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Mortgage Loan Officer - New Hampshire
Career Insights for Mortgage Loan Officer
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Scorecard
Based on Massachusetts data
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What they do
A Mortgage Loan Officer assists customers who apply for loans, and solicits loan applications on behalf of a bank, mortgage broker or credit union. Provides information on types of loans available, gathers financial and credit information needed to evaluate loan applications; guides the application and approval process. May partner with real estate agents to offer financing information to potential home buyers. May sell mortgage loans on commission.
$64,355 / year median in Massachusetts
-26% projected decline
Job Description
POSITION:
MORTGAGE LOAN OFFICER - NEW HAMPSHIRE
Position Summary:
At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being. We are committed to exceeding expectations and having a strong commitment to diversity and inclusion.Responsible for selling and originating residential mortgage products and Home Equity products, using initiative and imagination in finding and developing new sources of business. Responsible for Fair Lending outreach and follow through on the Community Reinvestment Act.
Key Result Areas:
- Originate high quality loans which meet CSB guidelines
- Solicit customers by developing relationships with real estate professionals, builders, local housing agencies, and other business referral sources
- Determine and recommend appropriate loan products to meet the customer's needs, promoting and cross-selling Bank products and services, as appropriate
- Meet established loan production goals, service existing mortgage customers, and consistently deliver superior experiences to all CSB customers
- Participate in networking and community involvement activities
- Support the Commercial Lending division as needed
- Establish and maintain effective working relationships with other employees & Operations partners.
- Network with Branch partners to generate joint referrals (where applicable)
- Continually complete ongoing job training and development as needed to remain current on market trends, products, and education
- Perform additional duties as required
Qualifications:
- High School Diploma/GED equivalent or 15 years of mortgage origination experience
- 2+ years experience in outside mortgage banking sales, with knowledge of mortgage financing and mortgage programs
- Understanding of secondary market underwriting guidelines, P.M.I, and condominium standards
- Successfully register with the Nationwide Mortgage Licensing System
- Excellent interpersonal and communication skills
- Ability to meet established goals, interact with customers effectively, and work without direct supervision
- Must be able to travel across Massachusetts The above description covers the most significant major responsibilities but does not exclude other occasional responsibilities and accountabilities, the inclusion of which would be in conformity with the major purpose of this job.