Mortgage Loan Officer

About the role

Self-Help started in 1980 with a focus on economic inequality especially in communities that have faced systemic barriers to building wealth. At the core of what Self-Help does is a drive to create and protect ownership and economic opportunity. In other words, we're committed to economic justice! Economic Justice means that all communities have the basic infrastructure they need to thrive, from high-quality schools to grocery stores selling fresh food resources that support opportunity at a neighborhood level regardless of demographics, income, or wealth. Since our founding, we've constantly sought new ways to pursue greater economic justice: from providing fair and affordable loans to working with partners to demand that lawmakers change unjust policies. We are looking for a Mortgage Loan Officer to join our Manchester, CT team! Position Summary: Provide information on credit union products and services to potential borrowers according to all credit union policies and procedures as well as Federal and State rules and regulations. Interviews all applicants for real estate loans. Prepares, analyzes, processes and documents all required forms and related documents for real-estate loans. Approves or denies loan applications based on analysis of each applicants background. Responsible for promoting credit union products and services to ensure meeting productivity goals.

Responsibilities

• LOAN MANAGEMENT/BORROWER ADVISEMENT
• Meet with loan applicants to discuss viable mortgage options, counsel on credit and budget, develop roadmap and process for mortgage approval and assist with the loan application process. Achieve productivity goal as set forth by manager.
• Gather and review necessary data to complete the loan review process including credit bureau reports; verifying debts and estimating monthly payments for any outstanding debts not listed on application and ensuring they are added to application.
• Comply with all federal and state mortgage regulations and disclosure requirements.
• Prepare mortgage loan application and documentation for underwriting and closing. Ensure that each real-estate loan is processed accurately, troubleshoot any issues that may arise during the processing period, and maintain communication with borrower throughout processing period, as needed.
• BUSINESS DEVELOPMENT
• May oversee responsibilities of Mortgage Loan Assistant, if appropriate. Perform other duties as may be deemed necessary.

Requirements

• High School Diploma. Bachelor's degree preferred .
• 2 years' of experience in mortgage, banking or other relevant experience.
• Experience in consumer lending preferred.
• Ability to represent Self-Help in networking functions and to develop and maintain key realtor and other relations that generate attractive loan/borrower referrals.
• Strong analytical and quantitative skills and ability to independently handle loan applications and assess borrower ability to successful repay loans.
• Ability to consistently follow guidelines for file quality.
• Ability to consistently meet productivity goals.
• Ability to secure and maintain NMLS certification.
• Ability to work collaboratively on team
• Sensitivity to issues of low-wealth borrowers and a desire to work in a racially and socially diverse organization
• Strong organization, computer and customer service skills
• Strong communications skills including strong writing skills and presentation skills.
• Ability to travel and work evenings and weekends as needed
• Bilingual Spanish/English a plus.
• Proficiency with Word, Excel and PowerPoint
• Self-Help is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
• Company Disclaimer:

Additional Information

Job Description:

Your Match

How well this role fits your profile.

Company Intel

What employees say

Worked at selfhelp? Share your experience