1st Advantage Federal Credit Union · 1 week ago
Mortgage Loan Officer
Yorktown, VA
Full-time
Onsite
Entry, Mid Level
1+ years exp1st Advantage Federal Credit Union is currently seeking a full-time Mortgage Loan Officer to support their Mortgage department in Yorktown, Virginia. The role involves developing and maintaining a network of business relationships for mortgage lending opportunities, responding to member inquiries, and ensuring exceptional member service by adhering to lending policies and regulatory requirements.
BankingFinanceFinancial Services
Responsibilities
Ensures exceptional customer experience by overseeing loan process from origination to close and providing on-going communication to member and business partners
Prospects new mortgage lending opportunities. Meet with members as necessary during various stages of the loan process
Achieves production goals as established by 1st Advantage
Develop and maintain a successful relationship with internal and external business referral sources
Production will be reviewed at least semi-annually and is expected to be $500,000 per month on average. Colleague performance and success in the Mortgage Loan Officer role will be dependent upon meeting or exceeding this production level
Develop Business Referral Network through marketing, cold calling, prospecting and networking activities
Meet with prospective borrowers. Review/analyze financial data and determine borrower financing objectives and goals
Present appropriate 1st Advantage products and programs and explain guidelines. Apprise of pricing and lock rate as required
Collect supporting loan documentation as required and provide complete package for approval within required time frames
Identify appropriate opportunities to sell additional products
Maintain current and thorough knowledge of all lending programs, policies, procedures and regulatory requirements
Attend and complete all 1st Advantage required training
Proactively demonstrates the 1st Advantage FCU core values of accountable, adaptable, driven, dependable, and fun
Qualification
Required
One year to three years of similar or related experience
A two-year college degree, or completion of a specialized certification or licensing, or completion of specialist training courses conducted by vendors, or job-specific skills acquired through an apprenticeship program
Strong computer skills including a fundamental understanding of MS applications, and previous experience utilizing laptop technology for communication purposes
Solid time management skills and the ability to organize, prioritize, and perform multiple tasks simultaneously
Ability to communicate clearly and effectively, both verbally and in writing, across a variety of audiences
Ability to analyze and comprehend complex financial data and provide financial alternatives
Enthusiasm for assignments and the ability to meet established timelines
Talking-Especially where one must frequently convey details or important instructions, ideas, etc. accurately, loudly, or quickly
Average Hearing-Able to hear average or normal conversations and receive ordinary information
Finger Dexterity-Using primarily just the fingers to make small movements such as typing, picking up small objects or pinching fingers together
Repetitive Motion-Movements frequently and regularly required using the wrists, hands, and/or fingers
Average Visual Abilities-Average, ordinary visual acuity necessary to prepare or inspect documents, products or operate machinery
Physical Strength-Sedentary work; sitting most of the time. Approximately 75% or more of time (constantly) is spent working at a desk. Balance of time (25% or occasionally) is spent moving around work areas
Benefits
Dollar-for-dollar matching 401(k) plan to 4% of earnings
Choice of three medical plans
Flexible Spending Accounts
Health Savings Accounts
Choice of two Dental plans
Vision
Basic Life & AD/D Insurance – no cost
Optional additional life insurance for colleagues, spouses, and children
Long-term Disability Insurance – no cost
Short-term Disability Insurance – no cost
Employee Assistance Program – no cost
Critical Illness, Accident, and Hospital Indemnity Plans
Generous paid time off accrual program
11 Paid holidays
Pre-paid legal services
Pet Insurance
Discounts on consumer loans and mortgages, increases on savings products, and much more!
Company
1st Advantage Federal Credit Union
1st Advantage Federal Credit Union is a financial institution that offers online banking, personal loans and money management consultation.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Michelle Nealey
Chief Financial Officer
Matt Turner
Chief Operating Officer
Recent News
Christopher Newport University
2023-12-27
The Virginian-Pilot
2023-12-27
Credit Union Times
2023-12-27
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