Team Loan Officer at Atlantic Coast Mortgage

Fairfax, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

04 Jan, 26

Salary

0.0

Posted On

06 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Loan Origination, Client Relationships, Credit Analysis, Financial Data Review, Customer Service, Real Estate Market Knowledge, Mortgage Regulations, Negotiation, Networking, Interpersonal Skills, Communication Skills, Multi-tasking, Self-management, Initiative, Deadline Management, Professionalism

Industry

Financial Services

Description

Job Description Atlantic Coast Mortgage is seeking a qualified Team Loan Officer to foster loan origination sales. The Loan Officer will find prospective clients, guide them through the loan application process, and gather information to ensure that an informed loan decision is made. This position requires registration with the National Mortgage Licensing System and Registry (NMLS), as created under the federal S.A.F.E. Act. Job Duties & Responsibilities Establish, develop, and maintain client referral relationships with Realtors, builders, Developers, CPA’s, and financial planners and make sales calls on potential or existing customers in order to develop new business and/or retain existing business. Meet with prospective borrowers, review and analyze credit and financial data, and determine the borrower’s financial objectives and goals. Coordinate customer interaction and interface with all parties involved on each individual loan that is originated from application to closing. Provide friendly, accurate, professional service to borrowers and internal business partners by responding promptly to messages and correspondence. Keep informed of trends, changes, and developments in the local real estate market. To keep up-to-date with changing rules, regulations, and guidelines from FNMA, FHLMC, FHA, and VA in addition to other investors and agencies. To keep informed of all origination, processing, appraisal, underwriting, and closing requirements for both company and investor guidelines. Negotiate price, terms, and conditions with mortgages. Maintain a professional image and standards consistent with company policies and procedures. Follow through on all professional conditions and education requirements for licensure. Adhere to organizational procedures for loan processing. Qualifications At least two years of loan origination experience is preferred. Bachelor’s degree preferred. Thorough understanding of the local real estate market and the mortgage industry. Thorough knowledge of mortgage lending requirements, regulations, and procedures for FHA, VA, and conventional loan programs. Ability to comprehend, analyze, and explain multiple, complex loan programs, financing options, and basic mathematic principles. Ability to work independently, exercise good judgment, demonstrate initiative, meet deadlines, and maintain poise under challenging circumstances. Ability to build long-term networking relationships fostering real estate lending business. Excellent interpersonal and communication skills, including presentation and facilitation skills. Strong multi-tasking, self-management, and self-motivating skills.

Responsibilities

The Team Loan Officer will establish and maintain client referral relationships, meet with prospective borrowers, and guide them through the loan application process. They will coordinate customer interactions and ensure a smooth process from application to closing.