Residential Mortgage Loan Officer

Amalgamated Bank
Falls Church, VA
Jun 19, 2017
Jun 21, 2017
Full Time
Amalgamated Bank seeks an experienced Residential Mortgage Loan Officer to manage and proactively solicit new residential mortgage and HELOC loan applications, interact with customers and referral sources as well as accept and complete all loan application files, and to ensure a good volume of high quality mortgage originations for the bank's portfolio and for sale to institutional investors. ESSENTIAL JOB FUNCTIONS: Develop new residential mortgage production by calling on both internal and external referral sources. Interact with customers seeking information about mortgage loan products by phone, in person at a branch location or through the Banks website. Represent the bank to potential referral sources including real estate brokers, builders or developers, financial professionals, financial planners and CPA's. Compile loan documentation, review customer documents for accuracy. Ensure all conditions and requirements for processing and closing have been met including obtaining & reviewing 1003s, sales contracts, disclosures, tax returns, paystubs and other proofs of income. Perform all tasks as required to originate loans in compliance with all federal and state regulations and with company standards in areas of customer satisfaction, speed and efficiency. Coordinate preliminary loan underwriting, pre- qualification, and mortgage counseling. Knowledge and understanding of all mortgage regulations including Reg B, Reg Z, HUMDA, RESPA, FRCA and the SAFE Act. Knowledge and understanding of all mortgage documents & forms to include but not limited to GFE, Truth-in-Lending forms, endorsements, assignments, underwriting transmittals, notices to applicants, commitments, attorney letters and other documents as needed. Process and set up all loan information on the system. Assist in tracking rates and preparing rate surveys of mortgage products. Assist in the loan process as needed. Knowledge of secondary market and agency guidelines for mortgage underwriting, and Appendix Q guidelines for documenting income and debts for mortgage loan applications.KNOWLEDGE, SKILLS AND EXPERIENCE REQUIREMENTS: High School diploma or equivalent. Some college preferred. At least two years of mortgage banking experience in an origination production role, including experience with current regulations such as TRID. Good computer skills, including proficiency in Word, Excel, and Windows. Experience with front-end loan processing system. Ability to travel and meet customers after hours. Must be NMLS registered or able to become NMLS approved.AmalgamatedBank is an Equal Opportunity and Affirmative Action Employer, Minorities /Female / Individuals with Disability / Veterans. Viewour Pay Transparency Statement. Submission of aresume or any information regarding your qualifications does not constitute apromise or offer of employment. At Amalgamated Bank, we consider anapplicant to be someone who has interviewed at least once, in person, with thehiring manager.