What are the responsibilities and job description for the Mortgage CRA Loan Officer position at First Mid-Illinois Bancshares?
Responsibilities include, but are not limited to :
- Interviews loan applicants explaining various loan options, rates, terms, and collateral requirements to select the program that best fits their financial goals and needs.
- Gather the required supporting information to provide a complete application.
- Manage pipeline from origination through closing.
- Works closely with the processor and underwriter to address any underwriting issues timely to achieve a timely loan closing.
- Conducts loan closings. Ensures all documents are appropriately signed and all underwriting conditions are met. When necessary, takes all steps necessary to perfect the Bank’s lien position.
- Self-source loans through established referral partners, community organizations, housing agencies, local business leaders, realtors, and other referral sources.
- Promote home ownership focusing on properties located in LMI & MMA census tracts.
- Coordinate and conduct home-buying training seminars for potential CRA and multicultural origination mortgage applicants.
- Partner with community, non-profit and government agencies focused on affordable housing programs or minority communities.
- Disburse funds on construction and home improvements loans in accordance with Bank guidelines.
- Manages individual loan portfolio.
- Maintains the asset quality of individual lending portfolio. Reviews delinquency reports and perform routine follow up with past due customers. When necessary, works with Bank’s Special Assets Department in coordinating collection efforts.
- Consistently achieves volume and / or unit production targets.
- Cross-sell bank products and services in a professional manner.
- Completed required training associated with job function.
- Performs other related duties as assigned.
Qualifications Education :
Skills :
