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True Sky Federal Credit Union · 3 months ago

Real Estate Loan Officer

Western Branch, Oklahoma City, OK, US

Full-time

Onsite

Mid Level

3+ years exp

True Sky Federal Credit Union is a member-focused financial institution, and they are seeking a Real Estate Loan Officer to assist members with their Real Estate and Mortgage lending needs. The role involves analyzing loan requests, making credit decisions, and originating mortgage loans in compliance with relevant regulations.

BankingCreditFinancial Services

Responsibilities

Review and evaluate information on mortgage loan documents to approve or reject loan application and/or request additional information to make a decision of approval or denial. Establishes terms and conditions of an approved loan and reviews with member. Prepare and deliver to applicants all documents and required disclosures according to product requested meeting timing requirements

Market mortgage products and services to realtors, builders, and general public to originate mortgage loan applications. Participate in community and loan development activities

Evaluates acceptability of loan in accordance with the statutes, rules, procedures, policies, regulations and guidelines of the State of Oklahoma, Federal Government, and the Credit Union (the “Rules”). The Credit Union shall also provide regulations, policies, procedures, and guidelines as are promulgated by various government and investor agencies, including but not limited to FNMA, FHLMC, FHA, VA, FHLB, USDA, OSBD, NCUA and various other investors

Cross sells other Credit Union products and services

Prepares loan file and delivers to processor for processing, underwriting and closing

Responsible for maintaining a current working knowledge of all requirements above, will complete all annual training requirements, and will conduct himself/herself in accordance with all the Rules including without limitation the SAFE ACT and CFPB Reg G (12 CFR 1007.1 et seq.) and the Real Estate Settlement Procedures Act and CFPB Reg X (12 CFR 1024.1 et seq.)

Performs other duties as assigned

Qualification

Mortgage lending experienceSecondary marketNMLS registrationReal estate knowledgeTyping skillsPC proficiencyInterpersonal skills

Required

Three years to five years of similar or related experience

A two-year college degree, or completion of a specialized certification or licensing, or completion of specialized training courses conducted by vendors, or job-specific skills acquired through an apprenticeship program

Knowledge of the secondary market and experience with first and second mortgage residential real estate lending

Must be able to type, use PC and general office equipment including 10-key calculator

Must be eligible to register with the Nationwide Mortgage Licensing System & Registry (NMLS) and must maintain registration with NMLS as a registered Mortgage Loan Originator (MLO)

Work involves much personal contact with others inside and/or outside the organization for the purpose of first-level conflict resolution, building relationships, and soliciting cooperation

Discussions involve a higher degree of confidentiality and discretion, requiring diplomacy and tact in communication

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job

While performing the duties of this job, the employee is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop, kneel, crouch, talk and hear

The employee must occasionally lift and/or move up to 25 pounds

Specific vision abilities required by the job include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus

While performing the duties of this job, the employee is not exposed to weather conditions

The noise level in the work environment is usually moderate