings, pursuing business development with real estate professionals, and ensuring post-closing compliance while delivering exceptional customer service.

Candidate should be bilingual, possess a Bachelor’s degree (preferred) and at least two years of lending experience, with

Qualifications

• Must be bilingual with strong communication skills.
• Experience in lending and understanding of secondary market guidelines (FNMA/FHLMC).
• Strong analytical and math skills to evaluate financial data and tax returns.

Responsibilities

• Interviews and counsels customers on financing programs and requirements.
• Obtains financial data and completes loan disclosures.
• Calculates payments, closing costs, and debt-to-income ratios.
• Analyzes financial documents and determines lender eligibility per guidelines.
• Forwards applications and tracks status; coordinates final submission to investors or loan committee.
• Reviews final loan package and appraisal for readiness for submission; makes recommendations or declines as needed.
• Maintains relationships with Realtors and builders to develop business; cross-sells bank services.

Skills

Bilingual

Customer Service

Education

Bachelor’s degree preferred with 2+ years lending experience

Job description

Join our team! Citizens Bank is seeking an Experienced Mortgage Loan Originator to help us grow our lending department and deliver exceptional service to our customers.

Summary:

Under general supervision, but in accordance with established policies and procedures, is responsible for interviewing mortgage loan applicants, obtaining pertinent financial and loan data, and conducting a preliminary analysis to determine if borrower meets established minimum criteria according to established underwriting guidelines. Must have a thorough knowledge of different mortgage loan programs available and their requirements. Upon final review of the credit file, authorizes or recommends approval. Ensures credit file meets secondary market guidelines; coordinates closings; follows through on post-closing conditions, if any. Is also responsible for collection activity on individual portfolio. Essential job functions are described below with other duties as assigned. Must have flexible schedule and provide excellent customer service.

Duties and Responsibilities:

I.Loan Originations

• Interviews and counsels customers on different financing programs and their requirements.
• Obtains pertinent financial and loan data required.
• Calculates payment options, closing costs and obtains required regulatory disclosures.
• Analyzes financial information, calculates debt to income ratios, cash flow and reviews credit history.
• Determines if applicant meets established guidelines.
• Forwards application for further processing and periodically checks on status of the application.
• Reviews final loan package and appraisal to ensure file is ready for final submission to secondary market investors and/or loan committee.
• Makes final recommendation or declines the loan request.
• Informs applicant of final loan decision.

III.Business Development/Cross Selling

• Develops and maintains mutually beneficial relationship with Realtors and builders.
• Solicits new business for the bank by active involvement in civic, community or related business groups.
• Promotes other bank services that will benefit the customer and establish further banking relationships.

Qualifications:

• Must be bilingual.
• Bachelor’s degree preferred with a minimum of two years of related experience in lending and knowledge of secondary market and FNMA/FHLMC guidelines.
• Supervisory experience with ability to manage people and delegate workflow preferred.
• Strong language and interpersonal skills to communicate effectively both verbally and written.
• Analytical and mathematical skills required to calculate financial figures, yields, percentages and ratios. Ability to perform cash flows and analyze tax returns.
• Strong reasoning capabilities to allow for solving problems and situations.
• Ability to make presentations and deal effectively with outside groups, internal management and employees of the organization.
• Must work well and effectively under pressure and handle various job tasks and deadlines.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee is frequently required to sit and occasionally required to walk. Use hands to finger, handle or feel objects, tools or controls; and talk or hear. The employee must occasionally lift and/or move up to ten pounds. Specific vision abilities required by this job include close vision and the ability to adjust focus. The noise level in the work environment is usually moderate.

Our full and part-time employees receive exceptional benefits, including:

Full Time

• Group Life & Disability Insurance
• Additional voluntary coverage is available

Full & Part Time

• ESOP/Retirement Fund participation (Employee Stock Ownership Plan that includes 401(k), match and profit sharing)
• Paid Vacations
• Paid Time Off
• Paid Holidays (as observed by the Federal Reserve)
• Free or Discounted Bank Services
• On-going Training
• Employee Education Reimbursement
• Many other benefits!

For information regarding employment, please call us at 575-528-6315 or visit the Human Resources Department in our Main Branch, located at 505 S. Main St. in Las Cruces.

Equal Employment Opportunity Employer/M/F/Disability/Veteran