What are the responsibilities and job description for the JUNIOR MORTGAGE LOAN OFFICER position at Stock Yards Bank and Trust?
Job Description
Job Description
As a Junior Mortgage Loan Officer your day will be filled with opportunities to work with an experienced Mortgage Loan Officer to sell mortgage loan products through sales efforts with individuals, builders, realtors, and other contact groups. Stock Yards Bank will provide a professional environment to continually improve the candidate’s skills to further his / her career goals for advancement within the banking profession.
Responsibilities
Daily responsibilities include, but are not limited to, the following :
- Assist MLO with prequalification and maintaining relationship with borrower to convert to application
- Assist MLO by reviewing initial application, reviewing for accuracy and completeness, run AUS, review credit,
- Assist MLO by completing disclosures and schedule initial disclosure appointment with borrower if applicable
- Submit loan to setup within appropriate time frame
- Assist with phone calls directed to mortgage loan officer by directing the call to the appropriate department / person, taking a message, or assisting with call as applicable
- Place follow up calls to customers on behalf of loan officer, as applicable
- Schedule appointments and maintain loan officer calendar
- Manage referrals in S@YB to other departments
- Manage S@YB entries for sales calls and COI updates
- Work with processing and underwriting group to ensure customer contact and any conditions are handled in an appropriate timeframe
- Review pipeline and monitor return of initial application documents as well as initial required documentation
- Contact individuals, realtors and builders, attend chamber and other civic meetings to expand network contacts to generate sales
- Engage in marketing and promotional activities, such as giving presentations to groups, in an effort to generate sales
- Consult with customer to compile loan application in order to meet compliance guidelines while negotiating terms and conditions
- Collect, compile and analyze information for acceptability for approval for investor’s loan product
- Communicate with clients and potential clients, answering questions and providing information, acting as the primary point of contact from sale to closing
- Follow up closely with processor to ensure loans are closed timely
- Maintain up-to-date knowledge of FHA, VA, and conventional loan rules, regulations and guidelines through a combination of educational classes, correspondence courses, on the job training and investor web sites
Other Functions :
Job Requirements
The successful candidate will have the following qualifications :
Benefits
Physical Requirements
The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This position requires sitting the majority of the time with limited walking and standing. All work occurs indoors and within regular working hours. The noise level in the work environment is usually moderate.
