What are the responsibilities and job description for the Assistant Mortgage Originator position at Navigant Credit Union?
ABOUT:
People helping people. That's what a credit union, and in particular Navigant Credit Union, is all about. Our mission is to improve the financial well-being of the families, businesses, and communities we serve, and have been since our founding in 1915.
Now at more than $3 billion in assets, Navigant Credit Union is among the largest credit unions in Rhode Island, yet still maintain our community-driven values.
Those values-and our belief in putting people first-are just a few of the reasons why Navigant Credit Union has been named "Rhode Island's Best Place to Work" year-after-year by the Providence Business News.
Our Core Values consist of "Leadership, Unity, Caring, and Integrity" are the guiding principles for our organization. They are the qualities and/or traits that we consider a high priority for Navigant Credit Union employees.
Our company prides itself on demonstrating community-based values and investing in our workforce, while exceeding member expectations. We offer tremendous opportunities for professional development, career advancement, and a best-in-class benefits package including a rich medical and dental plan, vision benefits, a robust 401(k) with a generous employer match, tuition reimbursement, competitive salaries, paid volunteer days, and opportunities to give back to the community.
If you believe you'd be a great fit, and are interested in joining our team, check out our open positions and apply today!
ABOUT THE ROLE:
Assists in the origination of residential mortgage loans that meet established lending requirements and provide maximum profitability to the credit union at minimum risk. Assist applicants in securing a loan by explaining process, disclosing, and collecting documents.
WHAT YOU WILL DO: (in descending order of importance)
1. Discuss options with mortgage loan officer/ MLO to make a recommendation of which home loan products are best suited depending on applicant's financial status.
2. Educate loan applicants about various residential mortgage loans - answer questions and provide additional information to create personal relationships.
3. Monitor sales pipeline, meet sales expectations, get referrals, and generate new business opportunities.
4. Assemble financial information to assist with loan applications, prepare loan files, and assess applicants' financial situation and eligibility.
5. Interface between loan processor, mortgage loan originator, underwriter, closers and realtors on behalf of the applicant as needed to ensure a successful loan transaction.
6. Support Loan Officers with new and past clients to lock loans and increase monthly production.
7. Interviews loan applicants, complete 1003 application including collection of related data to determine the general creditworthiness of the applicant and the merits of the specific loan request.
8. Ensure that all forms and disclosures are reviewed, checked for accuracy, and completed; and that all procedures, policies, applicable laws and regulations are followed.
9. Maintains high level of member service while managing each applicant's and support staff's expectations.
10. Attends and participates in all Residential Lending meetings as required by management.
11. Cross-sell the Credit Union product and services to members
12. Complete other duties as assigned.
QUALIFICATIONS:
Education
Minimum Associates Degree and/or professional experience in related field or professional coursework in residential lending.
Experience/Skills/Knowledge:
- Professional, well-developed interpersonal skills essential for interviewing loan applicants, promoting loan products and services, and projecting a positive image on behalf of the Credit Union.
- Knowledge of lending policies and procedures, credit granting criteria, applicable lending laws and regulations as they apply to residential mortgage loans in a credit union setting.
- Knowledge of all credit union mortgage product guidelines: including, but not limited to, all secondary market and vendor/investors
- Must possess a valid driver's license and have a good driving record as well as a dependable personal motor vehicle.
- Excellent verbal, written, telephone and interpersonal communication skills.
- Intermediate mathematical skills required for calculating loan rates and payment schedules
- PC proficient including Microsoft Office (Word, Excel, Outlook) and the Internet.
- Extensive telephone work involved.
- Ability to manage multiple priorities/projects simultaneously.
- Ability to function in a financial institution branch/office environment and utilize standard office equipment including but not limited to: PC, fax, copier, telephone, etc. Ability to lift a minimum of 25 lbs.
