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Marine Credit Union · 1 day ago

Mortgage Loan Officer- Sheboygan/ West Bend/ Fond du Lac. 6 Month Guaranteed Bonus

Sheboygan, WI

Full-time

Onsite

Mid Level

Marine Credit Union is seeking a Mortgage Loan Officer to provide information on mortgage products and services to members. The role involves evaluating loan applications, promoting credit union services, and ensuring compliance with regulations while delivering exceptional member service.

Financial Services

Responsibilities

Interview mortgage loan applicants. Assist member in completing loan applications over the phone and/or electronically

Collate, analyze, and evaluate information & documentation in support of loan applications

Evaluate borrower Character, Collateral, Capacity to Repay, and Credit position as a part of loan decisioning process based upon individual circumstances

Calculate debt-to-income ratios, collateral needs, and payment plans on loan applicants

Correspond with members, applicants, and creditors to resolve questions regarding application information

Visit community and business contacts to promote and sell MCU’s services and develop lending business successfully

Provide information on portfolio mortgage loan products that best meet the member’s individual needs and circumstances

Recommend the structure of loan pricing, terms, and amounts for individual borrowers

Recommend loan approval/denials, counteroffers, and deviations from typical loan structure and pricing

Prepare loan documentation for underwriting and processing, ensuring it is complete and accurate. Manage loan closing process with customers

Consult with members and the public about asset purchase, credit management, budgeting, debt restructuring, and financial planning issues

Notify applicant of loan decision. Inform prospective borrowers of loan commitments

Review regulations as they apply to installment loan security agreements

Assist members with making payment arrangements on loans

Interact with members and the public to solicit loan applications. Network with community contacts to promote mortgage loan business growth

Partners with other staff by passing opportunities to develop additional lending and deposit business to them as opportunities arise and following up on mortgage leads passed from other employees

Work successfully with other departments to ensure proper process, record retention, and information gathering best practices and procedures are followed

Promote other Marine Enterprise products and services

Provide exceptional member service to our members

Abide by all applicable policies, procedures, and regulations

Work proactively to build relationships necessary to meet set goals for the position

Effectively assist members and the public through the loan application and approval process, educating them about loan issues as needed

Effectively prepare loan documentation for processing, ensuring it is complete and accurate

Assist in managing risk through diligence in the information gathering process

Provide timely, service-oriented feedback to applicants regarding the status of their loans

Perform assigned loan prospect and delinquency calls to assist in meeting goals for the position

Have access to transportation on demand to be able to travel to client and vendor appointments out of office as needed

Qualification

Mortgage loan application processFinancial analysisLoan pricing recommendationsBusiness developmentConsumer lending experienceMS-Office proficiencyCustomer service experienceNetworking experienceProblem-solving skillsCommunication skills