Full Time Loan Processor I

Loan Officer

University Place WA - University Place, WA 98466

Salary Range $35,568.00 - $200,000.00 Base+Commission/year Category Sales

PROVIDE our customers with the best combination of service, rates, and fees. GIVE BACK to our community. These are the core values of NOVA Home Loans in which we act on employee feedback and implement changes that will make NOVA Home Loans a better place to work and promote a higher level of service to our clients.

Evolving as a Loan Officer by having...

A High School Diploma or GED is required, with a bachelor's degree in a related field preferred.

Equivalent education and relevant work experience may be considered.

Must hold a valid Loan Originator License and maintain it in good standing.

Preferred: 2 years of experience in the mortgage industry.

Preferred: 2 years of experience in a customer service-focused role.

Deliver exceptional customer service, managing all aspects of the loan process from application to closing, ensuring timely communication, and providing required documentation promptly.

Serve as quality control and compliance supervisor for the team, ensuring adherence to relevant regulations and company procedures.

Conduct in-depth industry research on regulatory requirements, market strategies, audience development, and industry trends to support informed decision-making.

Direct and supervise team members, including loan officer assistants and clerical staff, handling performance appraisals, promotions, and other HR functions.

Exercise sound judgment in loan decisions, ensuring comprehensive knowledge of products, client needs, and regulatory requirements.

Manage each loan from application through to closing, coordinating all client communications and supervising loan personnel.

Gather and analyze client financial information to recommend products that best meet their needs; advise on the benefits and drawbacks of different financial products

Build business relationships and develop referral networks to identify prospective clients.

Guide and pre-qualify potential clients, ensuring accurate application information and advising on loan feasibility and available financial products.

Collect and verify supporting documentation, including credit history, financials, and compliance with all loan terms and guidelines.

Obtain and lock in precise loan terms, communicate these to clients, and review HUD-1 documents for accuracy prior to closing.

Stay current with product offerings, underwriting guidelines, market trends, and emerging loan and financial products.

Ensure full compliance with all mortgage lending laws, rules, and regulations.

Lead recruitment, onboarding, and training efforts in collaboration with Human Resources.

Perform tasks that support NOVA's management and business operations.

Knowledge of, and strict compliance with, all applicable federal, state, and local laws, rules, and regulations regarding all types of mortgage loans.

Able to maintain high level of confidentiality regarding private, trade secret and/or proprietary information.

Knowledge and understanding of computer software programs such as Microsoft Word, Excel, and Outlook as well as mortgage tracking software.

Excellent responsiveness to customers and Nova personnel.

NOVA benefits to full-time employees include Employee Discount, Paid Time off, Health/Dental/Vision/Life/Disability Insurance, 401(k) with an employer match, Health Savings Account with employer contribution, and an Employee Assistance Program

NOVA is an equal opportunity employer, substance-free workplace, and complies with the Americans with Disability Act regulations as applicable.

All applicants are considered for all positions without regard to race, religion, color, sex, gender, sexual orientation, pregnancy, age, national origin, ancestry, physical/mental disability, medical condition, military/veteran status, genetic information, marital status, ethnicity, alienage, or any other protected classification, in accordance with applicable federal, state, and local laws. Equal access to programs, services, and employment is available to all qualified persons. Those applicants requiring accommodation to complete the application and/or interview process should contact the Human Resources department at NOVA Home Loans.