Ohnward Bancshares, Inc. · 5 hours ago
Mortgage Lender
First Central State Bank Eldridge - Eldridge, IA 52748
Full-time
Onsite
Senior Level
5+ years expOhnward Bancshares, Inc. is a financial institution that is seeking a Mortgage Lender. The role involves soliciting potential borrowers for new mortgage loans, developing business contacts, and completing mortgage loan processing and closing while ensuring compliance with lending regulations.
AccountingBankingFinancial ServicesInsuranceRetirement
Responsibilities
Solicit new business by developing strategies. Create sales and growth for the company
Attracts new mortgage loan applications by developing relationships within the community, specifically with the real estate community; making sales calls to prospective customers. Follows leads and carries out research to obtain new clients
Partners with other areas of the bank and bankers to cross-sell our products and services
Interview, consult, accept, analyze credit of, and perform credit reviews of potential borrowers
Meet with clients to present products, explain the loan process and obtain the necessary documentation
Meets mortgage loan operational standards by contributing mortgage loan information to strategic plans and reviews; implementing quality and customer service standards; and resolving problems
Examines application and supporting documentation; estimating credit-worthiness; calculating repayment risk. Justify decisions (approvals/rejections) and report on them
Completes mortgage loans by monitoring collection, verification, and preparation of mortgage loan documentation; scheduling and completing mortgage loan closing. Examines application and supporting documentation; estimating credit-worthiness; calculating repayment risk
Guides borrowers through the application process by proactively reaching out to the prospective borrower. Explaining the different types of loans and credit terms that are available to the applicant. Answers questions about the process and assists borrowers in filling out the application if necessary
Provides guidance to prospective borrowers who have problems qualifying for traditional loans
Reviews submitted loan application file to analyze, interpret and evaluate financial information and loan documentation to assess borrower capacity, cash flows, character, collateral, and condition to honor his or her obligations
Insures that approval of new loan requests comply with loan underwriting, product and program policies and procedures
Operate in compliance with laws and regulations and adhere to lending compliance guidelines
Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the underwriting process
Performs other duties as assigned
Qualification
Required
Proven working experience in financial analyzing or lending
Strong financial skills and ability to develop and interpret financial statements applied to business accounting and finance principles are required
Familiarity with computers and banking applications/software
Solid understanding of direct/indirect lending products and practices
Excellent communication and interpersonal skills
Ability to work in a goal oriented environment
Bachelor's Degree in Finance, Economics or related field; 5 years lending experience and/or training; or equivalent combination of education and experience
Related work experience should consist of a financial analyzing or lending background
Qualifications: experience in analysis; knowledge of cash management products; knowledge of federal state laws and regulations relating consumer lending; NMLS (Nationwide Mortgage Licensing System), current driver's license with appropriate insurance coverage
Benefits
Stakeholder Bonus
Health Insurance
Dental Insurance
Retirement Plan (401k) 3% Safe Harbor Contribution + Discretionary Contribution
10 Observed Holidays
PTO
Group Term Life provided
Short Term Disability - 100% provided by company
Long Term Disability
Maternity/Paternity Leave 100% of pay
Community Involvement
Pay-It-Ohnward Company Giving Program
Grilling for Charity Community Donations
Thank God Its Monday (TGIM) Company Event
Company
Ohnward Bancshares, Inc.
Ohnward Bancshares, Inc., is a billion-dollar plus bank holding company with 19 financial offices in Eastern Iowa including Maquoketa State Bank with offices in Maquoketa, Andrew and Preston; Ohnward Bank & Trust with offices in Baldwin, Cascade, Monticello, Marion, Central City and Cedar Rapids; First Central State Bank with offices in DeWitt, Long Grove, Eldridge, Le Claire, Goose Lake and Clinton.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Abram Tubbs
Director | President | CFO
Jacob Reuter, CPA
Chief Financial Officer
Recent News
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