Lowell Five Bank · 1 week ago
Mortgage Loan Officer - Outside
Tewksbury, MA
Full-time
Onsite
Mid, Senior Level
$38/hr - $60/hr
3+ years expLowell Five Bank is a financial institution with a significant presence in the Merrimack Valley and Southern New Hampshire. They are seeking a Mortgage Loan Officer to meet with borrowers, analyze financial needs, and originate mortgage loans while ensuring compliance with regulations.
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Responsibilities
Meet with borrowers to analyze financial needs and educate them on loan options
Take complete applications, collect financial documents, and assess creditworthiness to determine loan feasibility
Act as liaison between all parties to ensure documentation is accurate and consistent; maintain contact with borrowers throughout the entire loan process and work with the Bank’s processing and underwriting teams to resolve any issues, monitor application status, and help guide the loan to closing
Respond to questions or inquiries from Bank employees, borrowers, brokers, attorneys etc
Originate high quality mortgage loans to meet established production goals
Solicit new business from real estate agents, builders, attorneys, community groups, and existing customers
Actively participate in networking, open houses, seminars, and build strong referral networks
Collaborate with the Bank’s Marketing Team to develop marketing efforts for realtor outreach, first time homebuyer contact, and generating additional lending and deposit opportunities for the Bank
Ongoing development of sales-based skills, including the ability to build a customer base and secure new mortgage loan opportunities
Follow all national and state regulations; adhere to Bank policies and maintain client confidentiality
Maintain an active Mortgage Loan Originator License
Qualification
Required
Minimum of three years' experience in mortgage loan origination; proven sales experience
Strong understanding of mortgage products (e.g., conventional, construction to permanent, affordable housing programs) and market trends
Well-developed interpersonal, communication, and customer service skills
Detail-oriented, analytical with the ability to provide solutions for complex problems
Extremely organized, ability to multi-task and meet deadlines under variable conditions
High degree of initiative, dependability, and ability to work independently
Knowledge of Microsoft Office and Mortgagebot or similar loan software
Able to travel daily within the region; available for customers in the evenings and on weekends as needed
Maintain an active Mortgage Loan Originator License
Preferred
BA/BS in Finance, Business Management, or a related field is preferred
Familiarity with Eastern MA and Southern NH regions and established realtors preferred
Benefits
Career development and educational programs
Benefit package that supports each employee’s best life
Company
Lowell Five Bank
Lowell Five Bank is a community bank based out of Merrimack Valley and Southern New Hampshire.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Mackenzie Raphael
Senior Vice President/CIO
Donald Bedard
Executive Vice President - Chief Lending Officer
Recent News
The Nashua Telegraph
2023-12-25
Company data provided by crunchbase