Corporate Mortgage Loan Officer

If you need assistance with filling out our application form or during any phase of the application, interview, or employment process, please notify our Human Resources Team at  option 1 or email  and every reasonable effort will be made to accommodate your needs in a timely manner.

Convert mortgage leads from , MACU employees, MACU’s professional partners and other internal sources to closed mortgage loans.

To be effective, an individual must be able to perform each essential duty successfully.

• Reviews leads as assigned. Determine eligibility of prospective borrower through interviews, verification of documents, and other third party information. Assess the correct loan options for the borrower based upon the member’s present situation and future plans and advise the member of the loan products that will meet their needs.
• Takes a complete loan application including addresses, phone numbers, account numbers, etc. and send complete file to corporate within 24 hours of completion.
• Operates the LOS (Loan Origination System) Encompass.
• Runs and analyzes credit report and AUS (automated underwriting system)
• Orders title reports and appraisals; analyzes title insurance policies and property appraisal reports.
• Analyzes income documents (paystubs, personal and businesses taxes) and calculates debt ratios
• Interprets strengths and weaknesses for each loan application.
• Demonstrates knowledge of Reg Z and RESPA regulations
• Cross-sells other credit union products and services
• Keeps track of all contract dates and deadlines to avoid costly extensions or loss of property and/or earnest money deposit.
• Stays in contact with members and/or realtors during the loan process to keep them informed. Return calls promptly < 24 hours.
• Locks or floats rates according to member’s direction.
• Attends loan closings
• If unable to grant a mortgage to a member, councils with member about their credit and achieving their credit goals.
• Answers incoming calls to our main mortgage line in order to provide prompt service
• Performs other duties as assigned.

The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the job functions.

One to three years of service at MACU or similar financial work experience.

High school equivalent or a two-year college degree or completion of a specialized course of study at a business or trade school.

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Active NMLS number. The Secure and Fair Enforcement for Mortgage Licensing (S.A.F.E) Act requires all mortgage loan originators to register on a federal registry. Individuals employed by MACU that are not registered on the Nationwide Mortgage Licensing System and Registry (NMLS) are barred from originating mortgages.

Has no supervisory/managerial responsibilities.

Must have the ability to read and interpret documents such as tax returns, income statements, contracts and documents regarding real estate transactions, loan program guidelines, AUS findings and preliminary title reports. Ability to speak effectively before groups of employees, members, or clients. Ability to effectively communicate across all channels such as telephone, email, text and in person. The majority of the communication is done through email and by phone;

this requires a high-degree of clarity in writing and the ability to convey mortgage concepts in an understandable way.

Qualified Candidates must have excellent communication and interpersonal skills. Attention to detail and…