Senior Mortgage Loan Officer

American National bank of Texas; Town of Texas, McKinney (WI, TX); On-site; USD 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Senior Mortgage Loan Officer to drive residential mortgage loan origination. This role involves building relationships with referral sources, interfacing with borrowers to assess their financial conditions, and guiding them through the loan approval process. The ideal candidate will have 3-5 years of experience in residential lending, a solid understanding of real estate laws, and proficiency in essential software tools. Join a dynamic team where your expertise will contribute to achieving profitability and service objectives while helping clients navigate their mortgage options.

Qualifications

• 3-5 years of experience in residential construction and permanent lending.
• Knowledge of real estate laws and FNMA guidelines.

Responsibilities

• Develop and maintain relationships with referral sources to maximize mortgage loan volume.
• Interface with borrowers to document loan applications and analyze financial conditions.
• Stay updated on local real estate market conditions and regulations.

Skills

Microsoft Excel

Microsoft Word

Basic Math Skills

Keyboarding Skills

Calculator Skills

Education

3-5 years of relevant experience in residential lending

Compliance training

Knowledge of real estate laws and FNMA guidelines

Job description

Job Title: Senior Mortgage Loan Officer

The Senior Mortgage Loan Officer is responsible for originating residential mortgage loans, pre-qualifying customers' creditworthiness and ability to repay, and servicing these loans to meet the Bank's credit quality, profitability, growth, and service objectives. The role also involves referring customers to the appropriate banker for cross-selling products and services.

Responsibilities:

1. Create, develop, and maintain relationships with referral and industry sources to maximize mortgage loan volume and income, meeting banking center profitability goals.
2. Interface with borrowers to collect and document complete loan applications, analyze financial conditions, evaluate collateral acceptability, and assess repayment capacity.
3. Set expectations regarding the loan approval process, communicate with borrowers throughout the loan lifecycle, and explain loan options and terms.
4. Respond to customer inquiries, generate leads from personal contacts and bank channels, and refer customers to other bank services.
5. Advise applicants on available options, explain different mortgage types, and negotiate loan terms.
6. Stay updated on local real estate market conditions and regulations related to private and government-insured mortgages.
7. Position is subject to SAFE Act registration requirements.

Qualifications:

• 3-5 years of relevant experience in residential construction and permanent lending, with compliance training and knowledge of real estate laws and FNMA guidelines.
• Valid driver's license, clean driving record, reliable transportation, and registration with the NMLS.

Skills:

• Proficiency in Microsoft Excel and Word; basic math, keyboarding, and calculator skills; ability to follow written instructions.

ANBTX encourages candidates fluent in English and Spanish to apply. Bilingual requirements will be specified in relevant job postings.

Equal Opportunity Employer

This employer complies with federal employment laws. For more information, review the Know Your Rights notice from the Department of Labor.