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Community Lending Officer
2 months ago
We are seeking a highly motivated and experienced Community Lending Officer to join our team at Northwest LLC. As a key member of our lending team, you will be responsible for originating new CRA qualifying residential mortgage and small business relationships through internal and external sources in an assigned geographic area.
Key Responsibilities- Proactively solicit and originate new CRA qualifying residential mortgage and small business relationships
- Participate in providing financial education and working with non-profit and professional organizations to promote homeownership, small business, and community development opportunities
- Advise customers on deposit products and services offered by the bank and promote the growth and profitability of the bank
- Develop and maintain successful relationships with internal and external referral sources
- Prospect new mortgage, small business, community development loans
- Develop relationships with community organizations, MLOs, commercial and small business lenders to improve lending to LMI individuals and within LMI and high minority census tracts
- Facilitate communication activities with customers and referral sources during loan origination process
- Review applications, credit files, and customer qualifications to determine appropriate loan products and pricing
- Counsel and coach loan applicants to assist them towards their goals and to deliver the best loan products for their needs
- Request timely loan rate locks for Secondary Marketing
- Maintain up-to-date knowledge of loan products including conventional, portfolio, FHA, VA, USDA-Rural Housing programs and secondary market rules
- Achieve production and quality goals
- Cross-sell other Northwest products and services to loan applicants
- Responsible for ensuring that they consistently provide the best customer experience possible
- Bachelor's Degree in Business, Finance, or related subject or equivalent experience
- 3-5 years Mortgage origination or sales experience
- 3-5 years Lending / Banking experience
- 3-5 years Supervisory Experience
- Customer Service Experience
- Knowledge of banking industry laws, regulations, and the retail origination process
- Knowledge of conventional, government loan products and guidelines including Fannie Mae, Freddie Mac, FHA, USDA-Rural Housing and VA loans
- Knowledge of Ellie Mae-Encompass Loan Origination software, Freddie Mac - Loan Product Advisor and Optimal Blue pricing engine
- Sales skills with the ability to turn prospects into customers
- Strong networking and organizational skills
- Ability to work collaboratively and manage multiple deadlines and priorities
We offer a competitive salary range of $50,000-80,000 per year plus a structured incentive compensation plan. We are an Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.