Mortgage Loan Officer (Full Time) - OKC, Expressway

A pre‑employment credit check will be performed on all qualified applicants.

MORTGAGE LOAN OFFICER (FULL TIME) - OKC, EXPRESSWAY

Full Time Mortgage Originator Oklahoma City, OK, US 3 days ago Requisition ID: 10501 Prosperity Bank is an Equal Opportunity Employer.

POSITION PURPOSE

The responsibility of the Mortgage Loan Officer (MLO) is to source new mortgage loan business from leads generated inside and outside the Bank. The MLO takes loan applications, reviews them, provides applicants with lists of required documents, sets realistic expectations about the mortgage loan process, and provides regular updates to applicants and related parties. The MLO discusses mortgage‑related facts and issues with applicants concerning ability to repay, bank credit policy, and documentation necessary for underwriting. The MLO must be familiar with bank credit policy and guidelines of the GSEs, FHA and VA.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

The principal responsibility of the MLO is the origination of eligible mortgage loans. This requires focus on the 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 is to visit the Bank regularly to build internal relationships, educate Bank employees about how to introduce Bank customers to the mortgage department, and look 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 self‑sourced business. Establish and maintain effective communication, coordination, and working relations with Bank personnel in the mortgage fulfilment area and with management. Present oneself in a professional manner, representing Prosperity Bank with the highest level of professional conduct and ethical behavior, while protecting customer personal information and the best interests of the Bank. Meet with potential customers to understand their financial needs and present them with the best mortgage products to suit those needs. Oversee the customer experience through the entire loan process, from origination and analysis to loan closing. Stay informed of, and abide by, lending standards, related legal requirements, and always strictly adhere to all Bank policies, regulatory, and legal requirements.

SUPERVISORY RESPONSIBILITIES

This role has no supervisory duties.

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 creditworthiness; NMLS certified. Experience Required: 3 to 5 years of prior mortgage banking experience, including working knowledge of FNMA/FHLMC, FHA, VA. Skills/Abilities: Excellent communication and public relations skills; financial analytical skills; solid interviewing skills; ability to use related computer applications and business machines. PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION Talking: 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: Position is largely an outside sales position. Expectation 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; ability to lift or move up to 25 pounds on occasion; ability to maintain attention and concentration for extended periods.

WORKING CONDITIONS

No hazardous or significantly unpleasant conditions (such as in a typical office).

MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Reasoning Ability: Ability to deal with a variety of variables under limited standardization; ability to interpret various instructions. Mathematics Ability: Ability to compute interest, payments, profit and loss, financial ratios, percentage, cash flow, and debt service; ability to perform very simple algebra. Language Ability: Ability to read a variety of books, magazines, instruction manuals, atlases, and encyclopedias; ability to prepare memos, internal loan applications, reports, and essays using proper punctuation, spelling, and grammar; ability to communicate distinctly with appropriate pauses and emphasis, correct pronunciation; variation in word order using present, perfect, and future tenses. Hours: Monday - Friday 9:00 am to 5:00 pm #J-18808-Ljbffr Prosperity Bank