Mortgage Loan Officer at Sun Community Federal Credit U

El Centro, California, United States -

Full Time

Start Date

Immediate

Expiry Date

24 Dec, 25

Salary

88680.0

Posted On

25 Sep, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Mortgage Lending, Loan Origination, Financial Assessment, Communication, Relationship Building, Attention to Detail, Organizational Skills, Analytical Skills, Regulatory Compliance, Customer Service, Portfolio Management, Community Engagement, Problem Solving, Team Collaboration, Time Management, Software Proficiency

Industry

Banking

Description

Mortgage Loan Officer Department: Real Estate FLSA: Exempt EEO: Administrative Support Workers Salary Grade: 16 Salary Range: $59,120.00-$88,680.00 POSITION REPORTS TO: VP Residential Real Estate SUPERVISORY POSITION: No People Vision: Our people create an environment that produces genuine empathy and feelings of care and concern for a better future and personal well-being to make us the only choice in the communities we serve… “Changing lives, because we care.” Position Summary: The Mortgage Loan Officer (MLO) serves as a subject matter expert in mortgage lending, focusing on originating, processing, and servicing long-term mortgage loans. The MLO evaluates applicants’ financial circumstances, provides personalized loan solutions, and fosters strong relationships with members, real estate professionals, and referral networks. This role emphasizes delivering exceptional member experiences while ensuring compliance with all policies, procedures, and regulations. ESSENTIAL FUNCTIONS AND BASIC DUTIES Business Development and Member Engagement • Build and maintain a book of business through strategic relationships with local real estate professionals and referral networks. • Represent the Credit Union at events, fostering community partnerships and expanding loan opportunities. • Educate members on mortgage products, processes, and regulations while guiding them toward achieving homeownership goals. Loan Origination and Processing • Conduct pre-qualification interviews, gather financial documentation, and evaluate members’ financial backgrounds. • Recommend mortgage products tailored to members’ needs, including conventional, FHA, VA, and USDA loans. • Prepare and submit complete loan application packages for underwriting, ensuring accuracy and compliance. • Maintain clear communication with applicants throughout the loan process, addressing inquiries and resolving concerns promptly. Portfolio Management and Reporting • Monitor real estate loan portfolio performance, including delinquencies and compliance with regulatory standards. • Assist with HMDA reporting, property tax processing, and insurance payments. • Provide detailed reports on portfolio activities, significant developments, and department goals to management. Collaboration and Continuous Improvement • Work closely with loan processors, underwriters, and department staff to ensure efficient loan processing. • Actively participate in departmental meetings and process improvement initiatives. • Provide backup support for department functions as needed. PERFORMANCE MEASUREMENTS • Efficient and compliant execution of lending services in alignment with Credit Union policies and industry standards. • Timely and accurate preparation of reports and regulatory documentation. Achievement of loan production and portfolio performance goals. Positive working relationships with members, vendors, and colleagues. QUALIFICATIONS Education/Certification: High school diploma or equivalent required; some college coursework preferred. NMLS registration required. Knowledge of industry-standard software (e.g., Microsoft Office, LaserPro) preferred. Experience Required: Minimum of 5 years of experience in real estate mortgage lending, including origination and servicing. Familiarity with mortgage products and guidelines (Fannie Mae, Freddie Mac, FHA, VA, USDA) required. Skills/Abilities: • Strong analytical and financial assessment skills. • Excellent communication and relationship-building abilities. • High attention to detail and organizational skills. • Proficiency in using modern office equipment and financial software. Ability to manage multiple tasks and meet deadlines effectively WORKING CONDITIONS No hazardous or significantly unpleasant conditions (such as in a typical office).

Responsibilities

The Mortgage Loan Officer is responsible for originating, processing, and servicing long-term mortgage loans while ensuring compliance with policies and regulations. This role involves evaluating applicants' financial circumstances and providing personalized loan solutions.