Mortgage Lender Trainee

Pay is based on a number of factors including the successful candidate's job-related knowledge and skills, qualifications, and prior experience. Arvest offers a comprehensive suite of benefits, including a full range of health and life, financial, and wellness benefits. For more information about benefits, please visit

Position is Monday through Friday 8 am to 5 pm with ability to work additional hours or weekends as needed.

Location: 103 S Bloomington, Lowell, AR.

Summary:

The story of Arvest is one of commitment started by our founders in 1961, with an intense dedication to focusing on our customers. We will always be active and involved members of the communities we serve, and we will always work to put the needs of our customers first as we continue to fulfill our mission - People helping people find financial solutions for life.

Job Title: Mortgage Lender Trainee

Under the supervision and guidance of the assigned manager, the Mortgage Lender Trainee is responsible for learning the fundamentals of effective origination, underwriting, analysis, closing and servicing of 1-4 family residential real estate loans. The incumbent will remain current on all mortgage products to offer professional guidance to borrowers in their search for financing. The incumbent will proactively learn and search for cross-selling opportunities to maximize revenue generation. The Mortgage Lender Trainee will minimize risk exposure by adhering to all federal, state and internal compliance regulations, policies and procedures. Trainees are recommended to transition to a lending role within 12 months.

We seek candidates who embrace diversity, equity, and inclusion in a workplace where everyone feels valued and inspired.

What You Will Do at Arvest: (Other duties may be assigned.)
• Develop an understanding of the mortgage lending process. Under the guidance of a seasoned lender, accept borrower applications, evaluate and place them in the best possible loan products for approval. Know, understand and follow the Arvest lending policy.
• Work with a seasoned lender in learning the underwriting guidelines for FHA, Fannie Mae and other programs; understand the programs and guidelines required for loan approval. Additionally, learn the fundamental skills of sales and networking to increase customer relationships.
• Follow up with customers to obtain necessary trailing documents.
• Provide administrative marketing and sales support to the seasoned lender, including preparation, presentation, and participation in seminars or information sessions for realtors, builders, etc.
• Proactively learn and build a knowledge base of identifiable opportunities to appropriately strengthen the customer relationship with Arvest. Listen to the customer, identify a potential need and adequately introduce a cross-selling product or referral to meet that need.
• Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes but is not limited to complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.


Supervisory Responsibilities: NA

Responsibilities:

Toolbox for Success:
• High School Diploma or General Education Degree (GED) required.
• 2 years of sales experience required.
• Current NMLS SAFE Act Registration or the ability to be registered within 30 days required.
• Banking or mortgage/real estate experience preferred.
• An Associate's degree in a related field is preferred.
• Relevant military experience is considered for veterans and transitioning service members.


Physical Demands:

The associate must be able to travel occasionally by themselves within the US, possibly overnight. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

We offer competitive compensation, benefits packages, and significant professional growth.

Along with an excellent benefits package, our associates are engaged, rewarded for performance, and encouraged to grow professionally and personally. Our future is driven by our associates. If you want to be recognized for your results and empowered to reach your potential, we urge you to apply.


Grade 12

Pay Range: $20.00 - $24.95 per hour