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Sr. Loan Originator

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Neighborhood Loans

2021-12-03 07:34:28

Job location Downers Grove, Illinois, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Job Description

We are seeking a Sr. Loan Originator to join our team! The Loan Originator is responsible for handling inbound requests, building rapport with the customer, determining the customer's needs, taking applications, quoting fees and interest rates, as well managing the transaction from application through closing. We are seeking a highly motivated, ethical, team player who is looking to be part of a company with a great future in lending. We offer a tremendous opportunity for growth, compensation, and benefits.

Responsibilities:

  • Taking thorough and complete applications
  • Collecting and reviewing initial documentation needed for submission to processing
  • Pricing loans, quoting fees and interest rates
  • Managing CRM to include maintaining notes in the client record, effectively working follow-up tasks, and ensuring data relating to communications and the status of leads is accurately documented
  • Running automated approval systems, understanding the findings, and correcting errors in the system as needed
  • Advise the customer on the best loan program for their needs
  • Evaluate credit worthiness by processing loan applications and documentation within specified limits

Qualifications:

  • Knowledge of industry standards for income, asset, credit, and appraisal approval
  • Strong attention to detail and written communication

· Solid understanding of direct/indirect lending products and practices

· Excellent communication and interpersonal skills

· Customer satisfaction orientation and sales competencies

· Ability to work in a goal-oriented environment

· NMLS license

Requirements:

  • Familiarity with Fannie, Freddie, FHA, VA, USDA, and portfolio mortgage lending
  • Understanding of loan Program guidelines
  • Ability to acquire all necessary licenses to in accordance with your state's requirements

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