What are the responsibilities and job description for the Mortgage Loan Officer position at Polaris Home Funding Corp?
We are looking for a SEASONED Mortgage Loan Officer with experience establishing and maintaining Realtor/Client relationships. MLO will be expected to evaluate, authorize approval or deny loan applications for residential mortgage financing. MLO will be expected to communicate regularly with Realtors for loan Pre-Approvals, Client Status Updates, and weekly Pipeline Meetings. MLO will act as liaison between customers and our financial institution and you will help qualified applicants acquire loans in a timely manner. COMPANY PURCHASE & REFINANCE LEADS PROVIDED for the right candidate! We offer an Aggressive Compensation Package, as well as Full Benefits Available (401k, Health, Dental, Vision, Disability & Life Insurance) for full-time employees! We also offer aggressive pricing with access to a wide variety of mortgage products.
Responsibilities
- Evaluate credit worthiness by processing loan applications and documentation within specified limits
- Interview applicants to determine financial eligibility and feasibility of granting loans
- Determine all applicable ratios and metrics and set up debt payment plans
- Communicate with clients either to request or to provide information
- Justify decisions (approvals/rejections) and report on them
- Complete loan contracts and counsel clients on policies and restrictions
- Update job knowledge on types of loans and other financial services
- Maintain and update account records
- Assess customer needs, explore all options and introduce different types of loans
- Develop referral networks with realtors, financial planners and the like
- Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the underwriting process
- Οperate in compliance with laws and regulations and adhere to lending compliance guidelines
Skills
- Proven working experience as a mortgage loan officer
- Familiarity with computers and banking applications/software
- Solid understanding of lending products and practices
- Excellent communication and interpersonal skills
- Customer satisfaction orientation and sales competencies
- Ability to work in a goal oriented environment
- At least 2 years of residential mortgage experience
Job Type: Full-time
Pay: $50,000.00 - $500,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible schedule
- Health insurance
- Health savings account
- Life insurance
- Vision insurance
Schedule:
- 8 hour shift
Experience:
- Fair Housing regulations: 2 years (Required)
- Loan origination: 2 years (Required)
- Sales: 2 years (Required)
License/Certification:
- NMLS License or Federal NMLS registration (Required)
Work Location: Hybrid remote in Canal Fulton, OH 44614
Salary : $50,000 - $500,000