Community Loan Originator

2 months ago


Avon, Connecticut, United States Northwest Community Bank Full time
Job Summary

We are seeking a highly motivated and experienced Community Loan Originator to join our team at Northwest Community Bank. As a Community Loan Originator, you will be responsible for developing referral sources from community groups, realtors, attorneys, and builders for 1st time homebuyer and CRA loans. You will serve as the liaison for these groups, detailing all outreach initiatives and pre-qualifying and originating residential loan production with a focus on 1st time homebuyer and CRA loans.

Key Responsibilities
  • Develop referral relationships with attorneys, builders, housing agencies, and real estate agents to generate new mortgage business.
  • Work closely with Retail to generate leads and cross-sell products.
  • Pre-qualify and originate residential loan products with a focus on 1st time homebuyer and CRA loans to meet sales and service goals.
  • Meet with applicants and take applications, including off-site and after-hour meetings/interviews.
  • Provide quality service and serve as the liaison between real estate agents, attorneys, borrowers, and the Bank during the application process and through closing.
  • Develop a sales plan that targets referral sources and implements the plan to meet CRA objectives.
  • Forge good relationships with local housing agencies and groups that specialize in CRA outreach programs.
  • Prepare CRA activity reports detailing all activities related to sales calling and outreach efforts.
  • Respond and resolve customer requests and participate in obtaining required documents from the applicant throughout the mortgage loan process.
  • Inform customers/applicants of processing, underwriting, and closing procedures post-application, provide estimates of closing costs, and all required disclosure information.
  • Establish and maintain contact with real estate brokers, attorneys, builders, and other related professionals within the geographic territory to promote and develop Bank business, providing information on any new programs or procedures implemented by the Bank.
  • Attend open houses to facilitate new business, conduct First-Time Home Buyer seminars, and follow up with attendees.
  • Appropriately refer customers and prospects to other Bank salespeople to cross-sell Bank products.
  • Keep abreast of regulatory and competitive developments within the area of residential lending.
  • Perform all duties in accordance with prescribed regulatory compliance and Bank guidelines.
  • Attend relevant seminars and courses to update and advance knowledge and skills.
Requirements
  • Associates Degree or its equivalent plus specialized coursework and training.
  • 3-5 years mortgage origination experience or sales experience.
  • Analytical skills to comprehend and explain financial calculations.
  • Excellent communications, negotiation, and organization skills.
  • Detail-oriented.
  • Must have computer skills, including Internet, Microsoft Office, Outlook, Word, and Excel.
  • Must be able to work off-bank hours.
  • Must have a valid driver's license and be able to travel throughout the Bank's lending territory.
  • Encompass loan origination software experience a plus.
  • Bilingual preferred but not required.


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