Logo
Meridian Bank

Mortgage Loan Officer

Meridian Bank, Towson, Maryland, United States, 21286

Save Job

Meridian Bank (subsidiary of Meridian Corporation, Nasdaq: MRBK) is an innovative team of experts serving the financial needs of entrepreneurs, businesses and individuals. Growing throughout Pennsylvania, New Jersey, Delaware, Maryland and Florida, Meridian offers opportunities for anyone wishing to start or continue a career working in a collegial atmosphere to bring unrivaled service to clients and customers. Member FDIC | Equal Housing Lender.

Position summary:

The Mortgage Loan Originator originates residential mortgage loans according to established policies and procedures to ensure regulatory compliance while meeting sales goals. Responsible for performing various duties to support the Mortgage Department; coordinating work within the department, as well as with other departments; complying with operating policies and procedures established for this position. Reporting pertinent information to the immediate supervisor; responding to inquiries or requests for information. All or most of compensation is based on volume.

Qualifications required:

High School Diploma or equivalent

Minimum 1 year residential mortgage lending experience

Understanding of mortgage processing, underwriting, and closing procedures

Understanding of Residential Lending regulatory requirements to maintain compliance

Ability to work in a team environment

High degree of attention to detail and ability to multitask in a fast‑paced environment

Essential functions and responsibilities:

Valid Driver’s License

Develops and maintains relationships with prospects, realtors, closing agents and other referral sources

Ensures applications are completed accurately and requests supporting documentation as needed

Originates residential mortgage loans according to established policies and procedures to ensure regulatory compliance while meeting sales goals

Must maintain an active registration status with the NMLS (Nationwide Mortgage Licensing System and Registry)

Maintain the pipeline for accuracy

Sends application and other required information to the underwriting area and to the processing area to clear any conditions and prepare for closing

Interviews customers applying for residential mortgage loans

Conducts closing with buyers, sellers, real estate agents, attorneys and others

Analyzes and screens preliminary loan requests on varied types of mortgage loans

Orders appraisals, credit reports and reference checks

Outlines loan terms and conditions, and informs prospective borrower of loan commitment

Packages loans as required

Demonstrates and promotes Meridian Bank’s Core Values: Our Partners, Our People, Our Bank and Our Communities

Coordinates specific work tasks with other employees within the department as well as with other departments in order to ensure the smooth and efficient flow of information

Abides by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace

Communicates with management and coworkers in order to integrate goals and activities

Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the Bank’s compliance with all regulatory requirements, e.g. Community Reinvestment Act (CRA), Bank Secrecy Act (BSA), Equal Credit Opportunity Act, etc.

Other duties as assigned including, but not limited to, scheduling appointments and maintaining calendar dates

Success factors/job competencies:

Organizational and time management skills

Ability to work with little or no supervision

Excellent interpersonal and communication skills (verbal and written)

Timely and regular attendance

Completes work in a timely manner

Actively seek coaching

Application Access:

Encompass

Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the necessary functions. This is a largely sedentary role, requiring the use of typical office equipment such as a computer, laptop and cell phone. Most work is completed in an office environment.

Work environment: The noise level in this environment is minimal

Location: Various location(s) as assigned including but not limited to the following job‑related travel requirements: Customer/Client locations, work events, charity events, loan closings and site visits, etc.

Equal Opportunity Statement Meridian Bank is an Equal Opportunity Employer.

Seniority level Associate

Employment type Full‑time

Job function Finance

Industries Banking and Financial Services

#J-18808-Ljbffr