Job Detail
Loan Officer
Job Number: 990
Department: Residential Lending
City: Aberdeen
State: WA
Duration: Full Time
FLSA Status: Exempt
Job Description:
To originate residential loans, assist in the processing and closing of a quality product which meets marketable requirements within the policies and guidelines of HomeStreet.
DESCRIPTION
Originating permanent single family (1- 4)FHA, VA and conventional mortgage loans within assigned area. This requires: developing contacts with the public, including realtors, builders, bank branches, buyers and sellers, credit unions, etc.; researching market areas and developing a personal marketing strategy to identify contacts and potential customers; and making calls outside the office to develop and maintain these relationships.
Taking lead role in loan application process, including conducting application interviews, assisting customers in completing loan applications, accumulating information to be verified, identifying additional information to be provided or obtained, and providing all disclosures and forms to customers as required by company policy. Must be able to take a complete application in accordance with HomeStreet’s loan file workflow, including running eligible loans through the automated underwriting system. Must also provide assistance to loan processors and closers on an as needed basis. This function requires excellent organizational skills.
Understanding and maintaining a thorough knowledge of various programs (FNMA/FHLMC, FHA/VA, etc.) and company products available. Enthusiastic participation in cross-selling of affiliate’ s products is also required.
Calculating and negotiating fees, discounts, rates, terms and conditions on loans within company guidelines. This requires excellent math skills and attention to detail, familiarity with basic pricing structures, and awareness of economic factors and their effect on loan terms.
Complying with applicable government regulations and cooperating in all aspects of internal quality control and compliance programs.
Participating in training programs as required by management.
Job Requirements:
Three or more years proven track record in origination of permanent single family FHA, VA and Conventional loans in local Aberdeen market required. Also requires development and retention of business with a personal marketing strategy and PC skills. Individual must be sales oriented, a self-starter, with strong customer relation skills, and one who enjoys working as part of a team in a fast-paced and professional environment.
HomeStreet Bank is an Equal Opportunity Employer
Tags: loan officer job, mortgage, mortgage jobs, Sales
