Mortgage Loan Officer (Full Time) - Houston

Position Purpose The responsibility of the Mortgage Loan Officer (MLO) is to source new mortgage loan business from leads generated inside and outside of the Bank. The MLO takes loan applications, reviews the application, and provides the applicant a list of documents necessary to support the information in the application, sets realistic expectations about the mortgage loan process, and provides regular updates to the applicant(s) and other interested parties. The MLO discusses relevant mortgage‑related facts and issues with applicants concerning ability to repay, bank credit policy and documentation necessary to present to underwriting for credit decision. The MLO must be familiar with Bank credit policy and guidelines of the GSE’s, FHA and VA. Essential Functions and Basic Duties The principal responsibility of the MLO is the origination of eligible mortgage loans, focusing on marketing activities necessary to generate mortgage loan referral activity from Prosperity Banking Centers, realtors, home builders, financial planners, networking groups, trade associations and personal sphere of influence. MLOs have a minimum production expectation: Monthly: 5 units or $1.0 Million in eligible loan volume 90‑day rolling average: 15 units or $3.0 Million in eligible loan volume The above represents the minimum expectation. If the MLO is provided a Prosperity Bank assignment, the MLO visits the Bank regularly to build internal relationships, educates Bank employees about ways to introduce Bank customers to the mortgage department, and looks for opportunities to introduce non‑bank mortgage customers to the variety of financial services offered by Prosperity Bank with a warm handoff to the Bank employees in the assigned Banking Center. The mortgage referrals received from the Bank should be an adjunct to their self‑sourced business. Responsible for establishing and maintaining effective communication, coordination, and working relations with Bank personnel in the mortgage fulfilment area and with management. As an MLO, you are to present yourself in a professional manner, representing Prosperity Bank with the highest level of professional conduct and ethical behavior, while always looking after the safety of the customer’s personal information and the best interest of the Bank. The MLO meets with potential customers to understand their financial needs and present them with the best mortgage products to suit those needs. The MLO oversees the customer experience through the entire loan process, from origination and analysis to loan closing. The MLO stays informed of, and abides by, the lending standards and related legal requirements and always strictly adheres to all Bank policies, regulatory and legal requirements. Supervisory Responsibilities This role has no supervisory duties. Prosperity Bank is an Equal Opportunity Employer. Qualifications Education/Certification : High school graduate or equivalent; advanced degree preferred. Required Knowledge : Knowledge of Bank consumer mortgage lending policies, procedures, and guidelines; understanding of financial analysis and determination of credit worthiness; NMLS certified. Experience Required : 3 to 5 years of prior mortgage banking experience, including a working knowledge of FNMA/FHLMC, FHA, VA. Skills/Abilities : Excellent communication and public relations skills; financial analytical skills; solid interviewing skills; able to use related computer applications and business machines. Physical Activities and Requirements Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly. Average Hearing: Able to hear average or normal conversations and receive ordinary information. Repetitive Motion: Movements frequently and regularly required using the wrists, hands, and/or fingers. Average Visual Abilities: Average, ordinary visual acuity necessary to prepare or inspect documents or products, or operate machinery. Driving and Mobility: This position is largely an outside sales position. As such, you will be expected to hold a valid driver license in your State, maintain required automobile insurance and abide by the standards for cell phone use as described in the employee handbook. Physical Strength: Ability to withstand moderate physical activity throughout the workday (standing, walking, reaching, driving); ability to sit for extended periods of time; ability to lift or move up to 25 pounds on occasion; ability to maintain attention and concentration for extended periods of time. Working Conditions No hazardous or significantly unpleasant conditions (such as in a typical office). Hours Monday - Friday 9:00 am to 5:00 pm #J-18808-Ljbffr