Mortgage Loan Officer at O Bee Credit Union

Lacey, Washington, United States -

Full Time

Start Date

Immediate

Expiry Date

17 Jun, 26

Salary

17.13

Posted On

19 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Mortgage Loan Origination, Promotional Strategy, Financial Needs Assessment, Loan Packaging, Consumer Mortgages, Loan Application Process, Cross-Selling, Lending Policy Knowledge, Regulatory Compliance, Loan Underwriting, Automated Underwriting Systems, Suspicious Activity Reporting, Realtor Relationship Management, Sales Techniques, Risk Assessment

Industry

Banking

Description

Description O Bee Credit Union is hiring a Mortgage Loan Officer to join our amazing team. This is a full-time role that plays a vital part in supporting our mission, our members, and our one-of-a-kind company culture. What You’ll Do: As our Mortgage Loan Officer, you will play a pivotal role in providing mortgage loan services to our members. Your primary responsibilities will be to originate high-quality mortgage loans, initiate promotional strategies to attract new members, and meet with potential members to understand their financial needs and find the best mortgage product to suit those needs. The Details: Location: Lacey, WA Pay: Base pay plus commissions. Base pay is $17.13 an hour. Why You’ll Love Working Here: Our organization is deeply rooted in the communities we serve, and we take pride in volunteerism and being a part of local events like parades and festivals. First and foremost, we love our members and our team members. We offer a competitive benefits package, including: Employer-paid medical, dental, and vision insurance options 100% 401(k) match up to 4% of your salary Tuition reimbursement Charitable Volunteer Hours Incentive pay for achieving individual or company goals Responsibilities: Develop mortgage loan business through calls to realtors, leads, relationships with individuals, existing clients, past clients and directly to the member database. Participate in training for marketing, sales, and scenario techniques to effectively sell, package, and close consumer mortgages. Interview loan applicants and assist with the loan application process. Keep up to date on all credit union products and services, policies and procedures, and rules and regulations to cross-sell credit union products. Attend local realtor and business functions and represent O Bee at designated sponsored events. Provide information to Members regarding lending policy, terms, interest rates, and payment configurations. Provide guidance and information relevant to the risks and benefits of each program. Ensure all necessary documents are signed by the borrower. Ensure that all loans have proper documentation for regulatory compliance. If a loan is denied, work with the member to provide recommendations or alternative options for other possible ways to secure a loan in the future. Implement new loan products and services in accordance with management direction. Underwrite and approve loans based on automated system. Notify senior management of any suspicious activities, providing information needed to complete Currency Transaction Reports (CTRs) and Suspicious Activity Reports (SARs). Apply today and be part of something meaningful at O Bee Credit Union. O Bee Credit Union provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran. Requirements Must have high school diploma or equivalent. Must have at least three years of mortgage lending experience in a financial service setting. Must have experience with the origination process, underwriting criteria, and secondary market guidelines. Must have experience with FHA, VA and USDA and Reverse Mortgages. Must have flexible hours – availability for weekend hours and after hours are a must. Must be able to pass a background and credit check. Must be eligible to register with the Nationwide Mortgage Licensing System & Registry (NMLS) and must maintain registration with NMLS as a registered Mortgage Loan Originator (MLO).

Responsibilities

The Mortgage Loan Officer will primarily originate high-quality mortgage loans, develop business through various outreach methods, and interview applicants to find suitable mortgage products. Responsibilities also include ensuring regulatory compliance, underwriting loans, and notifying management of suspicious activities.