Mortgage Loan Officer - Firestone - Premier Members Credit Union

Longmont, CO 80504

About the Job

As The Artisans of Banking, we strive to be B.R.A.V.E. (Build Relationships & Add Value Everyday). We recognize that in order to meet the needs of our communities, we must represent our communities. Our success relies on creating a culture where we have diverse perspectives and a true sense of belonging. This is a journey, and we pledge to do more than simply check the box.

When you join our Premier Members team, your benefits will include:

Comprehensive medical insurance plan that has HRA, HSA, and FSA options
Dental and vision insurance
Generous paid-time-off
11 paid holidays
Annual bonus
401(k) plan with a 5% match
Wellness program
Tuition assistance
1% employee loan discount
Employee Assistance Program (EAP)
Life and disability coverage

What sets working for Premier Members apart?

Career development and pathing opportunities to move into leadership roles or other lines of business within PMCU such as Commercial Lending, Finance, Marketing, Underwriting, Member Solutions, Training, Human Resources, and more.
Supportive and engaging work environment.
A wellness and sustainable work culture that puts family, Mother Nature, our community, and your health first.
A work environment that encourages personal as much as professional growth, teamwork to make the dream work, and treating everyone equally.
Studies have shown that individuals from marginalized and or historically underrepresented groups may be less likely to apply for jobs unless they meet every one of the qualifications listed. We are most interested in finding the best candidate for the job. We would encourage you to apply for a job at Premier Members Credit Union, even if you don’t meet every one of our qualifications listed.

Hours: Monday - Friday 8:30am - 5:00pm with occasional weekends.

This position comes with base salary $15.00 (plus commission, full benefits, cell phone reimbursement and a marketing budget!)

This position comes with a draw of 5k a month for the first three months!

POSITION SUMMARY:

Originates mortgage loans. Develops referral relationships with realtors, builders, bankers, and other sources to proactively solicit business and conduct sales-related activities to meet specific loan volume origination goals. Takes applications, conducts preliminary underwriting reviews, and submits loan applications to processing. This position contributes to a positive relationship between the community, member, and the credit union.

ESSENTIAL FUNCTIONS:

Provides excellent service to both new and established members
Originates loans and assists members with the loan application including explanation of first mortgage process and products while assuring compliance with PMCU, state, federal, investor and TRID standards
Completes loan app, input fees, and generates loan disclosures in accordance with TRID guidelines
Collect and analyze prospective clients, credit, liabilities, income, and assets to determine credit worthiness
Order and understand residential appraisal reports
Price and lock loans
Complete HMDA on adverse loans
Understand and manage mortgage loan deadlines to ensure purchase contract compliance and closing dates
Submit complete file to processing within 48 hours of lock
Provide continuing counsel and customer service to borrower throughout the entire loan process
Assist walk-in members and telephone inquiries as needed
Maintain consistent communication with members and operations staff
Develops and maintain relationships with potential new business referral partners, realtors, builders, and community relationships
Develop individual Sales Plan to generate additional business
Assist in the marketing effort including SEG presentations, first time home buyer seminars, and community functions
Participates in on-going training classes and workshops
Maintains a professional image and standards consistent with company policies and procedures.
Respects confidentiality of information handled
Performs other duties as assigned

QUALIFICATIONS

Education/Certification:

High school diploma or equivalent

Required Knowledge:

Knowledge of state, federal, and FannieMae/FreddieMac rules and regulations
Have familiarity with conventional and government mortgage loan programs (FHA/VA/USDA) and guidelines
Ability to work and apply mathematical concepts such as multiplication, division, addition, subtraction, fractions, percentages, ratios, and proration's in calculating mortgage payments and loan estimates
Attention to detail
Knowledge of first mortgage products and underwriting guidelines
Proficient in Encompass LOS
Knowledge of loan policy, procedures, and guidelines
Understanding of regulatory and legal requirements
Proficient with Desktop Underwriter and Loan Prospector
Ability to work without supervision, multi-task, and prioritize
Knowledge of data processing on-line systems
Substantial knowledge of credit union policies and services

Preferred experience:

Minimum 2 years mortgage lending experience
National Mortgage Licensing System and Registry (NMLS) registration

Skills/Abilities:

Clear verbal and written skills
Ability to deal effectively and tactfully with members and staff at all levels
Ability to communicate with members in common language
Ability to deal with conflict and problem solve effectively
Must be able to type 50-55 WPM with a 97% accuracy rate.

WORKING CONDITIONS

Standard office conditions

May require long periods of standing

Low to moderate noise

Long periods of computer and member interactions

Limited lifting up to 25 lbs

This description has been reviewed to ensure that only essential functions and basic duties have been included. Peripheral tasks, only incidentally related to each position, have been excluded. Essential functions, requirements, skills, and abilities included have been determined to be the minimal standards required to successfully perform the positions. In no instance, however, should the duties, responsibilities, and requirements delineated be interpreted as all-inclusive. Additional functions and requirements may be assigned by supervisors as deemed appropriate.

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.

The Credit Union believes that each employee makes a significant contribution to our success. That contribution should not be limited by the assigned responsibilities. Therefore, this job description is designed to outline primary duties, qualifications, and job scope, but not limit the incumbent. It is our expectation that each employee will offer his/her services wherever and whenever necessary to ensure the success of our endeavors.

Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.

This Job Description is not a complete statement of all duties and responsibilities of this position and may change with or without notice.

This position comes with a base salary $15.00 (plus commission, full benefits, cell phone reimbursement and a marketing budget!)

This position comes with a draw of 5k a month for the first three months!

We anticipate this position to close within 30 days of posting. Please submit your application at your earliest convenience to be considered.

You may not check every box, or your experience may look a little different from what we've outlined, but if you think you can bring value to Premier Members Credit Union, we encourage you to apply!

Thank you for your interest in Premier Members Credit Union.

Source : Premier Members Credit Union