About This Role
This role involves interviewing members for residential mortgages, performing preliminary analysis, and preparing initial disclosures. It suits a candidate with a strong understanding of mortgage lending and underwriting criteria, who can also network to grow the business.
Responsibilities
- Interview members from assigned branches applying for residential mortgages to ensure all pertinent information/data is collected
- Perform preliminary analysis of mortgage applications to ensure that member(s) qualify for the loan based upon the information provided at the time of application
- Prepare and send initial disclosures to member(s) so that government regulations are met and informed
- Be knowledgeable of underwriting criteria and pricing, including FNMA and FHLMC underwriting guidelines
- Network with internal business partners, branches, and external business partners to grow existing database further
Requirements
- Three years of increasingly responsible experience in mortgage lending and familiarity with loan origination functions
- Familiarity with all credit union services and ability to cross-sell to members
- Able to retain and expand internal and external business partners
- Excellent oral, written and listening skills
- Ability to handle pressure
- Ability to effectively communicate with all levels of personnel
- Ability to work on several projects simultaneously and satisfy required objectives while providing exceptional service to the membership and working positively with other team members
- Maintain compliance with the federal Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act)
- Maintain professional state-licensing requirements
Nice to have:
- A college degree in a business-related field or its equivalent to five years of financial institution experience, specifically in mortgage lending
- Experience with ICE Mortgage Technology and Encompass software
- Attendance of required credit union industry seminars, workshops, and conventions
Important Details
- Physical activities: Occasionally remaining in a stationary position (standing or sitting) for a prolonged period; occasional travel or moving between office locations or departments; occasional lifting, moving, or adjusting objects up to 20 pounds; constant communication through various channels including verbal, email, and chat, requiring consistent use of a keyboard and mouse or other electronic device; occasional temporary exterior site review in outdoor elements of wind, rain, or snow
- Work environment: Commercially reasonable temperature-controlled environment
