Loan Originator
2 months ago
SummitHR is seeking a highly skilled Loan Officer to join our team. As a Loan Officer, you will be responsible for developing new business, structuring, and closing loans, as well as maintaining and servicing an existing portfolio.
Key Responsibilities:
- Manage customer relationships through the entire loan process, setting expectations, taking applications, and managing closings.
- Collect and analyze information and documentation regarding the customer's employment, income, assets, credit history, and debts to determine the appropriate mortgage loan financing options.
- Represent the company in the local community through active involvement in community affairs and by participating in marketing efforts of products and services.
- Originate residential mortgage loans that meet established loan quality and production goals.
- Respond to customer inquiries and referrals in a timely and professional manner.
- Conduct interviews with prospective borrowers to analyze financial and credit data and determine customer financing objectives.
- Manage overall customer interaction and interfaces with all parties involved on each individual loan from application to closing.
- Negotiate terms, structure loan financing based on risk considerations, and present credits for approval.
- Maintain a thorough knowledge of lending programs, policies, procedures, and regulatory requirements for Conventional, FHA, VA, NON-QM, and SAFE ACT guidelines.
- Provide monthly projections for production on a timely basis.
- Participate in internal meetings and required training.
Requirements:
- Must have mortgage experience.
- Must be a Licensed Mortgage Professional.
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