What are the responsibilities and job description for the Mortgage Loan Officer position at Magnolia Bank?
Magnolia Bank is a community bank that has served the surrounding area for over 100 years. Our footprint includes banking centers located in Central Kentucky, mortgage offices throughout the U.S. and over 300 employees. We hold ourselves to the highest standard when it comes to providing an excellent customer experience through our personal way and the nurturing of our employees’ personal and professional growth. We keep a fun, friendly and engaging atmosphere all while living the Magnolia Values of Honesty, Integrity, Confidentiality, Excellence and Professionalism every day. Magnolia Bank is a customer focused bank that empowers, encourages, and engages our employees. Being Adaptive and Innovative is one of the main reasons Magnolia Bank continues to prosper.
We are currently seeking applicants for Mortgage Loan Officer.
Qualified Candidates will be responsible for:
- Originating mortgage loans
- Complying with all Federal regulations concerning secondary market mortgage lending
- Providing customers with required documents to comply with bank regulations, including but not limited to Good Faith Estimates of closing costs, and other Real Estate Settlement and Procedures Act (RESPA) documents
- Develop business referral network through cold-calling, prospecting and local networking activities
Candidates must also have knowledge in:
- Bank’s secondary market policies and procedures
- Other bank policies and procedures as they apply to the secondary market lending function
- Secondary market lending process
- Investors’ guidelines
- State and federal regulations as they apply to secondary market mortgage lending
A high school diploma, minimum four years Secondary Market lending experience, working knowledge of Microsoft Word, Excel, email software and the use of the internet, and experience with Secondary Market software products such as LP & DU and DocMagic are required. College courses relating to business, finance, and insurance is preferred
This position will be required to travel to necessary meetings, appointments, etc. outside the branch work environment.
If you want a place to work with opportunities to grow and a place that feels like home-come join us!
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