Mortgage Loan Specialist

Burke & Herbert Bank & Trust; Winchester (VA); On-site; USD 22,000 - 31,000; Full time

Job summary

Burke & Herbert Bank & Trust in Winchester, VA is seeking a Mortgage Loan Specialist to manage the end-to-end mortgage process for purchase or refinance of real estate. You will analyze applications, verify data and coordinate with processing teams to ensure timely, accurate decisions.

You will network with real estate agents, financial advisors, and past clients to generate referrals, meet borrowers, and present products that meet financial goals.

Qualifications

• Must be registered with NMLS Federal Registry.
• Minimum of two years residential mortgage lending experience.
• A four-year college degree is preferred.

Responsibilities

• Initiates the mortgage process for potential clients, preparing, analyzing, and verifying mortgage loan applications.
• Meet with borrowers to discuss needs and present suitable mortgage products.
• Coordinate with processing and regulatory teams to ensure documentation is complete and compliant.
• Maintain communication with borrowers regarding loan status and timelines.
• Network with real estate professionals and advisors to generate referrals.

Skills

Networking

Interpersonal skills

Financial/quantitative skills

Education

NMLS Registry

Bachelor's degree preferred

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Mortgage Loan Specialist

Winchester, VA, US

30+ days ago Requisition ID: 2147

Initiates the mortgage process for potential clients, preparing, analyzing, and verifying mortgage loan applications for the purchase or refinance of real estate. Identifies and attracts new clients by networking with real estate agents, financial advisors, and past clients to generate referrals.

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

• Establish and maintain a network of business relationships, consisting of real estate professionals, builders, etc.
• Meet with potential borrowers regarding their mortgage needs.
• Present bank's mortgage products and services that meet borrower’s financial goals.
• Complete the borrower’s application and analyze the borrowers financial and credit data.
• Lock rate per company and regulatory guidelines.
• Prepare or request all applicable loan documentation from the appropriate party or department.
• Work with Centralized Processing Department to ensure attorney and appraisal work is ordered and all documentation is handled professionally and efficiently.
• Maintain communication with the borrower regarding the loan status.
• Maintain thorough knowledge of lending programs, policies, procedures, and regulatory requirements.
• Service all in-house and secondary market loans in your portfolio. (all requests including, escrows, payments, payoffs, etc.)
• Interact with clients and internal partners daily to answer questions, solve problems, and deliver the highest-level of customer service.
• Assist clients with monthly billing and collections cycle.
• Monitor the status of delinquent payments and follow-up with clients on an ongoing basis, while also working with Debt Management on Collections.
• Work directly with other departments to resolve any issues or concerns with any customer in your portfolio.

Other Duties

• Look for referral opportunities within the company (insurance, deposits, etc.).
• Other duties as assigned.

Skills/Abilities

• Requires strong networking and interpersonal skills.
• Financial/quantitative skills.

Supervisory Responsibility

This position does not have supervisory responsibilities.

This job operates in an office setting, the opportunity to telework is not available. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.

Physical Demands

This position requires manual dexterity, the ability to lift files and open cabinets. This position requires bending, stooping or standing as necessary.

Travel

Local travel is required for this position.

For Applicants located in Northern Viriginia (VA): The pay range for this position is $19.23 per hour to $19.23 per hour. Other compensation includes a commission plan and overtime paid at one and one-half times the normal hourly rate for any hours worked in excess of 40 in a work week.

The ranges listed for Viriginia and/or Maryland represent the good-faith compensation the Company reasonably expects to pay for the position at the time of posting. Actual compensation will be determined based on factors including, but not limited to, the candidate's skills, qualifications, experience, education, certifications, internal equity, and business needs. This position may also be eligible for additional compensation, such as bonuses or incentive pay, where applicable.

Education and Experience

• Must be registered with NMLS Federal Registry.
• Minimum of two years residential mortgage lending experience.
• A four-year college degree is preferred.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Equal Opportunity/Affirmative Action Employer M/F/disability/protected veteran status