Mortgage Loan Originator

Status

Full Time

Title

Mortgage Loan Officer

City

Naperville, Bloomington, Peoria, Champaign, Milwaukee, Indy,  Monticello, and Danville

State

IL, IN, WI, MI

Description

Purpose:

This position is responsible for promoting the mortgage company to the community with emphasis on generating mortgage loans and services, and cross selling other bank products and services to establish new relations, and maintain and further current customer relations.

 

Essential responsibilities include:

 

  • Developing and managing a sales and marketing program to originate new mortgage relationships and expand existing relationships.
  • Promoting and cross selling  bank products and services.
  • Assessing customer’s financial needs and counseling and resolving inquiries accordingly.
  • Accepting loan applications and assisting applicants in completing them.
  • Submitting loans to investors after verifications of assets, liabilities, appraisals, employment , reference and credit checks.
  • Overseeing and assisting in loan processing; reviewing documentation for accuracy, including but not limited to, commitments and policies, payment of appraisals and flood certifications in accordance with organizational and regulatory policies and procedures.
  • Scheduling and participating in loan closings.
  • Developing relationships with real estate offices and speaking at community events with emphasis on promoting the organization and generating new business.
  • Monitoring and evaluating interest rate trends; determine bank mortgage rates; and distribute rate sheets.
  • Staying abreast of investor programs, products, rates and services through internal and external education and training.

 

Additional responsibilities include:

  • Staying abreast of bank policies and procedures by attending and successfully completing all mandatory corporate and departmental training. Inclusive of but not limited to Orientation, Annual Sensitivity Training and Compliance Training.
  • Other duties as assigned.

Requirements

Required Skills and/or Education:

  • Knowledge of mortgage and/or banking related practices and regulations consistent with that normally obtained through 3 years of education or training beyond high school or equivalent is required.  Skills and abilities sufficient to perform the essential functions--such as, basic mathematical calculations, customer service and marketing skills--are required.

 

Preferred Skills and/or Experience:

  • Approximately three years of experience in mortgage lending or a related field is preferred. Advanced knowledge of mortgage loan regulations and/or knowledge of related practices consistent with that normally obtained through a baccalaureate degree in finance, accounting, or a similar field is also preferred.

 

Avenue Mortgage