Numerica Credit Union · 6 hours ago
Senior Loan Officer – Home Loan Center
Coeur d'Alene,ID,US
Full-time
Onsite
Mid, Senior Level
$42K/yr - $42K/yr
2+ years expNumerica Credit Union is dedicated to enhancing lives, fulfilling dreams, and building communities. They are seeking a Senior Loan Officer to proactively solicit new residential mortgage loans and maintain a network of business relationships for referral opportunities, ensuring exceptional member service and compliance with lending policies.
BankingCreditFinancial Services
Responsibilities
Responsible for meeting individual and department mortgage loan production goals supporting overall Credit Union goals
Provide guidance and information relevant to the risks and benefits of each mortgage lending program the applicant is qualified for; effectively explain and communicate the terms of each product, and ensure all necessary documents are signed by the borrower
Analyze detailed financial and credit data, matching the applicant’s needs with an appropriate loan program
Gather all initial documentation required based upon the applicant’s selected loan program and all disclosure requirements
Understand and effectively apply mortgage lending policies and procedures to all mortgage lending situations. Provide valuable input to Loan Procedures manuals, including updates, revisions, and the creation of new policies and procedures
Maintains knowledge and adheres to all BSA regulations and compliance standards on internal and external policies
Have a thorough knowledge of conventional, FHA, VA and special home loan programs
Be familiar with all regulations governing credit union lending, with particular emphasis on rules and regulations governing real property lending on home loans and secondary emphasis on home equity loans
Have a thorough understanding of home loan computer system including mortgage underwriting, processing and tracking programs, and NCU's home loan website
Develop mortgage loan business: call on home builders, realtors and others outside the Credit Union to highlights NCU home loan programs and generates applications for home loans
Partners with NCU branch employees by providing education, guidance, and ongoing assistance on mortgage loan products and programs to facilitate the generation of home loan applications
Assist HLC staff with applications they are working on for home loans. Work with staff in analyzing and solving situations that may arise in the home loan application and loan process and provide support to staff on complex loans and escalating issues
Provides effective service by interviewing and qualifying applicants’ home loans. Determines applicant needs and discuss loan options. Assists applicants in completing the loan application package
Submit complete and accurate applications into the computerized loan application/processing system, providing individuals with all required disclosures and obtaining all necessary support documents, including appropriate up front fees
Negotiate terms and conditions of loans with members in accordance with credit union policies and procedures
Process the approved and rejected files by communicating oral and underwriting decisions and conditions to the members and realtors on property and loan
Review and analyze all documentation received and determine acceptability
Cross-sell borrowers on benefits of utilizing other credit union services
Maintains knowledge and adheres to all BSA regulations and compliance standards on internal and external policies
Effectively incorporates concepts of CARES Principles in daily behaviors and interactions: Connect – Create meaningful relationships, Ask – Be intentionally curious, Resolve – Actively seek solutions, Elevate – Never stop improving, Strengthen – Be the difference
Qualification
Required
Two years plus experience in mortgage sales, and/or training in a financial institution, mortgage company etc., or equivalent combination of education and experience
Ability to read and interpret documents such as credit bureau reports, dept to income ratio reports, appraisals, tax returns and policy and procedure manuals
Ability to read and write routine reports and correspondence
Ability to speak effectively with borrowers, Realtors and other employees of the credit union
A significant level of leadership trust and diplomacy is required, in addition to normal courtesy and tact
Work involves extensive personal contact with others and/or is usually of a personal or sensitive nature
Work will involve motivating or influencing others
Outside contacts become important and fostering sound relationships with other entities, companies and/or individuals, become necessary
Ability to perform under pressure in a team environment
Ability to work independently with very limited supervision, and as a team member
Discretion in decision making and sound judgment in problem solving
Solid time management skills with ability to organize, prioritize, and perform multiple tasks simultaneously
Ability to adapt to change within working responsibilities, be it internal, market or regulatory driven
Ability to lift up to 25lbs
The employee is to be eligible to be registered as a loan originator with the appropriate state or federal agency
Active NMLS License required
Preferred
Eight years plus experience in mortgage sales
Company
Numerica Credit Union
Numerica Credit Union distributes financial products and services such as business products and mortgages.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Carla Cicero
President/CEO
Ben Richardson
Chief Financial Officer
Recent News
2024-02-10
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