Senior Mortgage Loan Officer

at  American National Bank of Texas

The Senior Mortgage Loan Officer is accountable for originating residential mortgage loans, pre-qualifying the creditworthiness and the ability of customers to repay loans, servicing these loans to meet or exceed the Bank’s credit quality, profitability and growth and service objectives. The individual is responsible for referring customers to the appropriate banker for the cross-sale of products and services.

• Create, develops, and maintains relationships with referral and industry sources for the origination of investment quality mortgage loans in order to maximize volume and income and meet banking center profitability goals
• Interfaces with the borrower as necessary to take and document a complete and accurate loan application and determines creditworthiness by analyzing customers’ financial condition, examining and evaluating the acceptability of collateral, and determining the capacity of the customer to repay the loan
• Sets expectations for the borrow as to the processes required for loan approval and terms of the loan applied for, and communicates with the borrower throughout the loan process, approval and closing stages
• Responds to customer inquiries and generates from both their own contacts and from other bank businesses channels, as well as identifies and generates referrals for other bank services
• Advises applicants of options available to them, explains the difference between various types of mortgages, and negotiates terms and conditions of the loan
• Keeps up-to-date with conditions in the local real estate market and with changes in rules and regulations pertaining to both private and government-insured mortgages
• Position subject to SAFE Act registration requirements

Qualifications:

• 3-5 years of relevant experience in residential construction and permanent lending with compliance training and knowledge or the equivalent. Knowledge of real estate laws and FNMA selling and servicing guidelines. Valid driver’s license, clean driving record, and reliable transportation for making outside sales calls; position requires registration with the National Mortgage Licensing and Registry (NMLS)

Skill:

• Working knowledge of Microsoft Excel and MS Work; basic keyboarding and calculator; must be able to do simple math and carry out written instructions

• Create, develops, and maintains relationships with referral and industry sources for the origination of investment quality mortgage loans in order to maximize volume and income and meet banking center profitability goals
• Interfaces with the borrower as necessary to take and document a complete and accurate loan application and determines creditworthiness by analyzing customers’ financial condition, examining and evaluating the acceptability of collateral, and determining the capacity of the customer to repay the loan
• Sets expectations for the borrow as to the processes required for loan approval and terms of the loan applied for, and communicates with the borrower throughout the loan process, approval and closing stages
• Responds to customer inquiries and generates from both their own contacts and from other bank businesses channels, as well as identifies and generates referrals for other bank services
• Advises applicants of options available to them, explains the difference between various types of mortgages, and negotiates terms and conditions of the loan
• Keeps up-to-date with conditions in the local real estate market and with changes in rules and regulations pertaining to both private and government-insured mortgages
• Position subject to SAFE Act registration requirement