Magnolia State Bank · 5 months ago
Mortgage Loan Officer
Magnolia State Bank is a community bank that has served the surrounding area for over 100 years, focusing on providing an excellent customer experience while nurturing employee growth. They are currently seeking a Mortgage Loan Officer responsible for originating mortgage loans, complying with regulations, and developing a business referral network.
BankingFinancial Services
Responsibilities
Originating mortgage loans
Complying with all Federal regulations concerning secondary market mortgage lending
Providing customers with required documents to comply with bank regulations, including but not limited to Good Faith Estimates of closing costs, and other Real Estate Settlement and Procedures Act (RESPA) documents
Develop business referral network through cold-calling, prospecting and local networking activities
Qualification
Required
High school diploma
Minimum four years Secondary Market lending experience
Working knowledge of Microsoft Word, Excel, email software and the use of the internet
Experience with Secondary Market software products such as LP & DU and DocMagic
Knowledge in Bank's secondary market policies and procedures
Knowledge in Other bank policies and procedures as they apply to the secondary market lending function
Knowledge in Secondary market lending process
Knowledge in Investors' guidelines
Knowledge in State and federal regulations as they apply to secondary market mortgage lending
Preferred
College courses relating to business, finance, and insurance
Company
Magnolia State Bank
Since its inception, the bank's primary mission has been to serve the banking needs of the people in the counties and surrounding communities where Magnolia State Bank is located and this continues to be the primary driving force behind the bank today.
Funding
Current Stage
Early StageCompany data provided by crunchbase