Mortgage Advisor Job Midway North Carolina USA,Finance & Banking

General Summary (What is done and why)

The Mortgage Advisor provide quality real estate lending expertise through financial counseling and product awareness to Credit Union members regarding their real estate financing needs and generates investment quality mortgage loans by taking loan applications in support of loan growth objectives.

Essential Functions, in Priority Order

Provide financial counseling through interviewing, pre-qualifying, and the mortgage loan application process. Time: 50%

Monitor and manage sales pipeline consisting of mortgage applications taken but not yet closed; follow-up with mortgage operations personnel as necessary to obtain loan status and outstanding conditions; assist with clearing of underwriting conditions as necessary; re-structure loan terms and programs as necessary; monitor interest rate lock periods to ensure that locked rates are not allowed to expire; verify closing figures with operations personnel prior to loan closing.

Time: 20%

Develop and maintain relationships with the real estate/builder community to promote real estate loan programs. Represent the Credit Union at community real estate functions. Give educational presentations within the community. Time: 20%

Work with branch lending personnel regarding real estate programs. Provide educational support to branches and members. Time: 10%

Education (Minimum education required to perform the duties of this position)

High school diploma or equivalent.

Experience (Minimum experience required to perform the duties of this position)

In addition to the education requirement:

Three years real estate lending experience desired.
NMLS registration required upon hire.

Knowledge,

Skills and Abilities

(Minimum technical and communication skill levels and licenses/certificates normally required to perform the duties of this position)

Thorough business knowledge of the real estate lending industry.
Demonstrated secondary market skills and knowledge.
Excellent communication skills.
Knowledge of real estate laws, regulations, policies, and compliance.
Ability to develop or improve loan products.
Ability to develop strategy for seminars, presentations, and trade shows.
Strong mathematical skills and ability to perform complex financial calculations with a financial calculator.
Strong proficiency with sales systems, including CRM, Origination Software, and other common Microsoft office applications. Specific knowledge or ability with Ellie Mae Encompass origination software preferred.

Required Competencies

Problem Solving
Dealing with Ambiguity
Time Management
Demonstrates Courage
Drive for Results
Interpersonal Savvy
Customer Focus
Integrity and Trust
Self-Development
Business Acumen

Mental Requirements

Ability to analyze and evaluate information.
Ability to use good judgment and make sound decisions quickly.
Ability to work and reason under pressure.
Ability to prioritize in a multi-task environment.
Ability to maintain a positive attitude and professional image.
Ability to interpret lending guidelines and regulations.
Demonstrated understanding of guidelines necessary to generate real estate loans.

Tools and Equipment Used

All available general office equipment as needed.
All available computer software and hardware as needed.

Working Relationships/Contacts (Positions with which incumbent has frequent contact)

Daily, personal/written/phone contact with Credit Union staff.
Daily, personal/written/phone contact with Credit Union management.
Daily, personal/written/phone contact with Real Estate community.
Daily, personal/written/phone contact with Credit Union members.
Daily, personal/written/phone contact with vendors.

Physical Demands (Physical effort generally associated with this position)

Work involves standing and walking for brief periods of time,…