What are the responsibilities and job description for the Loan Officer Assistant position at Community First Bank?
At Community First Bank and HFG Trust, our mission is to be Your Financial Partner for Life. To us, that means delivering all of your financial needs under one roof and offering a diverse range of services. Committed to innovation, we're constantly exploring new solutions to revolutionize the way you manage your finances. Your financial well-being is our priority, and we're here to elevate your experience every step of the way.
We treat our team just as we do our clients: with a high level of respect and appreciation. This has created a culture where our entire team is committed to the long-term objectives of the organization and, most importantly, to being an organization they are proud to be a part of and personally choose to do business.
We offer a safe, fun, and rewarding place to work with ample opportunities to learn and grow. We facilitate an environment of freedom, respect, mentoring, and fulfillment.
Job Description Summary:
This position is responsible for assisting Mortgage loan officers in performing duties related to FHA, VA, USDA, and Conventional mortgage loan applications. Responsible for knowing secondary market requirements and reviewing loan data for compliance. This position provides assistance to clients inquiring or requesting a mortgage loan.
Job Description:
STATEMENT OF EXPECTATIONS:
Community First Bank/HFG Trust expects all employees to comply with the responsibilities of their assigned position to the highest degree of performance by:
- Adhering to the Company’s policies and supporting Management decisions and goals in a positive, professional manner.
- Representing the Company with a high level of integrity and professionalism.
- Maintaining knowledge and understanding of banking rules, regulations, laws, and all policies and procedures pertaining to them including but not limited to, the Bank Secrecy Act (BSA) Regulation E and Regulation CC.
- Demonstrate a willingness to adapt to changing business needs and deadlines.
- Possessing a work ethic that includes neatness and dependability.
- Exhibiting a professional, business-like appearance and demeanor.
ESSENTIAL DUTIES:
- Orders titles, appraisals, employment and deposit verifications.
- Verifies, compiles, and types application information for mortgage loans: Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment.
- Works closely with Mortgage loan officers and clients to compile complete applications.
- Processes the documents received for each file, verifying the accuracy and completeness of each document.
- Helps Prepare files for underwriting per submission guidelines.
- Reviews loan files to ensure compliance with guidelines and accurately inputs information into Point or Loan Origination system by investor.
- Assists Mortgage loan officer in preparing commitment letter(s), denial letter(s) and canceling files when necessary.
- Uploads loan data information to 3rd party lenders and completes the submission of packages.
- Works closely with loan officers to meet underwriting conditions and may be asked to contact the client.
- Assists Mortgage loan officer with business development.
- Performs other duties as assigned.
EDUCATION AND EXPERIENCE REQUIREMENTS:
- High school diploma or equivalent required.
- 1-3 years of related bank experience.
- 2-4 years of loan experience, with prior mortgage processing experience desired.
- May be required to register for and obtain NMLS ID # and is responsible for maintaining registration as required.
KNOWLEDGE, SKILLS AND ABILITIES:
- Knowledge of mortgage loan programs, loan documentation and compliance.
- Ability to organize projects, priorities and time management.
- Critical level of attention to detail.
- Excellent communication and marketing skills.
- Problem solving/analytical skills are required.
- Computer literacy, specifically with Microsoft Office products (Excel, PowerPoint, Word) and data entry abilities.
WORK CONDITIONS:
The physical demands described below are representative of those that must be met by an employee to successfully perform the essential functions of the job. The work environment characteristics described are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Environment:
- Work requires regular attendance, punctuality and adherence to agreed-upon schedule(s) with willingness to work a flexible and/or rotating schedule, and/or extended hours, as needed.
- Climate controlled office environment.
- Work involves being able to concentrate on the matter at hand, under sometimes distracting work conditions and frequent employee and customer contacts and interruptions during the day.
Physical:
- While performing the duties of this job, the employee is often required to: sit; use hands in repetitive motions to finger, grasp, handle or feel; and talk or hear. The employee is occasionally required to: stand; walk; and lift or reach with hands and arms.
- Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management.
- Specific vision abilities required by this job include: Good visual acuity to read print and computer screens.
Compensation Range:
$21.00 - $31.00
Equal Opportunity Statement
Community First Bank & HFG Trust provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Community First Bank & HFG Trust provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
Salary : $21 - $31
