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First Mid · 3 months ago

Mortgage Loan Officer II

Champaign, IL

Full-time

Onsite

Mid Level

First Mid is a financial institution seeking a Mortgage Loan Officer II to produce a high volume of quality consumer and real estate loans. The role involves interviewing loan applicants, conducting loan closings, managing loan portfolios, and developing business relationships for mortgage lending opportunities.

BankingFinanceFinancial ServicesInsurancePersonal FinanceWealth Management

Responsibilities

Interviews loan applicants explaining loan options, rates, terms and collateral requirements; gather the required information to provide a complete application to the appropriate loan processor

Conducts loan closings. Ensures all documents are appropriately signed and all underwriting conditions are met. When necessary, takes all steps necessary to perfect the Bank’s lien position

Disburse funds on construction and home improvements loans in accordance with Bank guidelines

Manages and supervises individual loan portfolios. Develops and maintains existing customer base and build customer satisfaction and confidence in the Bank

Maintains the asset quality of lending portfolio

Assists other loan officers with underwriting questions or program information

Proactively identify, develop and maintain a quality network of business relationships with Realtors, Attorneys and other professional contacts that serve as a source of referrals for new mortgage lending opportunities

Cross-sell bank products and services in a professional manner

Completed required training associated with job function

Performs other related duties as assigned

MLOs are expected to be accessible to clients and referral partners outside of standard business hours, including evenings and weekends as necessary

Qualification

Loan analysisCustomer serviceInterpersonal skillsDirect marketingRegulationsCross-selling skillsManagement skillsOrganizational skills

Required

Bachelor's degree preferred or equivalent advanced training in a financial institution or loan setting

Must register and maintain a status in good standing under the SAFE Act requirements

High level of interpersonal skills to interact with customers and potential customers in a professional manner

Ensure exceptional customer service by maintaining thorough knowledge of lending programs, policies, procedures, and regulatory requirements

Interpersonal skills necessary to establish and maintain effective working relationships with coworkers, other business areas and government agencies as required

High level of direct marketing skills necessary, as regular and ongoing direct marketing is required in order to establish relationships with referral sources and identify networking opportunities

High level of analytical skills to conduct loan analysis and maintain loan's progress in consideration of market trends, credit/interest rates, economic conditions and other factors

Good understanding and knowledge of Company's products and services

Good cross-selling, management and organizational skills

Adequate knowledge of both internal policies and procedures and the respective state and federal laws and regulations governing departmental functions to ensure performance of individual job duties within the proper control environment