What are the responsibilities and job description for the Mortgage Originator and Business Loan Specialist position at Maine Family FCU?
Maine Family Federal Credit Union is seeking a motivated, positive, and outgoing individual to join our team. As a Mortgage Loan Originator and Business Specialist, you will play a dual role in assisting clients through the mortgage loan process while also driving business growth and developing relationships with key partners. You will be responsible for originating new mortgage loans, ensuring compliance with regulatory requirements, and providing expert advice to clients on suitable mortgage products.
KEY RESPONSIBILITIES
Business Lending:
- Work with NDBS to approve or deny business loan applications within lending authority and ensure that sound analysis and lending procedures are followed. Act in compliance with policies, procedures, and regulations.
- Actively cultivate relationships with existing and potential business members through outreach, networking, and regular communication to identify loan needs and opportunities.
- Conduct loan interviews with business members to gather background information, understand business operations, and understand the specific needs of member businesses.
Mortgage Lending:
- Develop mortgage loan business through member seminars, realtor relationships, and contractors. Answer member rate inquiries and mortgage questions.
- Explain the different loan products and their approval requirements, and help members navigate through the mortgage process from application to closing, providing guidance and education along the way. Provide clear and ongoing communication with all parties throughout the loan process.
- Approve, Deny, or Counter-Offer open-end and closed-end mortgage applications according to the lending authority delegated by policy. Coach and educate denied applicants for future approval.
- Review the completed file for accuracy once the appraisal, title, verifications, and final payoffs have been received. Prepare file for closing. Conduct closing (or work with third-party closing agent) with members and ensure all required documents are signed, clearly explained to borrowers, and acknowledged.
SKILLS AND QUALIFICATIONS
- Effective oral and written communication skills
- Interpersonal skills to allow you to effectively communicate, interact, and build positive working relationships
- Organizational, time management, and prioritization skills
- Strong attention to detail
- Problem-solving skills
- Advanced knowledge of federal regulations
- Decision-making and critical thinking skills
- Ability to work effectively within a team to achieve shared goals
- Maintain a positive and professional demeanor
- Willingness to learn new concepts to grow and advance
Comprehensive benefits package including medical, dental, vision, short/long term disability, paid time off, life insurance, and 401K with company match.
For more information or to apply, please send a resume to Shantel Fournier, AVP of Mortgages and Business Lending, at sfournier@mainefamilyfcu.com.