What are the responsibilities and job description for the Mortgage Loan Officer position at Share Advantage Credit Union?
Overview
We are seeking a dedicated and detail-oriented Mortgage Loan Officer to join our dynamic team. In this role, you will be responsible for guiding members through the loan application process, assessing their financial needs, and providing tailored solutions that align with their goals. The ideal candidate will possess strong analytical skills, excellent member service abilities, and a comprehensive understanding of mortgage and lending services and loan processing.
Responsibilities
- Evaluate members' financial situations and recommend appropriate loan products.
- Assist members in completing loan applications and gathering necessary documentation.
- Process loan applications in compliance with company policies and regulatory requirements.
- Collaborate with lending staff to ensure timely approval of loans.
- Maintain communication with members throughout the loan process to provide updates and address any questions or concerns.
- Utilize lending software to process loans and manage member accounts.
- Conduct financial sales presentations to potential members, highlighting the benefits of various loan options.
- Stay informed about industry trends, regulations, and changes in mortgage and lending servicing practices.
Skills
- Proficiency in lending software to manage financial data effectively.
- Strong member service skills to foster positive members relationships.
- Knowledge of mortgage servicing processes and FNMA guidelines.
- Experience in loan processing with a focus on accuracy and compliance.
- Excellent mathematical skills for calculating loan terms and payments.
- Familiarity with contracts related to lending agreements.
- Basic math skills for everyday calculations related to loans and interest rates.
- Proven track record in financial demonstrations with the ability to close applications.
- Ability to collaborate effectively with team members across various departments.
Join us as a Mortgage Loan Officer and play a crucial role in helping our members achieve their financial dreams through effective lending solutions.
Job Type: Full-time
Pay: $65,000.00 - $75,000.00 per year
Benefits:
- 401(k) 4% Match
- Dental insurance
- Health insurance
- Life insurance
- Opportunities for advancement
Schedule:
- Monday to Friday
Work Location: In person
Salary : $65,000 - $75,000