Mortgage Loan Officer

Company: Credit Union Resources, Inc.
Location: Virginia Beach
Posted on: March 24, 2020

Job Description:

The ideal candidate will perform a variety of responsibilities relating to the sales and origination of real estate lending products in accordance with regulatory requirements and established policies and procedures. This position will be based in a community-focused branch with leads developed through community network and branch referrals and is expected to maximize the exposure of Real Estate Lending within the branch and in the surrounding community. Responsibilities Develops, maintains and solicits residential first mortgage loan business thru effective relationships with real estate agents, community organizations (such as local Chamber of Commerce and Board of Realtors) and other referral sources (such as financial planners, attorneys, builders) to promote awareness of CU's products and services. Guides new and existing members, including first-time homebuyers, through the application process. Conducts person to person interviews with members who request an appointment for a mortgage loan and completes the application for the member during the interview. Counsels applicants on credit, affordability and conducts pre-qualification analysis. Explains rate, terms, payment amounts and closing costs to the member. Develop and present real estate financing related seminars and workshops at the branch and other locations. Follow up with interested parties for pre-qualification, general mortgage counseling, and score enhancement when appropriate. Actively manage the loan pipeline and provide consistently and timely follow up to members to ensure minimum turnaround time and enhance the members' experience. Provide activity reports to the AVP of Mortgage Sales as requested or required. Complete all necessary loan data in MortgageBot POS & LOS as required, meet all compliance deadlines and requirements and work with Processors and Underwriters to achieve a timely and efficient approval and closing process. Experience Must have three to five years of verifiable, successful expertise in Real Estate Loan origination (or applicable sales related experience) with a working knowledge of all state and federal (Fannie Mae and VA guidelines) mortgage regulations. Education/Certifications/Licenses A two-year college degree. Must become registered Mortgage Loan Originator (MLO) with the National Mortgage Licensing System (NMLS).

Keywords: Credit Union Resources, Inc., Virginia Beach , Mortgage Loan Officer, Other , Virginia Beach, Virginia