Real Estate Mortgage Loan Sales Officer
FirstBank Florida, Miami, FL, United States
Overview
Primary responsibility is to originate high quality first and second mortgages. These loans can be placed in the loan portfolio or for sale in the secondary market as FNMA securities, or government backed (FHA) or (GNMA) securities. The Loan Officer must source residential loans from external mortgage sources, such as realtors, CPA's, attorneys, or any other mortgage referral source, including bank clients. Must be able to cross sell additional bank products by referring to bank branch representatives. Ability to be a team player, communicate and collaborate with the Lending Officers. The individual must strive to achieve an outstanding level of customer service in accordance with the bank's standards and competencies. Must have knowledge of FHA, Fannie Mae, VA loans origination. Must understand CRA loans. Accountable for adhering to the Bank's BSA, AML, and Office of Foreign Asset Control (OFAC) applicable policies. Employee must follow specific unit procedures developed in compliance with the policies. Employee is also responsible for reporting any suspicious activity and /or transactions in accordance with the bank's processes and comply with any mandatory BSA, AML, and OFAC training assigned. Employee must comply with all requirements related to the Secure and Fair Enforcement Mortgage Licensing Act of 2008, (SAFE ACT) and its corresponding regulations, including, but not limited to, obtain and maintain an active record and a unique identifier within the Nationwide Mortgage Licensing System and Registry (NMLSR), and continue to meet said record and associated minimum register standards, including any applicable continuing education courses set forth by the SAFE Act. Responsibilities
Originates mortgage loans sourced from Realtors, Builders, and other centers of influence by facilitating presentations, attending events, and cold calling. Originate loans in accordance with FirstBank’s lending policies, procedures, and guidelines. Enter all loan applicants into the Encompass application system and run DU and credit reports. Interview and guide prospective customers, enabling customers to select the best FirstBank product for their needs. Complete a full mortgage loan application, gather initial documentation, and set the expectations for customers, realtors and builders, setting appropriate timeframes and targets. Additional Responsibilities:
Submit completed applications in a timely manner to the Processors for disclosure within three (3) days of application as required by Federal regulations. Provide processors and underwriters with updates on any material changes that may take place during the loan process. Evaluate the documents provided by the customer and re-run DU when appropriate. Monitor progress of approval through closing. Assist the support team with the gathering of any additional information required and all communication with the customer and referral source. Represent the Bank in meetings, Real Estate functions and the community. Build strong relations; communicate; demonstrate business acumen; problem analysis & solution; ownership; vision & values; collaboration & teamwork; development (personal & others); change & innovation. Qualifications
Required Education and Experience:
At least 3-5 years of experience in a similar job is required or equivalent combination of education and experience sufficient to successfully perform the essential job functions of the job is required. Must have an active driver’s license. Good understanding of financial products, loan documentation, and business objectives of a real-estate lending department. Successful completion of approved real-estate training program. Strong knowledge of Microsoft Office. Preferred Education and Experience:
Bachelor’s degree in Finance/Business Administration or related field. Other
Other Duties Disclaimer:
Please note this position profile is not designed to cover or include a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
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Primary responsibility is to originate high quality first and second mortgages. These loans can be placed in the loan portfolio or for sale in the secondary market as FNMA securities, or government backed (FHA) or (GNMA) securities. The Loan Officer must source residential loans from external mortgage sources, such as realtors, CPA's, attorneys, or any other mortgage referral source, including bank clients. Must be able to cross sell additional bank products by referring to bank branch representatives. Ability to be a team player, communicate and collaborate with the Lending Officers. The individual must strive to achieve an outstanding level of customer service in accordance with the bank's standards and competencies. Must have knowledge of FHA, Fannie Mae, VA loans origination. Must understand CRA loans. Accountable for adhering to the Bank's BSA, AML, and Office of Foreign Asset Control (OFAC) applicable policies. Employee must follow specific unit procedures developed in compliance with the policies. Employee is also responsible for reporting any suspicious activity and /or transactions in accordance with the bank's processes and comply with any mandatory BSA, AML, and OFAC training assigned. Employee must comply with all requirements related to the Secure and Fair Enforcement Mortgage Licensing Act of 2008, (SAFE ACT) and its corresponding regulations, including, but not limited to, obtain and maintain an active record and a unique identifier within the Nationwide Mortgage Licensing System and Registry (NMLSR), and continue to meet said record and associated minimum register standards, including any applicable continuing education courses set forth by the SAFE Act. Responsibilities
Originates mortgage loans sourced from Realtors, Builders, and other centers of influence by facilitating presentations, attending events, and cold calling. Originate loans in accordance with FirstBank’s lending policies, procedures, and guidelines. Enter all loan applicants into the Encompass application system and run DU and credit reports. Interview and guide prospective customers, enabling customers to select the best FirstBank product for their needs. Complete a full mortgage loan application, gather initial documentation, and set the expectations for customers, realtors and builders, setting appropriate timeframes and targets. Additional Responsibilities:
Submit completed applications in a timely manner to the Processors for disclosure within three (3) days of application as required by Federal regulations. Provide processors and underwriters with updates on any material changes that may take place during the loan process. Evaluate the documents provided by the customer and re-run DU when appropriate. Monitor progress of approval through closing. Assist the support team with the gathering of any additional information required and all communication with the customer and referral source. Represent the Bank in meetings, Real Estate functions and the community. Build strong relations; communicate; demonstrate business acumen; problem analysis & solution; ownership; vision & values; collaboration & teamwork; development (personal & others); change & innovation. Qualifications
Required Education and Experience:
At least 3-5 years of experience in a similar job is required or equivalent combination of education and experience sufficient to successfully perform the essential job functions of the job is required. Must have an active driver’s license. Good understanding of financial products, loan documentation, and business objectives of a real-estate lending department. Successful completion of approved real-estate training program. Strong knowledge of Microsoft Office. Preferred Education and Experience:
Bachelor’s degree in Finance/Business Administration or related field. Other
Other Duties Disclaimer:
Please note this position profile is not designed to cover or include a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
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