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BCU · 11 hours ago

Community Mortgage Loan Officer

Minneapolis, MN

Full-time

Hybrid

Senior Level

$40K/yr - $119K/yr

5+ years exp

BCU is a growing organization that empowers people to discover financial freedom. The Community Mortgage Loan Officer will support the community mortgage growth initiative by producing a minimum of $10M in annual production and building lasting relationships within the community and real estate sectors.

BankingFinancial Services

Growth Opportunities

Responsibilities

Generate mortgage loans from the defined community area by establishing and growing real estate agent relationships

Make weekly calls to well established agents in the community and perform lunch and learns to share BCU products and services

Daily use of Salesforce is expected to track all activity including current and future leads and opportunities

Establish strong working relationships with the operations team including processing, underwriting, and closing

Perform activities in support of new ILCRA expectations as defined by BCU Action plan to include outreach for Community Development, Housing Assistance and Down Payment Assistance programs in footprint

Maintain a high NPS score for all closed transactions

Thoroughly complete first mortgage loan applications in the MCP platform including collecting of income, assets, disclosures, ITP, any applicable LOX’s for credit etc

Ensure loan submissions are accurate, timely and profitable

Maintain a working knowledge of investor guidelines. Matrices and required LLPA’s

Consistently achieve monthly and annual sales and service goals, including NPS goals and eNPS

Apply current BCU lending fundamentals, policies, and procedures, including Regulations B and Z, Home Mortgage Disclosure Act and TRID

Provide fundamental credit counseling to members, where appropriate and necessary

Facilitate training and attend conference calls with the real estate brokerages

Comply with all applicable policies, procedures and regulations related to mortgage loan origination

Successfully complete all required registrations or certifications as needed i.e.: comply with safe act requirements including NMLS #

Promote the credit union mortgage products and services by hosting a minimum of 6 on-site seminars, webinars

Qualification

Retail mortgage lendingInvestor underwriting guidelinesMortgage loan originationSales skillsAnalytical skillsCommunication skillsWindows operating systemTelemarketing skillsPrioritization skillsMulti-tasking abilityBasic email proficiencyInternet proficiency