Real Estate Lender Position Available In Calcasieu, Louisiana

Real Estate Lender 3.6 3.6 out of 5 stars 4056 Ryan St, Lake Charles, LA 70605

Position Title:

Mortgage Loan Officer Department:

Mortgage Loans Classification:

Hourly

REPORTING RELATIONSHIPS

Position Reports To:

Mortgage Loan Manager

POSITION PURPOSE

Responsible for origination of long-term mortgage loans as well as lot and construction loans. Conducts initial pre-qualification interviews and prepares complete loan application packages and necessary documentation. Conveys policies for extension of credit in accordance with Credit Union and secondary investor guidelines. Meets Mortgage Loan scheduling and documentation requirements, and production expectations as determined by the Mortgage Loan Manager. Serves members, prospective members, builders, developers, and Realtors promptly and professionally. Provides general Credit Union information and cross-sells services.

ESSENTIAL FUNCTIONS AND BASIC DUTIES 1.

Assumes responsibility for the effective and professional completion of assigned loan origination functions. a. Interviews, takes applications, and processes preliminary documentation on loan requests. Discusses loan alternatives, credit criteria, interest rates, and loan documentation in such a manner as to elicit positive responses from members. b. Performs follow-up work as necessary to achieve conditional approval within established time frames. c. Notifies member if loan is referred to Officer because of problem ratios or credit ratings. d. Advises members of loan approval or denial. Explains loan denials precisely and clearly to members. e. Completes lending operations in accordance with established Credit Union policies and legal requirements. 2. Assumes responsibility for establishing and maintaining effective and professional business relations with members, Realtors and building professionals. a. Answers questions and requests and resolves problems. b. Informs members of Credit Union loan policies and services. c. Counsels members regarding money management and financial matters. Counsels members whose loan requests were denied, explaining reasons and alternatives. d. Maintains and projects the Credit Union’s professional reputation. 3. Assumes responsibility for establishing and maintaining effective communication and coordination with Credit Union personnel and with management. a. Coordinates functions with related departments and Branches and provides support as needed. b. Assists Mortgage Loan personnel and serves as a backup as needed. c. Keeps management informed of area activities and of any significant problems. d. Attends and participates in meetings and committees as required. e. Completes required records and reports. 4. Assumes responsibility for related duties as required or assigned. a. Professionally cross-sells Credit Union services. b. Stays informed regarding changes in lending standards, related legal requirements, and trends in local real estate and competitive market. c. Ensures that work area is clean, secure, and well maintained.

PERFORMANCE MEASUREMENTS 1.

Lending functions are effectively performed in accordance with established Credit Union policies and with legal and regulatory requirements. 2. Good business relations exist with members and business professionals. Programs and services are properly and thoroughly explained, and questions courteously answered or appropriately referred. 3. Loan documentation, files, and related reports are complete, accurate, and timely. Monthly reports are submitted as scheduled. 4. Loan applications and related financial data are closely and effectively analyzed and evaluated. 5. Good working relations exist with Credit Union personnel and with management. Assistance is provided as needed. Management is appropriately informed. 6. Established production expectations are met or exceeded.

QUALIFICATIONS

Education/Certification:

High school graduate or equivalent. Additional coursework in business or related field preferred.

Required Knowledge:

Understanding of the foundation of determining credit worthiness. Knowledge of Credit Union loan policies, products, procedures, processing, and underwriting guidelines. Familiarity with title reports, insurance, and appraisals.

Experience Required:

One to two years of related loan processing experience. Real Estate background helpful.

Skills/Abilities:

Strong interviewing skills. Excellent communication and public relations abilities. Good analytical and financial skills. Able to operate related computer applications, calculator, and other basic business equipment.

Job Type:

Full-time Pay:

$22.00 – $24.00 per hour Expected hours: 40 per week

Benefits:

401(k) 401(k) matching Dental insurance Employee assistance program Health insurance Life insurance Paid time off Referral program Retirement plan Vision insurance

Schedule:

Monday to Friday Ability to

Commute:

Lake Charles, LA 70605 (Preferred) Ability to

Relocate:

Lake Charles, LA 70605: Relocate before starting work (Preferred)

Work Location:

In person