REMOTE - Mortgage Loan Officer

F&M Bank; Harrisonburg (VA); On-site; USD 55,000 - 75,000; Full time

Job summary

F&M Bank is seeking a loan originator to originate residential mortgage loans, delivering outstanding customer service and speed of origination. You will gather documentation, provide mortgage advice, and ensure compliance with RESPA, Dodd-Frank, and bank policies. Travel to branches may be required.

You will network with realtors and builders, cross-sell bank products, and input loans into origination software while maintaining confidentiality and accuracy throughout the process.

Qualifications

• Owns mortgage origination process from disclosures to closing.
• Knowledge of products, investor guidelines, and regulatory requirements (RESPA, Dodd-Frank).
• Cross-sells bank products when appropriate.
• Completes ABA education classes as assigned.

Responsibilities

• Originate residential mortgage loans to meet production goals.
• Deliver excellent customer service and timely disclosures.
• Coordinate with loan processors to ensure smooth communication to closing.

Skills

Relationship building

Regulatory compliance

Cross-selling

Communication

Problem solving

Confidential handling

Excel

Word

Documentation gathering

Borrower data analysis

Education

High School Diploma or GED

NMLS registration

Tools

Loan origination software

Excel

Word

Job description

Job Description Description: Responsible for originating residential mortgage loans so that borrowers receive the best possible customer service and speed of origination. This includes delivering proper disclosures, collecting documentation, and providing excellent customer service. Follows company policies and procedures to ensure accurate and timely closing. Work closely with assigned loan processor to promote communication, and to ensure quality service delivery throughout the company, as well as with external customers.

• Successful marketing and relationship building with realtors, builders, and other business partners by spending at least 60% of your working time out of the office in order to network and originate mortgage loans to meet or exceed an agreed upon mortgage production goal as well as all required legal lending guidelines.
• Maintaining a complete and thorough knowledge of products, secondary market guidelines, individual investor guidelines, company policies and procedures and following all regulatory procedures including RESPA, Dodd-Frank, etc
• Cross-selling bank products when given the opportunity
• Take education classes as assigned by the company through the ABA
• Providing all mortgage clients with knowledgeable mortgage advice that will benefit the client
• Structuring mortgage loans and inputting them into loan origination software
• Obtaining and reviewing consumer credit reports
• Collecting initial documentation from borrowers (paystubs, tax returns, assets, etc)
• Updating and advising all parties involved in the mortgage transaction
• Maintain complete discretion and confidence of all information pertaining to loan packages and clients personal information.
• Ability to communicate effectively orally and/or in writing.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to work with limited supervision.
• Ability to work with and maintain confidential information.
• Proficient organizational skills with ability to function in a flexible work environment.
• Ability to read, analyze, and interpret general borrower data.
• Ability to effectively present information and respond to questions from managers, clients, customers, and the general public.
• Proficient in Excel and Word.
• Professionalism in dealing with customers and fellow employees.
• High School Diploma or GED with a minimum of two years of experience in loan origination or an account executive/sales position. Certificates, Licenses, Registrations
• NMLS registration
• Current driver's license to travel to other bank branch locations and other bank-related travel.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.