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VyStar Credit Union · 12 hours ago

Mortgage Loan Officer

Alpharetta, GA

Full-time

Onsite

Entry, Mid Level

2+ years exp

VyStar Credit Union is a financial institution that is seeking a Mortgage Loan Officer. The incumbent will be responsible for originating residential mortgage and equity loans while providing quality service to members and ensuring compliance with lending policies and procedures.

AppsBankingFinanceMortgage

Responsibilities

Originates residential mortgage loans and solicits residential first mortgages and equity loans through contacts with realtors, builders, developers and personal referrals

Provide quality service to members and potential members seeking residential mortgage loans

Interview applicants to develop information concerning their financial needs, desires and earnings to assist in determining whether the loan will be an acceptable credit risk

Obtain and analyze pertinent financial and credit data

Enters data into the point of sale origination software to complete the loan application

Discusses application with member, counsels and answers member questions concerning mortgage loan programs

Requests any additional information required to complete the loan application package prior to submission for processing

Generally provides the required three day disclosures along with other pertinent mortgage disclosures to the member electronically however, may be required to provide them in paper form should the member decline to accept them electronically

Maintain communication with processor regarding progress of each mortgage loan file and communicate status and information to member

Acts as main point of contact for information and guidance for member

Documents communication with the member and/or other interested parties in the loan transaction in the mortgage origination software application

Assists the assigned mortgage loan processor and closer to obtain documentation to ensure a smooth mortgage loan process

Proactively communicates status of loan throughout the loan process

Makes a concerted effort to attend the mortgage loan closing with the member

Reviews monthly production reports with the Mortgage Loan Officer Manager to ensure goals are being met

Cross sells other credit union services

Incumbent is expected to demonstrate each of the following VyStar Excellence behaviors and to provide support and feedback to employees assigned to the processing unit to consistently practice and demonstrate

Consistently adheres to VyStar core values and Code of Ethics and acts in accordance with corporate defined values and ethics

Consistently demonstrates VyStar Excellence with providing service to the membership, credit union employees, and third party vendors

Responsible for understanding mortgage department goals as well as Credit Union goals and pro-actively works toward attainment of those goals

Identify and make recommendations to department Mortgage Origination Management regarding process improvements, quality service and increased efficiencies within the department

Performs other duties as assigned

All employees and business units, as first line of defense, are expected to proactively help identify, assess, manage, and report risks within their domain of work

To enhance a healthy risk culture and support our growth for good pillar, employees will maintain vigilance in safeguarding our operations while ensuring compliance with regulatory mandates

Qualification

Mortgage loan originationCustomer serviceFinancial analysisMortgage regulationsCommunication skillsSelf-disciplineGoal-orientedTeam collaborationProblem-solving

Required

Minimum of two years prior experience in the mortgage industry preferably as a mortgage loan officer or mortgage loan interviewer in a direct member contact capacity with a financial or mortgage lending institution

Proven production and proven track record in heavy customer contact

Self-disciplined and goal oriented worker with a demonstrated ability to work independently

Superior communication skills

Familiarity with conventional, VA, FHA, and equity loan financing

Knowledge of all regulations governing mortgage lending

Well versed in private mortgage insurance and secondary market lending guidelines

High school diploma or its equivalent

Must meet and maintain all the requirements as a registered mortgage loan originator employed by a Federally regulated Institution with the Nationwide Mortgage Licensing System and Registry (NMLS)

Must comply with all provisions of the Act as defined in the Secure and Fair Enforcement of Mortgage Licensing Act of 2008 (S.A.F.E. Act)

Preferred

A two-year college degree or higher is preferred

Continuing education via local conferences and workshops and membership in affiliated mortgage banking associations should be established as time and resources allow for updates on federal regulations and secondary market requirements