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West Virginia Federal Credit Union

Loan Officer

Job Description

Education:
College degree or completion of a specialized course of study at a business school or completion of a specialized and extensive in-house training /apprenticeship program.
Experience:
Five years to ten years of similar or related experience. Recent real estate / consumer loan origination and/or servicing experience preferred. Must qualify for registration with NMLS to comply with the S.A.F.E. Act.
Supervisor:
Gale Harman Job Description:
In addition to assisting with consumer loan decisioning, serve as lead loan officer responsible for origination of mortgage loans as well as home equity and bridge loans. Conducts initial pre-qualification interviews and prepares complete loan application packages and necessary documentation and disclosures. Conveys policies for extension of credit in accordance with Credit Union and secondary investor guidelines. Meets scheduling, documentation requirements and production expectations as determined by the Vice President of Lending. Serves members, prospective members, and business agents and partners related to loan transactions promptly and professionally. Provides general Credit Union information and cross services to expand credit union relationship to multiple services.
Pay:
$25.00 - $35.00 per hour Expected hours: 40.0 per week
Work Location:
In person

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Based on West Virginia data

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What they do

A Loan Officer assists customers who apply for loans, and solicits loan applications on behalf of a bank, mortgage broker or other lender. Markets products and provides information on types of loans available, gathers financial and credit information needed to evaluate loan applications; guides the application and approval process. May specialize in loans to businesses or individuals, or in loans to buy real estate.

$81,688 / year median in West Virginia

-24% projected decline

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