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First Bank & Trust · 23 hours ago

Mortgage Loan Officer II

Edina, MN

Full-time

Onsite

Mid Level

$35.74/hr - $48.25/hr

4+ years exp

First Bank & Trust is seeking a Mortgage Loan Officer II to originate and manage complex mortgage loans that meet lending requirements while maximizing profitability and minimizing risk. The role involves soliciting potential customers, determining creditworthiness, and providing ongoing customer service to ensure retention and cross-selling of bank products.

BankingFinancial Services

Responsibilities

Seek, identify, and solicit potential mortgage loan customers, to enhance a sales culture within the Mortgage Lending Department, while maximizing profitability and minimizing risk to the bank

Interview mortgage loan applicants in order to assemble the information needed to make a credit decision as required by Loan Policies and Guidelines, industry standards, and consumer compliance regulations

Determine creditworthiness of applicants by analyzing credit information and appraisals, referring to lending authority as required by Loan Policies and Guidelines and industry standards

Ensure the complete collection of all mortgage loans extended by monitoring past-due reports, assisting the Mortgage Loan Servicing Department on collection efforts, using all legal means as required by Loan Policies and Guidelines

Remain current on industry products and developments, ensuring the bank’s ongoing competitive advantage

Provide ongoing customer service to ensure customer retention and continued cross-selling of other bank products and services

Assist correspondent banks, affiliates, and other FBT banks with originating and closing mortgage loans

Attend all loan meetings as deemed appropriate or directed by the Mortgage Lending Department Manager to participate in decisions that affect ongoing and future operations of the loan function

Provide guidance and assistance to the other Mortgage Department Staff

Act in accordance with FBT policies and procedures as set forth in the employee handbook

Adhere to compliance procedures and participate in required compliance training