Mortgage Loan Officer/Originator-Fredericksburg Region

Union Bank & Trust
Fredericksburg, VA
May 07, 2018
May 21, 2018
Full Time
These positions are based in our metro Fredericksburg region. This position is responsible for generating residential mortgage and development loans through solicitation of individual borrowers, real estate brokers, builders and developers. Position Accountabilities: * Establish and maintain client referral relationships with realtors, builders and developers * Make sales calls on potential or existing customers to develop new business or retain existing business * Serve as primary contact with all parties on individual loans originated from application to closing which includes, but not limited to: - Counseling and prequalifying potential homebuyers - Completing applications - Obtaining all necessary support documents along with appropriate fee and lock-in information in compliance with FNMA, FHLMC, VA, and FHA and mortgage lending regulations inclusive of RESPA, Truth-in-Lending, HMDA, ECOA, FDPA and CRA - Overseeing loan process by monitoring loan status and ensuring conformity with terms - Assisting in collecting additional documents and communicating loan status to all parties - Obtaining loan documentation prior to closing - Providing functional guidance to loan processors regarding coordination of workflow and files in process * Train new real estate agents and brokers in areas of financing, qualifying buyers and lending guidelines * Compile, compute and prepare handouts and finance information, such as closing costs and rate comparison sheets for realtors, builders and developers * Prepare loan file for presentation to Credit Department for underwriting and documentation * Maintain current knowledge on mortgage products, underwriting guidelines and industry regulations * Partner with Branch Managers and other sales teammates to capitalize on cross-selling opportunities * Adhere to all applicable laws and regulations governing bank operations, including compliance with Union Bankshares' BSA/AML Policy and Procedures. Organizational Relationship: This position reports to the Mortgage Branch ManagerEducation & Experience: * Bachelor's degree in a business related discipline * Three years of experience in mortgage loan origination or processing or at least nine years of equivalent work experience Knowledge & Skills: * In-depth knowledge of FHA, VA and conventional guidelines for mortgage loan origination * Working knowledge of various regulatory guidelines (eg Truth-in-Lending, HMDA, RESPA, ECOA, FDPA, etc.) * Proficient computer skills relevant to Microsoft Office Suites * Advanced math and basic accounting skills with the ability to perform complex mathematical calculations * Excellent customer service skills * Excellent written, oral, interpersonal, and negotiating skills with the ability to recognize and respond to sales opportunities * Ability to work with minimum supervision We are proud to be an EEO/AA employer, Minority/Female/Disability/Veteran. We maintain a drug-free workplace. No relocation and no search assistance