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Jr. Loan Officer

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HomeBridge

2021-12-03 09:01:55

Job location Dallas, Texas, United States

Job type: fulltime

Job industry: Banking & Financial Services

Job description

Major Functions : The Licensed Loan Partner is responsible for providing assistance to the Loan Officer in originating and processing loans.

*Loan Origination*

  • Solicit loans from consumers
  • Work with clients by phone and in-person gathering required information to complete an Application.
  • Research and develop loan scenarios to best fit borrower's needs and financial circumstances by comparing product profiles and pricing.
  • Collect and analyze information regarding income, assets, investments, and debts.
  • Determine which financial products best meet customer needs and financial circumstances
  • Gather and analyze facts, and provide consulting advice to assist customers in choosing among many complex financial products, communicating advantages and disadvantages of different financial products and recommend best fit.
  • Determine what documents and signatures are required for a completed loan package
  • Request, pick-up and/or deliver necessary documents.
  • Quote rates, programs and payments to Clients.
  • May lock interest rates.
  • Complete package and prepare for Opener

Processing

  • Expedite loan processing and underwriting working with designated Processing team.
  • Communicate all processor needs directly to clients
  • Analyze underwriting conditions, offering alternative solutions to Underwriter as warranted.
  • Work with Clients to get additional information so Conditions may be cleared
  • Update Clients on loan processing status.
  • Open escrow and title orders.
  • Contact clients with any post-closing issues and resolve issues.
  • Provide high-level customer service to LO Clients.

Knowledge, Skills, and Ability:

  • Knowledge of mortgage banking lending procedures
  • Customer service skills
  • Sales skills
  • Negotiating skills
  • Knowledge of Loan Processing procedures
  • Knowledge of loan products and pricing
  • Excellent customer service skills
  • Problem solving and conflict resolutions skills
  • PC Skills (MS Office
  • Analytical and mathematical skills and applications

Job Type: Full-time

Experience:

  • Loan Officer: 2 years (Required)
  • FHA, VA and Conventional loan: 3 years (Required)

License:

  • NMLS, TX (Required)

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