Real Estate / Mortgage Loan Officer
Position DescriptionWe are seeking a full time Real Estate Lending Loan Officer to join our team in our Kensington, MD office. This position is responsible for the development of referral business, leads and relationships with individuals, past clients, credit union SEGs, real estate professionals and the branch network to generate new loan volume. The Loan Officer also ensures administrative and operational compliance with regulatory requirements and Signal Financial Federal Credit Union policies and procedures. Position ResponsibilitiesGenerate new purchase and refinance loan volume to meet or exceed SFFCU production goals.Participate in community efforts and seminars to promote/educate members about various topics related to mortgage financing and homeownershipDevelop and maintain successful relationships with various referral sources as well as existing and prospective SFFCU member.Meet with members as necessary during various stages of the loan processProvide complete loan application packages to the Real Estate Lending Operations TeamEnsure exceptional member experience by overseeing loan process from origination through closingwhile providing on-going communication and status updates to members, agents and business partnersLoan Application ProcessMeet with prospective borrowersReview / Analyze credit and financial dataDetermine borrower financing objectives and goalsDiscuss appropriate SFFCU products and programs and explain guidelinesPresent pricing/lock terms to borrowersIdentify appropriate opportunities to offer additional credit union productsCollect supporting loan documentation as required and provide complete package to Loan ProcessorMaintain current and thorough knowledge of lending programs, policies, procedures, Fannie Mae and Freddie Mac guidelines and regulatory compliance requirementsInteract closely with management, loan processors, underwriters and loan closers to achieve division goals in turn time, pull through, and member satisfaction.Provide leadership through personal actions and day-to-day practices that support our core values. Position Requirements Experience A minimum of three to five years of mortgage industry experience with a focus on generating new business EducationHigh School diploma or equivalent.College degree preferredSkills Must demonstrate an in-depth knowledge of Fannie Mae/Freddie Mac and FHA guidelines as well as credit union lending policies, procedures, and regulationsMust possess a thorough understanding of the requirements and features of the mortgage loan programs offered by SFFCU, other private investors, and the secondary mortgage marketStrong time management skills and the ability to organize, prioritize and perform multiple tasks simultaneouslyExcellent oral and written communication skills requiredStrong loan math calculation skills including the use of automated spreadsheet development and basic analytics requiredAnalytical decision-making ability with attention to detailAbility to learn and work in a fast-paced work environmentAbility to multitask and prioritize work as required Software, Equipment PC proficient to include: Word, Excel, Outlook, internet and e-mailFamiliarity with mortgage loan origination systems and processing software.Symitar Episys preferred We are proud to be an EEO/AA/Minorities/Females/Disabled/Veterans employer..