Sr. Mortgage Loan Officer

JOB DESCRIPTION

Candidates are responsible for originating conventional and government residential mortgage loans to customers who qualify based on assessment of financial and credit data. The position is considered senior-level and staff work under minimal supervision. This position reports to the VP/BM.

Job Duties:
1. Originates conventional and government residential mortgages and participates in related business development activities.
2. Solicits residential mortgages through contacts with realtors, builders and developers.
3. Provides service to customers and prospective customers seeking residential mortgage loans. Interviews applicants to obtain information concerning their needs to assist in determining whether a loan will be an acceptable risk according to their financial situation and obtains pertinent financial and credit data.
4. Ensures the preparation and processing of forms and legal documents required for residential loans and follows the loans to ensure compliance with terms. Negotiates terms and conditions with applicants.
5. Stays informed on trends and developments in the local real estate market, as well as changing rules and regulations pertaining to both conventional and government-insured mortgages.
6. Performs additional duties as required