Loan Officer

Inform prospective loan clients of the banks underwriting guidelines and applicable government regulations, screen loan request, complete loan application and all preprocessing, etc.

Duties/Responsibilities:

• Solicits first mortgage loans, consumer loans and commercial loans. Informs prospective loan clients of the financial institution's underwriting guidelines and applicable government regulations.
• Personally interviews all loan applicants.
• Completes each loan application and all pre-processing functions in a timely manner to permit the good faith estimate to be mailed within the requested three-business day period.
• Screens loan requests based on financial institution policies and on types of loans offered by the institution.
• Request appraisal orders, orders credit reports, background checks, reference checks and other information as needed on residential loan applicants.
• Researches new legislation and regulations that may affect the financial institution's residential lending policies. Ensures compliance with new rules by advising senior management and implementing appropriate changes.
• Actively promotes the bank's deposit and loan products with a goal to obtain the complete banking relationship
• Personally answers incoming phone calls and schedules appointments.
• Communicates complex approvals or denials to the borrower, real estate agent or builder. Maintains and submits a source-of-business log monthly to supervisor.
• Distributes market data, rate flyers and general loan information to the real estate community as directed by financial institution management.
• Promotes and participates in the financial institution's special credit programs and other CRA programs.
• Actively participates in local business and community activities and maintains close contact with local builders, real estate brokers and agents, customers and prospects.

Goals & Objectives:

• Participate in FFNB sponsored events.
• Complete all assigned training courses on time.

Required Skills/Abilities:

• Effectively communicate with customers and co-workers while ensuring confidentiality of information.
• Ability to work with others and demonstrate self-reliance and resourcefulness.
• Maintain knowledge of trends, best practices, regulatory changes, and new technologies in banking.
• Good sales, organizational, managerial and interpersonal skills.
• Good oral and written communication skills

Physical Requirements:

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift up to 15 pounds at times.
• Must be able to travel at times.

Equal Opportunity Employer including disability/vets

Member FDIC