Mortgage Loan Specialist

Mortgage Loan Specialist page is loaded## Mortgage Loan Specialist locations:
Asheboro - S Park Sttime type:
Full time posted on:
Posted Todayjob requisition :
JR-14012
** If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!
**** Purpose
* * Experienced Mortgage Loan Specialist responsible for the full real estate loan process across all delivery channels. MLSs should have a solid understanding of the entire real estate loan cycle and servicing functions. Actively identifies, develops, and maintains a source of referrals from realtors, builders, Credit Union colleagues and the community for new mortgage lending opportunities.
** Duties
* ** Receive and assist in the completion of real estate loan applications, while serving as the primary point of contact for applicants during the origination process.
* Independently assess and underwrite real estate loan applications including but not limited to applicant(s) credit worthiness, ability to repay, collateral valuation, and organizational risk with the ability/authority to extend credit or deny for real estate loan products within assigned tiered approval lending limits. Communicate approval or denial decisions to members in a clear and professional manner.
* Evaluate and verify income documentation, including personal and business tax returns, to make informed approval or denial decisions.
* Counsel potential home buyers and existing homeowners, while taking complete and accurate real estate loan related applications and obtaining required documentation to facilitate initial loan approval with assistance when needed.
* Seek guidance for complex lending situations and approval authority from a Sr MLS or above.
* Proactively stay updated on market trends, interest rates, and changes in lending policies and regulations to provide members with accurate and timely information.
* Assist membership with servicing of existing mortgage and home equity loans.
* Collaborate with RELO VP/SVP on training and loan approvals.
* Follow up with prequalified applicants and on other leads in a timely and effective manner.
* Price and disclose loan applications by determining the interest rates and fees associated with a loan, based on factors such as borrower's creditworthiness, loan amount, term, and market conditions.
* Coordinate member engagement with the Real Estate Lending Processing Center within Loan Administration and assist members with real estate loan closings.
* Maintain a comprehensive knowledge of all real estate lending products, policies, procedures, and regulatory compliance.
* Educate members on available services and make referrals for other Credit Union products and services based on their needs.
* Ensure well documented, easy to review loan application history notes within the Loan Origination System.
* Work with Lending Contact Center to provide assistance with mortgage lending calls when needed.
* Support branch employees with all real estate related needs and ensuring employees have the information needed to be comfortable referring all potential applicants to discuss mortgage lending opportunities.
* Work various contact and follow-up reports to cultivate member engagement throughout the home buying process and make SECU their lender of choice.
* Assist as needed with community engagement by meeting with realtors and other third parties as well as attending community events to build and maintain mortgage loan volume.
* Work with lending contact center to provide assistance with mortgage lending calls when needed.
* Consumer unsecured lending as assigned.
* Answer phone and perform other clerical duties as needed.
* Complete additional tasks assigned by management.
** Requirements
* ** Must have high school diploma or GED equivalent.  + Preferred – bachelor’s degree, or CCUE Certification, or Associate of Arts degree or Associate of Science degree via the North Carolina Community College Transfer Program (NC-CTP).
* Successful completion of Real Estate Lending (RELP) courses and subsequent exam is required before moving to this role.
* Additional Modules

Required:

+ Wires  + Credit Cards  + Estate Basics  + Financial…