CRA Mortgage Loan Officer

Job Location s

US-NJ-Rockaway | US-NJ-Edison | US-NJ-Parsippany

Requisition :  | Location Name:
Rockaway | County:
Morris | Category:
Mortgage Banking | Position Type:
Full-Time | FLSA Status:
Non-Exempt

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work‑life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

This is a full‑time,
hybrid career opportunity based out of our Northern NJ market including Union, Essex and Passaic.

Represent Fulton Mortgage Company as a Community Reinvestment Act Loan Officer in targeted territories. Originate Community Reinvestment Act qualifying mortgage loans. Establish and support relationships with Realtors and Housing Authorities. Plan, organize and speak at first time homebuyer seminars. Assist first time home buyers with low to moderate income purchase homes. Solicit first mortgages through contacts with Realtors, Housing Authorities, and Developers.

Work with customers and prospective customers to assist them in identifying and securing a mortgage loan that is appropriate for their individual financial circumstances and is designed to help them achieve their home ownership goals.

• Develop and expand referral sources to solicit first mortgages. Meet and market local Realtors to establish relationships. Meet with Local Housing Authorities and speak and train first time home buyers. Maintain regular contact with Realtors and Housing Authorities in their offices and on site at open houses and at first time homebuyer seminars and events. Regularly seek opportunities to meet with new Housing Agencies to discuss first time homebuyer programs.
  
  Participate in Community Reinvestment Act events, meetings and forums. Participate in mixers related to real estate where relationships can continue to build and new ones can be forged.
• Meet with Lenders Mortgage Insurance Borrowers to originate Community Reinvestment Act Mortgage Loans. Collect and analyze applicant's financial information typically at one of the organizations' branch locations to assess the financial circumstances to determine whether the applicant and the property qualify for a particular loan. Interview applicants and provide required information, including income, assets, investments, debt, credit history, prior bankruptcies, judgments, and liens, as well as characteristics of property and similar information.
  
  Identify customer's needs in conjunction with customer's financial situation and evaluate those needs in relation to available financial products. Recommend the financial products which best meet the customer's specific needs after advising customer about the risks and benefits of the loan alternatives, including the options and advantages involved. Recommend terms and conditions of mortgage loans.
• Engage in customer specific persuasive sales activity to encourage potential customers to do business with Company and cross‑promote other services and financial products of Company to outside referral sources.
• Perform work related to the loans the incumbent originates. Obtain and analyze pertinent financial and credit data. Follow current loans to ensure conformity with terms. Follow up with customers and prospective customers via telephone and email communication. Complete paperwork related to the loans originated. Prepare materials needed to support incumbent's loan activities. Attend company meetings as necessary. Ensure loan originations are in accordance with regulatory compliance.
  
  Ensure documentation is completed in accordance with regulatory compliance. Communicate with the customer throughout the process on an ongoing basis to ensure the customer understands the process.

High School Diploma or equivalent. (Required)

2 or more years recent residential…