Mortgage Loan Officer - Market

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Lending
- Administration Full Time Worthington, OH, US

2 days ago Requisition

Salary Range: $50,000.00 To $ Annually

Position Description

Mortgage Loan Officer – Market (LOM)

Identifying Information:

Department: Mortgage Loan

• Reports To: Gary Kohls, Vice President, Mortgage Sales Manager
• Location:Columbus, Ohio Market-Hotel office in Retail Banking Centers; may work remotely on occasion
• Hours: 40-hour work week; schedule as determined by Mortgage Loan Officer
• Compensation: Competitive commission-based compensation opportunity with target annual earnings of $50,000-$100,000+. The compensation structure will be tailored based on the candidate's experience, qualifications, and business development portfolio. Actual earnings will vary based on individual performance and business results and may exceed the stated range.

Position

Purpose:

LCNB National Bank is seeking a Mortgage Loan Officer within our Columbus Market. This position is responsible for originating real estate mortgage loans in accordance with LCNB National Bank product guidelines, and processing loans in accordance with LCNB National Bank processes up to delivery to an inside processor. The Mortgage Loan Officer’s primary responsibility is to grow mortgage production outside of the branches by developing business relationships with realtors, builders and other professionals and sourcing mortgage leads from these business relationships, including any existing “book” of business the Mortgage Loan Officer may have acquired over his/her career.

The Columbus Market Mortgage Loan Officer should continue to build this network of referrals as a continuing source of new business. As they are not assigned a Retail Banking Center, there is no defined territory. The Mortgage Loan Officer is expected to collect and review all needed supporting loan documentation and maintain a minimum standard of production and quality. The Columbus Market Mortgage Loan Officer is expected to comply with all consumer and real estate lending laws and requirements.

Essential Functions and Responsibilities:

Solicit residential mortgages from various sources

• Develop and build relationships with realtors, builders, financial professionals, bank stores, past customers and other non-traditional sources
• Produce high quality loans which are compliant and provide excellent customer service
• Develop and maintain a high degree of visibility for mortgage originations, sales and business development
• Understand and market LCNB National Bank mortgage loan products, stay informed of mortgage industry trends and developments in the assigned market
• Understand real estate appraisals, title reports and real estate transactions
• Review and analyze financial and credit data
• Meet with applicants to answer questions and obtain information for mortgage loan applications
• Collect and upload loan documentation and financial information into the loan operating system
• Effectively learn and operate LCNB’s loan origination system
• Effectively communicate with processing and underwriting support staff
• Maintain a high level of customer satisfaction and effectively resolve issues
• Maintain open and effective communication channels with customers, realtors and other referral sources
• Attend loan closings, sales and officer meetings

Required

Qualification:

• 2+ years of experience originating FHA, VA, USDA and conventional loans
• High School diploma or GED equivalent

Desired

Qualifications:

• Existing pipeline and book of business of local referral sources
• Existing mortgage sales of 600,000 per month
• Experience in federal and state mortgage lending…