First Federal Bank · 2 days ago
Mortgage Loan Officer - Meridian, Idaho
Meridian, Idaho, United States
Full-time
Onsite
Entry, Mid Level
1+ years expFirst Federal Bank is a community-focused financial institution that has been serving its members for over 100 years. They are seeking a Mortgage Loan Officer responsible for producing mortgage and consumer loan production while providing quality customer service and developing new business relationships.
BankingCommunitiesFinanceFinancial Services
Responsibilities
Responsible for producing consistent mortgage and consumer loan production within the scope of the Bank’s Loan Policy and Procedures
Provides quality customer service to develop new business and maintain existing relationships
Contributes to profit and growth by achieving goals for expense control, profitable product sales and cross-selling bank products and services to maximize relationships; both consumer and business/commercial
Develops referral relationships with builders, real estate brokers, sales agents, and others as appropriate to generate mortgage loan business sufficient to meet the branch’s assigned goals
Establishes and helps to attain internal performance objectives for branch lending volume, loan portfolios and the quality of lending audit reports
Take applications, analyze information of the customer, recommend appropriate financial products while educating and communicating with customers throughout the process
Recommends loans and products as appropriate. Presentation to loan committee may be required for approval
Exercises independent judgment and discretion in working with customers regarding loan products
Outlines loan terms and conditions and keeps the customer informed
Work with all bank products and refer customers to the retail loan officers, commercial loan officers or deposit staff as deemed appropriate
Reviews loan requests based on the banks policies and procedures
Orders credit reports, reference checks (when applicable) and validate borrower’s credit, income, assets and any customer information as required on loan requests
Directs central appraisal ordering department to order appraisals
Assists in preparation of loan package, in accordance with the bank’s standards
Stay abreast of new legislation and regulations that affect the banks mortgage lending policies
Makes suggestions to management to update or add to loan terms and conditions on a case-by-case basis
Provide reports on the status of the bank’s mortgage loans and loan marketing strategies, based on current and past workloads
Handles inquiries from applicants, realtors, other various referral sources, and processing personnel. Resolves customer complaints in a timely and effective manner
Completes all required commission logs and call reports required by management
Follow all rules and guidelines of the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) and be registered with the NMLS. Annual renewal of registration is required
Performs all job duties to ensure compliance with all applicable acts, laws, and regulations, and for those in a branch management role – to ensure staff has the training and resources to perform duties to maintain compliance with such acts, laws and regulations
May be responsible for building a cohesive and effective team by coaching and mentoring lending staff and creating a positive work environment that encourages continuous feedback if in a management role
May be responsible for conducting joint staff meetings with the operations group to promote lending product knowledge, communicate progress toward goals and to reward and recognize performance if in a management role
May direct and oversee the lending activities for the branch
Consistent attendance at community events to promote the bank is expected
Qualification
Required
A High school diploma or its equivalent and a minimum of one-year current mortgage lending experience
Preferred
Five years of current mortgage lending experience
Benefits
Paid vacation
Sick leave
Holidays
Health insurance
Dental insurance
Vision insurance
401(K) retirement
Educational assistance
Life insurance
Long-term disability insurance
Paid community service hours
Pay-It-Forward program
Company
First Federal Bank
At First Fed, we pride ourselves on being Idaho’s only mutual bank with no shareholders or majority owners.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jason Meyerhoeffer
President and CEO
Michael D Traveller
Chief Financial Officer
Recent News
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