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.