Credit Union Employment Resources is assisting a local credit union in the Mid-Cities area of the Dallas / Fort Worth Metroplex in their search for a Mortgage Loan Officer.  This is a sales position responsible for loan production that satisfies the credit union member’s mortgage needs while also meeting individual, department and organization goals.  This position is a commission only position with a draw set-up for the first 6 months of employment. 

Responsibilities:

·        Counseling members on credit union loan programs and pricing thorough knowledge of key lending concepts such as debt/income ratios, Loan-To-Value percentages, credit scoring, and other underwriting criteria.

·        Working with members in person, by telephone, by mail and on the web providing required information concerning Mortgage related products and lending programs.

·        Making sales calls and developing relationships within the community to attract new mortgage applications, specifically with real estate agents, Builders, and Title Companies.

·        Taking loan applications and gathering all necessary documentation in order to process Mortgage loans.

·        Ensuring that the credit union delivers on commitments by keeping members updated on all loans from application through settlement.

·        Preparing pre-approvals and internet applications, Home Equity loans, and Improved/Unimproved Real Estate loans for underwriting approval.

·        Participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations to regularly update job knowledge.

·        Gathering applicable HMDA data on loan applications.

·        Preparing weekly pipeline status reports for Manager and other reports on an as-needed basis.

·        Performing any other duties that may be required to meet the business needs of the department and/or credit union.

Requirements:

·        Minimum of 2 years qualifying experience as a Mortgage Loan Officer with a working knowledge of FNMA/Freddie Mac underwriting guidelines.

·        Working knowledge of Federal and State regulations, including RESPA, TILA, ECOA and HMDA requirements, loan documents, appraisals, surveys, title policies and homeowners insurance policies is required.

·        Working knowledge in current Windows OS and MS Office software, Word, Excel, Power Point, Loan Origination software, and automated underwriting systems.

For immediate consideration, please contact:

Chris Thomas

cthomas@cuer.coop