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 Responsibilities Generate 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 homeownership Develop 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 process Provide complete loan application packages to the Real Estate Lending Operations Team Ensure exceptional member experience by overseeing loan process from origination through closingwhile providing on-going communication and status updates to members, agents and business partners Loan Application Process Meet with prospective borrowers Review / Analyze credit and financial data Determine borrower financing objectives and goals Discuss appropriate SFFCU products and programs and explain guidelines Present pricing/lock terms to borrowers Identify appropriate opportunities to offer additional credit union products Collect supporting loan documentation as required and provide complete package to Loan Processor Maintain current and thorough knowledge of lending programs, policies, procedures, Fannie Mae and Freddie Mac guidelines and regulatory compliance requirements Interact 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 Education High School diploma or equivalent.College degree preferred Skills Must demonstrate an in-depth knowledge of Fannie Mae/Freddie Mac and FHA guidelines as well as credit union lending policies, procedures, and regulations Must possess a thorough understanding of the requirements and features of the mortgage loan programs offered by SFFCU, other private investors, and the secondary mortgage market Strong time management skills and the ability to organize, prioritize and perform multiple tasks simultaneously Excellent oral and written communication skills required Strong loan math calculation skills including the use of automated spreadsheet development and basic analytics required Analytical decision-making ability with attention to detail Ability to learn and work in a fast-paced work environment Ability to multitask and prioritize work as required Software, Equipment PC proficient to include: Word, Excel, Outlook, internet and e-mail Familiarity with mortgage loan origination systems and processing software.Symitar Episys preferred We are proud to be an EEO/AA/Minorities/Females/Disabled/Veterans employer.