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Equity Resources, Inc · 4 days ago

Mortgage Specialist (Loan Officer/Originator)

Newark, OH

Full-time

Hybrid

Mid Level

3+ years exp

Equity Resources, Inc. is a privately owned and operated mortgage bank headquartered in Newark, Ohio. They are seeking an experienced Mortgage Loan Officer responsible for originating residential mortgage loans and developing relationships with internal and external sources, while ensuring a high level of customer service throughout the loan process.

Financial ServicesMortgage

Responsibilities

Developing referral contacts (realtors, builders, professional and personal contacts)

Maintaining knowledge of available loan products, processing procedures, and underwriting and general departmental guidelines

Utilizing the computer for communication and access of daily rates, applicant credit reports, automated underwriting responses, and transmitting the loan to Equity Resources

Obtaining client information for loan applications and answering questions about the process

Analyzing applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans

Determining the appropriate Investor, rate, and fee structure, then selling this package to customer and modifying where applicable to obtain a final commitment from the customer

Consistently maintaining files that include benefits of the new loan, needs of the customer, and options when feasible

Communicating with company and/or applicants in providing timely updates and progress reports

Attending meetings (face-to-face) with the customer at a company office, Realtors office, or customer’s home

Collecting appropriate documentation from each applicant, examining for accuracy, and delivering loan packages within the timely standards

Managing pipeline for all originated loans through closing and completing required management reports

Maintaining high levels of customer service while managing each applicant's and support staff's expectations

Adhering to all Federal and State regulations

Conferring with underwriters to aid in resolving mortgage application problems

Resolving customer complaints

Organizing and orchestrating the loan closing--closing a specified number of loans per month

Supporting the Company’s strong relationship of 'raving fan service' culture through on-going customer contact, quality customer service, and superior product knowledge

Qualification

Mortgage Loan OriginationState Mortgage LicenseResidential Mortgage ProcessingFederal Lending RegulationsSales TechniquesMathematical SkillsOrganizational SkillsCommunication SkillsTeamwork Skills

Required

Minimum of 3 years' applicable experience as a Licensed Mortgage Loan Officer/Originator

Possession of existing applicable state specific mortgage banking license (or ability to pass National and State required testing to obtain mortgage licensing in states doing business in within an applicable time frame)

Minimum of a Bachelor Degree in Business Management, Finance, or Administration (or an equivalent combination of education and direct experience)

Knowledge of conventional and government lending guidelines

Knowledge of residential mortgage processing, underwriting, and closing procedures

Knowledge of federal lending regulations governing real estate lending

Basic sales technique skills

Sound judgment and independent problem solving skills

Excellent mathematical skills to assist customers and provide accurate financial data

Self-motivation with a strong desire to excel in a competitive environment

Demonstrated organizational skills and proven computer skills

Strong oral and written communications skills with a proven track record in working with all levels of staff and management

Proven skill in inspiring trust and confidence

Demonstrated teamwork and customer service skills