Mortgage Loan Officer - Pueblo

Job Description

As The Artisans of Banking, we strive to be B.R.A.V.E. (Build Relationships & Add Value Everyday). We recognize that in order to meet the needs of our communities, we must represent our communities. Our success relies on creating a culture where we have diverse perspectives and a true sense of belonging. This is a journey, and we pledge to do more than simply check the box.

When you join our Premier Members team, your benefits will include:

• Comprehensive medical insurance plan that has HRA, HSA, and FSA options
• Dental and vision insurance
• Generous paid-time-off
• 11 paid holidays
• Annual bonus
• 401(k) plan with a 5% match
• Wellness program
• Tuition assistance
• 1% employee loan discount
• Employee Assistance Program (EAP)
• Life and disability coverage

What sets working for Premier Members apart?

• Career development and pathing opportunities to move into leadership roles or other lines of business within PMCU such as Commercial Lending, Finance, Marketing, Underwriting, Member Solutions, Training, Human Resources, and more.
• Supportive and engaging work environment.
• A wellness and sustainable work culture that puts family, Mother Nature, our community, and your health first.
• A work environment that encourages personal as much as professional growth, teamwork to make the dream work, and treating everyone equally.

Position comes with base salary $15.00 (plus commission, full benefits, cell phone reimbursement and a marketing budget!)

Experience and Skills

POSITION SUMMARY:

Originates mortgage loans. Develops referral relationships with realtors, builders, bankers, and other sources in order to proactively solicit business and conduct sales-related activities, in order to meet specific loan volume origination goals. Takes applications, conducts preliminary underwriting reviews, and submits loan applications to processing. Remains primary contact with members, realtors and operations staff throughout entire loan process. This position contributes to a positive relationship between the community, member and the credit union.

ESSENTIAL FUNCTIONS:

• Provides excellent service to both new and established members
• Originates loans and assists members with the loan application including explanation of first mortgage process and products while assuring compliance with PMCU, Sate, Federal, Investor and TRID standards
• Completes loan app, input fees and generates loan disclosures in accordance with TRID guidelines
• Collect and analyze prospective clients, credit, liabilities, income, and assets to determine credit worthiness
• Order appraisals
• Price and lock loans
• Understand and manage mortgage loan deadlines to ensure purchase contract compliance
• Submit complete file to processing within 48 hours of lock
• Provide continuing counsel and customer service to borrower throughout the entire loan process
• Assist walk-in members and telephone inquiries as needed
• Develops and maintain relationships with potential new business referral partners, realtors, builders, and community relationships
• Understand residential appraisal reports
• Develop individual Sales Plan to generate additional business
• Assist in the marketing effort including SEG presentations, first time home buyer seminars and community functions
• Participates in on-going training classes and workshops
• Maintains a professional image and standards consistent with company policies and procedures.
• Respects confidentiality of information handled
• Performs other duties as assigned

QUALIFICATIONS

Education/Certification:

• High school diploma or equivalent

Required Knowledge:

• Knowledge of state, federal, FannieMae/FreddieMac rules and regulations
• Ability to work and apply mathematical concepts such as multiplication, division, addition, subtraction, fractions, percentages, ratios, and proration's in calculating mortgage payment, Loan Estimates
• Attention to detail
• Knowledge of first mortgage products and underwriting guidelines
• Proficient in Encompass LOS
• Knowledge of loan policy, procedures and guidelines
• Proficient with Desktop Underwriter and Loan Prospector
• Ability to work without supervision, multi-task and prioritize
• Knowledge of data processing on-line systems
• Substantial knowledge of credit union policies and services
• Have familiarity with conventional and government mortgage loan programs (FHA/VA/USDA) and guidelines
• Understanding of regulatory and legal requirements

Preferred experience:

• High school diploma, GED or equivalent
• Minimum 2 years mortgage lending experience
• NMLS Registration

Skills/Abilities:

• Clear verbal and written skills
• Ability to deal effectively and tactfully with members and staff at all levels
• Ability to communicate with members in common language
• Ability to deal with conflict and problem solve effectively

WORKING CONDITIONS

• Standard office conditions
• Low to moderate noise
• Limited lifting up to 25 lbs
• May require long periods of standing
• Long periods of computer and member interactions

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.

The Credit Union believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties, qualifications, and job scope, but not limit the incumbent. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors.

Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.

This Job Description is not a complete statement of all duties and responsibilities of this position and may change with or without notice.