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Sunward · 2 months ago

Mortgage Loan Officer - Outside Sales

Arizona, Colorado, Nevada, New Mexico

Full-time

Onsite

Mid Level

$40K/yr - $40K/yr

3+ years exp

Sunward is seeking a Mortgage Loan Officer who will be responsible for originating, reviewing, and evaluating mortgage loan applications. The role involves self-sourcing mortgage applicants, providing financial counseling, and ensuring compliance with regulations while delivering an excellent member experience.

BankingFinancial ServicesNon Profit

Comp. & Benefits

Responsibilities

Assist in growing the credit union membership by self-sourcing mortgage applicants by working closely with referral partners such as Realtor, Builder, and other trade organizations

Interview and process mortgage loan requests by appointment, web application, phone, and walk-in

Evaluate credit worthiness

Analyze supporting documentation (e.g. paystubs, W-2‘s, tax returns, asset documents, etc.)

Use credit reports and supporting documentation to verify accuracy of application

Review purchase agreements, warranty deeds, real estate contracts and other property related documentation provided by the borrower or real estate professional

Disclose loan applications accurately, and in a timely manner, remaining in compliance with all State and Federal Regulations

Provide sound reasoning for approval or denial of the loan application that is documented in Loan notes and with supporting documentation

Provide a superior member experience by:

Actively listening to and assessing needs of the member and non/member

Explaining the features and benefits of targeted products and services

Offering targeted solutions to meet the members needs

Educate and advise members of financial planning, credit worthiness, underwriting guidelines, interest rates and products. Provide sufficient information so that the member can make an educated decision on the product and rate chosen

Strive to exceed the Credit Union’s service and sales goals through the development and maintenance of member relationships

Cross-sell consumer and commercial products to members, when appropriate

Develop external relationships with realtors and builders

Participate in mortgage seminars, Realtor on Duty and CU Realty functions, and other events as requested

Follow up with attendees to develop additional relationships and loans

Meet or exceed annual department origination goals as set by Management

Complete all steps required to register and renew, yearly, with Nationwide Mortgage Licensing System and Registry (NMLS). Ensure that all personal data is kept up to date with NMLS. Complete SAFE Act training as required by the Credit Union

Attend schools, seminars and other types of training to further expand and enhance product knowledge

Perform other duties as requested by management

Qualification

Mortgage loan originationMortgage lending regulationsMortgage products knowledgeMicrosoft Office proficiencyAnalytical skillsInterpersonal skillsVerbal communicationWritten communicationOrganizational skillsProblem-solving skillsTeamwork

Required

Minimum three years' experience originating mortgage loans

Minimum of HS Diploma or GED equivalent

Thorough understanding of mortgage lending fundamentals and regulations

Strong knowledge of mortgage products

Excellent interpersonal skills

Strong verbal and written communication skills

Ability to communicate lending related topics clearly and succinctly to others

Excellent organizational skills and attention to detail

Strong proficiency with Microsoft Office applications

Familiar and comfortable with information technology, particularly digital means of communication

Strong organizational skills in managing multiple initiatives

Strong analytical and problem-solving skills

Ability to work individually and as a team

Ability to keep and maintain pass requirements for SAFE ACT

Current registration with the Nationwide Mortgage Licensing System (NMLS) or ability to become registered upon employment

Prolonged periods of sitting at a desk and working on a computer

Frequent travel

Must be able to lift 5 pounds at times

Company

Sunward

Sunward, formerly known as Sandia Laboratory Federal Credit Union (SLFCU), is one of New Mexico’s largest credit unions, serving over 160,000 members and managing more than $4.1 billion in assets.

Founded in 1948

Albuquerque, New Mexico, USA

501-1000 employees