Residential Mortgage Specialist

1 week ago


New Braunfels, Texas, United States Security State Bank & Trust Full time
Job Overview

Position Summary:

Originate residential mortgage loans intended for the secondary market. Proactively promote services to bank clientele and the broader community, including business referral partners. Engage in business development initiatives aimed at enhancing referral partnerships and increasing loan production.

Key Responsibilities:

  • Uphold the Core Values of Security State Bank & Trust.
  • Reach out to potential referral sources to solicit mortgage loans, adhering to company standards and production targets.
  • Participate in community events sanctioned by the bank.
  • Deliver informative presentations to referral partners and community members regarding mortgage financing options.
  • Assist potential borrowers in accurately completing loan applications.
  • Prequalify applicants for home loans based on their credit, income, and assets.
  • Collect necessary documentation from prospective borrowers.
  • Present all mortgage product options that align with the applicant's qualifications.
  • Provide all required loan disclosures for the selected product and any subsequent disclosures due to changes in loan terms prior to closing.
  • Request interest rate locks from the Lock Desk via the Point of Sale/Loan Origination System.
  • Gather funds for services such as appraisals.
  • Coordinate with realtors and borrowers, providing updates on loan status.
  • Maintain open communication with applicants and internal team members.
  • Oversee the loan process to ensure timely closing and funding.
  • Stay informed about mortgage products, guidelines, and industry changes to serve as a knowledgeable resource for clients and referral partners.
  • Perform other duties as assigned.

Qualifications:

  • Associate's Degree in Business, Management, Marketing, Finance, or a related field, or equivalent work experience.
  • A minimum of 3 years of experience in outside sales and mortgage lending.
  • Familiarity with current laws and regulations governing mortgage lending.
  • Strong interpersonal, organizational, and communication skills.
  • Self-motivated with the ability to work independently and exercise sound judgment.
  • Proficient in using personal computers, including internet browsers, MS Word, Excel, and loan origination software (preferably Encompass).
  • Ability to perform under pressure while maintaining professionalism and enthusiasm.
  • Possession of a valid Driver's License and a clean driving record.
  • Willingness to travel within the bank's territory as required.


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