Mortgage Loan Officer

Job Description

The Mortgage Loan Officer is responsible for the origination of term mortgage loans for sale on the secondary mortgage market. He or she conducts initial pre-qualification interviews and prepares complete loan application packages and necessary documentation, conveys policies for extension of credit in accordance with Bank and secondary investor guidelines, and meets scheduling and documentation requirements and production expectations as determined by the Senior Vice President of Residential Mortgage Lending. The Mortgage Loan Officer serves customers, prospective customers, builders, developers, and realtors promptly and professionally. In addition, he or she provides general bank information, cross-sells services, and helps other Mortgage Loan personnel as necessary.


Qualifications

• Must be at least 18 years old
• High school diploma or GED required
• Active license number with the Nationwide Mortgage Licensing System and Registry or the ability to obtain such
• Mortgage loan processing/lending experience preferred
• Real estate background helpful
• Knowledge of Bank loan policies, products, procedures, processing, and underwriting guidelines preferred
• Familiarity with title reports, insurance, and appraisals preferred
• Strong interviewing skills
• Excellent written and verbal communication skills
• Good analytical and financial skills
• Able to operate related computer applications, calculator, and other basic business equipment
• Able to accommodate and get along well with coworkers
• Able to work in a fast-paced environment with a large amount of stress

Responsibilities

• Interviews, takes applications, and processes preliminary documentation on loan requests, discussing loan alternatives, credit criteria, interest rates, and loan documentation in such a manner as to elicit positive responses from customers
• Performs follow-up work as necessary to achieve conditional approval within established time frames
• Notifies customer if loan is referred back to Officer because of problem ratios or credit ratings
• Advises customers of loan approval or denial and explains loan denials precisely and clearly to customers
• Completes lending operations in accordance with established Bank policies and legal requirements
• Informs customers of Bank loan policies and services
• Counsels customers regarding money management and financial matters and customers whose loan requests were denied, explaining reasons and alternatives
• Coordinates functions with related departments and Branches and provides support as needed
• Helps other area personnel as required
• Keeps management informed of area activities and any significant problems or concerns
• Attends and participates in meetings and committees as required
• Stays informed regarding changes in lending standards, related legal requirements, and trends in local real estate and competitive market
• Completes required reports and records accurately and promptly
• Cross-sells bank services by maintaining a general working knowledge of all bank products
• Promotes D.L. Evans Bank at all times
• Serves as a representative for D.L. Evans Bank in the community
• Ensures that customers' requests and questions are promptly resolved
• Maintains the professional reputation of D.L. Evans Bank
• Keeps work area and equipment clean, secure, and well maintained
• Completes special projects as assigned

Company Description

D.L. Evans Bank is a community bank and has been since 1904. For many years, we have provided premier banking services to the residents of Southern Idaho and Northern Utah while fostering a working environment for our employees dedicated to teamwork and excellent customer service. If you are a dynamic and customer-driven individual, whether an experienced banker or just beginning your career, we encourage you to continue with this applicant friendly, online job application!

D.L. Evans Bank is an Equal Opportunity Employer - veterans/individuals with disabilities. VEVRAA Federal Contractor. EOE/AA/Vets/IWD.

Benefits

• Medical Insurance
• Dental Insurance
• Vision Insurance
• FSA
• 401(k)
• Employee Stock Ownership Plan
• Paid Vacation
• Sick Time
• Life Insurance
• Long-term Disability Insurance