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Self-Help Credit Union · 1 day ago

Mortgage Loan Officer

Greenville-Spartanburg-Anderson, South Carolina Area

Full-time

Onsite

Entry, Mid Level

2+ years exp

Self-Help Credit Union is committed to economic justice and creating ownership opportunities for all communities. They are seeking a Mortgage Loan Officer to develop mortgage loan business, assist applicants in the loan process, and ensure accurate processing of loans.

Banking

Responsibilities

Develop mortgage loan business through continual identification, development, and maintenance of a quality network of business relationships that serves as a recurring source of referrals for new mortgage lending opportunities. This network may consist of Real Estate professionals, builders, and professional contacts, as well as other valuable referral sources

Meet with loan applicants to discuss viable mortgage options, counsel on credit and budget, develop roadmap and process for mortgage approval and assist with the loan application process

Achieve productivity goal as set forth by manager

Prequalify loan applicants by examining all borrower information and documentation, assessing creditworthiness, adequacy of income, credit and collateral and calculating repayment risk

Determines the maximum purchase price/loan amount based on borrower data. Approve or deny real-estate loan applications that do not meet pre-qualification standards and explain reasons for denial

Gather and review necessary data to complete the loan review process including credit bureau reports; verifying debts and estimating monthly payments for any outstanding debts not listed on application and ensuring they are added to application

Prepare mortgage loan application and documentation for underwriting and closing

Ensure that each real-estate loan is processed accurately, troubleshoot any issues that may arise during the processing period, and maintain communication with borrower throughout processing period, as needed

May oversee responsibilities of Mortgage Loan Assistant

Qualification

Mortgage lending experienceNMLS certificationAnalytical skillsNetworking skillsBilingual (English/Spanish)TeamworkCollaboration

Required

High School diploma or equivalent

Ability to represent Self-Help in networking functions and to develop and maintain key realtor and other relations that generate attractive loan/borrower referrals

Strong analytical and quantitative skills and ability to independently handle loan applications and assess borrower ability to successful repay loans

Ability to secure and maintain NMLS certification