First Bank · 1 week ago
Residential Loan Officer
New Jersey, United States
Full-time
Onsite
Mid Level
$75K/yr - $85K/yr
3+ years expFirst Bank is focused on hiring talented individuals with strong work ethics. The Residential Loan Officer is responsible for generating residential mortgage loan production and guiding borrowers through the loan process while ensuring compliance with relevant regulations.
BankingFinancial Services
Hiring Manager
Daniel Kiernan
Responsibilities
Originate residential mortgage loans through proactive outreach to internal partners and external referral sources
Develop and maintain relationships with realtors, builders, attorneys, financial advisors, and other referral partners
Guide borrowers through the loan process, from application to closing, ensuring a smooth and compliant experience
Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans
Originate residential mortgages under sound quality control lending practices to mitigate risk
Monitor an existing loan portfolio to minimize loan delinquencies
Maintain thorough knowledge of current mortgage products, underwriting guidelines, and pricing strategies
Ensure compliance with TRID, RESPA, and other applicable federal and state regulations
Utilize Encompass loan origination system to manage loan files, reports, and file documentation
Collaborate with processing, underwriting, and closing teams to ensure timely and accurate loan fulfillment
Stay informed on industry trends, regulatory changes, and market conditions
Qualification
Required
Minimum of 3 years of experience in residential mortgage loan originations
Proven track record of successful sales and relationship management
Strong understanding of TRID and RESPA compliance requirements
Excellent communication, interpersonal, and organizational skills
Ability to work independently and as part of a team in a fast-paced environment
NMLS registration required
Preferred
Experience with Encompass loan origination system
Correspondent loan sale experience
Working knowledge of DU (Desktop Underwriter) and/or DO (Desktop Originator)
Knowledge of Fannie Mae loan programs
Benefits
Health and dental insurance
Life insurance
Short term and long term disability
The Bank's 401k Plan
Company
First Bank
First Bank is the personal and business banking.
51-200 employees
Funding
Current Stage
Public CompanyTotal Funding
$35M2025-06-18Post Ipo Debt· $35M
2007-04-02IPO
Leadership Team
Patrick L Ryan
President and Chief Executive Officer
David Lidster
CTO
Recent News
2025-07-22
2025-07-03
2025-01-02
Company data provided by crunchbase