Residential Mortgage Lender

General Function:

The position is responsible for assuming overall responsibility for the residential mortgage loan process from application to close, including underwriting evaluation, and collections. 

Duties and Responsibilities:

• Develop new and expand both internal and external referral sources to grow mortgage business.


• Interview mortgage loan applicants to collect and analyze financial data to determine the merits of the specific loan request.


• Establish and negotiate loan terms including costs, repayment method and repayment schedule.


• Advise customers concerning financial matters.


• Review all documents to ensure risk exposure, Loan-to-Value, credit scores, Debt-to-Income ratios, ability to repay, etc.


• Review appraisals for accuracy and completeness.


• Complete and communicate underwriting decision and explain conditions, if any.


• Request and review closing documents and conduct loan closings.


• As necessary, assist with collection activities related to past due mortgage loans.


• Maintain knowledge of Bank policies and procedures. 


• Ensure compliance of all state, federal laws and banking regulatory laws.


• Perform other duties as assigned. 

Qualifications:

• High school diploma or equivalent mandatory.


• 3 or more years of residential mortgage lending experience. 


• NMLS license.


• Knowledge of mortgage loan products, processing, underwriting, and closing guidelines.


• Knowledge of federal lending regulations governing real estate lending.


• Demonstrated organizational skills.


• Demonstrated ability to identify opportunities to cross-sell financial products and services.


• Strong written and verbal communications skills.


• Demonstrated teamwork and customer service skills.


• Proven computer skills.


• Ability to multi-task.


• Strong organizational skills.