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
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
Strong commitment to our mission - creating economic opportunity for traditionally underserved communities.
Preference for working in organizations that place priority on teamwork and collaboration .
Ability to demonstrate Self-Help's Core Values :
Mission Before Self
Service With Excellence
Embracing & Promoting Change
Results Not Credit
Diversity as a Strength
Financial Sustainability for Mission Impact
Compensation range depending on experience and geographical location:
MIN $56,770 MID $70,962 MAX $79,584
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:
We are seeking a Mortgage Loan Officer to join our Chatham, IL team!
Mortgage Loan Officers p rovide 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 applicant's background. Responsible for promoting credit union products and services to ensure meeting productivity goals.
Selfhelp · Chicago-chatham, IL