Job Description

Job Summary:

The experienced Mortgage Loan Officer will assist clients as they navigate the mortgage process. Utilizing their center of influence, the Mortgage Loan Officer will obtain applications from prospective borrowers, then process, analyze, and prepare for closing and/or sale, mortgage loan applications for the purchase or refinance of real estate. This position is commission-based and requires the Mortgage Loan Officer to have at least three to five years' experience working on commission and with an existing book of business.

Duties/Responsibilities:

Meets with and interviews potential and current clients to understand their lending needs including first-time mortgages and refinance of existing loans.
Explains the differences between and approval requirements of various types of mortgages; prepares and presents a lending package based on client specifications.
Assists clients with completion of mortgage applications, inspecting completed documents for accuracy and thoroughness.
Reviews loan applications, gathers credit histories and reports, and assesses applicants’ capacity to repay and default risk.
Based on predetermined requirements, assesses, and grants or rejects mortgage applications.
Maintains knowledge of trends and developments in the local real estate market; current and predicted lending rates; and changes in rules, regulations, and best practices of various mortgages.
Develops and maintains contacts with local realtors, developers, and builders to promote and encourage the use of bank services for residential mortgages.
Performs other duties as assigned.

Supervisory Responsibilities:

May assist with training new mortgage officers.

Required Skills/Abilities:

Must have a strong conversion rate from application to closed loans.
Must be able to maintain and build centers of influence.
Must be a self-starter with little supervision.
Excellent interpersonal and customer service skills.
Proficient with Microsoft Office Suite or related software.

Education and Experience:

Three to five years of prior experience with mortgage lending or related field.
Bachelor’s degree in Finance or Business Administration strongly preferred.
NMLS License required.

Physical Requirements:

Prolonged periods of sitting at a desk and working on a computer.
Must be able to lift 15 pounds at times.

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate. This is a hybrid position.

Royal Banks of Missouri

Job Tags

Local area,

Similar Jobs

Talkiatry

Psychiatrist - Maine Job at Talkiatry

...Talkiatry is led clinically by Dr. Georgia Gaveras, a board-certified child, adolescent and adult psychiatrist with an additional board-certification in addiction medicine. At Talkiatry, that means our psychiatrists are in control of their practice. Our support staff...

Marriott International, Inc

Mainstage Actor Job at Marriott International, Inc

...Application Requirements: Upload a performance resume, specifying your height. Include a current headshot and a full-body photograph. Headshot and full-body photograph are required to be considered. Upload within your resume or attach within the...

Neiman Marcus Group, Inc.

Personal Stylist Assistant - San Francisco Job at Neiman Marcus Group, Inc.

...during our Talent Acquisition process. If you have a disability and need assistance or an accommodation, please reach out to us.Personal Stylist Assistant - San Francisco Neiman Marcus Group is a relationship business that leads with love in everything we dofor our...

INNOCEAN Canada

Art Director Intern Job at INNOCEAN Canada

...Job Description Were looking for an Art Director Intern at our Toronto office who thinks in big ideas and sees the world in stills and storyboards. Your camera roll is full of type, your Pinterest is pure moodboards, and your imaginations always on overdrive....

US Foods, Inc.

Nashville Shuttle Driver Job at US Foods, Inc.

Nashville Shuttle Driver at US Foods, Inc. summary: As a Nashville Shuttle Driver for US Foods, you will safely transport products to and from dispatch sites while adhering to a strong safety culture. This role requires a valid CDL Class A, commercial driving experience...

Mortgage Loan Officer (experienced) Job at Royal Banks of Missouri, Kirkwood, MO

d2Y5QW9CRFU2cW1HT2E2U2xsNi9VK2tSTGc9PQ==