Mortgage Loan Officer
Alaska USA FCU
Reports To: Varies by location
Primary Functions: Originate mortgage loans and promote related programs within the real estate profession and through personal networks.
Duties and Responsibilities:
- Market mortgage loan programs to Retail branch partners, the real estate sales industry and to personal contacts.
- Develop and maintain loan referral relationships with professionals in real estate, accounting, legal, financial planning fields, and Retail branch partners.
- Interview buyer/applicants and originate investor mortgage loans. Accept applications and input them to the origination system, provide required estimates and disclosures, and gather required documentation and fees to process mortgage loans.
- Ensure all loans are originated, disclosed and/or re-directed accurately and timely within all established regulatory compliance requirements and timeframes.
- Ensure accurate processing is completed in a timely manner and prepare for submission to underwriting.
- If the loan is approved, take final steps to ensure a smooth closing. If the loan is declined, verbally advise the borrower and issue applicable refunds. Return any documents not pertaining to credit.
- Conduct sales presentations for Retail branch partners and Realtors as necessary to enhance business relations.
- Attend Retail branch meetings regularly and make in person visits weekly at the main source for Mortgage referrals.
- Provide on-going coaching and training to retail partners as a way to gain quality mortgage referrals.
- Participate in quarterly branch lobby days in conjunction with Retail branch partners.
- Participate in community events as directed to further enhance and grow business and market share.
- Perform other duties as assigned.