Join Our Team as a Junior Mortgage Loan Officer at Corda Credit Union! Cedar Rapids, IA

Corda Credit Union is currently seeking a motivated individual to be the point person for originating mortgage loans as a Junior Mortgage Loan Originator in our Cedar Rapids office. This position is designed for a motivated individual who is developing their mortgage lending expertise and is interested in building strong customer and referral relationships while learning the full mortgage loan process.

Position Overview:

As a Junior Mortgage Loan Officer (JMLO), you will assist with the origination of mortgage loans across various lending categories, including secondary market, construction, and in-house financing, under the guidance and direction of the Senior Mortgage Loan Originator (SMLO). The JMLO will ensure applications are complete, accurate, and processed efficiently while maintaining compliance with applicable lending regulations and company policies.

In this role, you will develop a full understanding of all regulatory requirements surrounding mortgage lending and must be able to execute required disclosures within the time frames established. Additionally, you will maintain NMLS registration requirements in good standing. The JMLO will develop a full understanding of requirements needed to ensure that clear transfer of title and perfection of Corda Credit Union's lien position. This includes, but may not be limited to an understanding of abstracting, filing requirements and resolutions to problems that may occur in order to perfect title and/or lien position. You will also help match members with the products and services best suited to their needs, all while maintaining exceptional customer service.

The person in this role must have the ability to analyze financial information and recognize potential credit or documentation issues in addition to strong written and verbal communication skills. The ideal candidate should have strong problem-solving and decision making abilities as well as a commitment to accuracy, compliance, and exceptional customer service.

Key Responsibilities:

Communicate with members (borrowers) to discuss mortgage financing options and identify their lending needs.
Assist members with completing residential mortgage loan applications and obtaining required documentation.
Review borrower financial information, including income, employment, assets, credit history, and debt obligations assuring compliance with the DML and MLO's coaching.
Explain loan programs, rates, terms, fees and other requirements to borrowers in a clear and professional manner while maintaining regular communication with borrowers throughout the mortgage lending process ensuring efficiency.

Develop and maintain relationships with borrowers, real estate professionals, builders, and other referral partners.
Assist senior mortgage lenders with business development and community outreach activities.
Develop proficiency in the Mortgage Loan Origination System.

Preferred Skills:

Strong interpersonal skills, with the ability to interact both inside and outside the organization to resolve conflicts, build relationships, and solicit cooperation.
Skilled at handling sensitive information with discretion and guiding conversations with tact and empathy.
Ability to explain financial concepts and loan requirements in an understandable manner.
Ability to work independently while also functioning effectively as a part of a lending team.
Ability to multitask in a busy, task-oriented environment.

Preferred Experience:

1-3 years of similar or related experience.

Education:

(1) A two-year college degree, or (2) completion of a specialized certification or licensing, or

(3) completion of specialized training courses conducted by vendors, or (4) job-specific skills acquired through an apprenticeship program.

If you're detail-oriented, have a passion for helping others, and thrive in a dynamic, fast-paced environment, we'd love to hear from you!

Please submit your cover letter and resume to be considered for this opportunity.

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

Learn more about this Employer on their Career Site