What are the responsibilities and job description for the Mortgage Loan Specialist position at Idaho State Job Bank?
Mortgage Loan Officer Job Description
At Idaho State Job Bank, we are seeking a highly motivated and experienced Mortgage Loan Officer to join our team.
Key Responsibilities:
- Develop and maintain knowledge of loan products, policies, procedures, and underwriting requirements.
- Collect and analyze customers' financial and credit information to determine mortgage financing options.
- Complete a quality loan application using Encompass, securing a locked interest rate as quoted to the client, ensuring the borrower qualifies for the loan program, collecting all supporting documentation, and handling any problems that arise during processing that may jeopardize the loan approval.
- Deliver an extraordinary client experience by listening first and staying in complete and honest communication with clients both verbally and through written or electronic means.
- Review active loan files each day to determine if any documents are missing or what can be done to help the process move along.
- Develop and grow successful relationships with business referral sources and generate leads to gain new clients.
- Maintain NMLS registration and eligibility.
- Adhere to the minimum required production standards as communicated by mortgage management.
- Follow industry news and information, be involved in the community, and represent the bank in a professional manner.
- Attend company sales meetings, trainings, and bank-sponsored events.
- Maintain confidentiality and discretion over sensitive information.
- Comply with and follow all applicable policies and procedures as well as governing laws and regulations.
Requirements:
- 2 Years of experience working in finance, banking, or mortgage lending.
- Associates Degree in business or related field or equivalent combination of education and experience.
