Mortgage Loan Officer III
Company: University of Iowa Community Credit Union
Location: Cedar Rapids
Posted on: August 15, 2019
Come join an aggressive institution that focuses on purchase
volume! Join us in helping make a difference for our members every
day with every interaction! GreenState is seeking a Mortgage Loan
Officer to originate mortgage real estate loans and develop
Candidates will be highly motivated, have the ability to multi-task
in a fast-paced environment, and have a strong desire to provide
outstanding service to our membership. Previous mortgage lending
experience is required. The position requires a flexible schedule
to accomplish the workload and meet the needs of members and
As a Mortgage Loan Officer you will create, collect, analyze, and
exercise sound judgment by advising members on mortgage loan
options. You will regularly and proactively seek new business and
build a strong pipeline. This role also requires you to maintain
organization of your lending portfolio, along with meeting
necessary regulatory deadlines. As this position is 100% commission
paid, the selected candidate must be comfortable with and willing
to commit significant time calling on prospective members. The
ability and willingness to regularly identify and follow up with
referral sources is essential.
Compensation in this position is commissioned and features a
lucrative incentive opportunity. The GreenState offers an
outstanding benefits package, including a 401(k) plan with strong
match feature; health, dental, life and disability coverage; as
well as a generous paid time off program.
ResponsibilitiesPerforms essential duties and responsibilities in
the following areas which may include, but are not limited to those
listed and are subject to change.
Adheres to the Credit Union's core values and Service Standards in
carrying out GreenState's mission and vision.
Demonstrates a positive member service (internal and external)
focus at all times, greeting members and guests with a smile and
eye contact immediately upon their arrival, using their name or
acknowledging them, and thanking them for their business.
Demonstrates teamwork in all interactions with coworkers and in the
completion of all duties and responsibilities.
Ensures confidentiality of member information.
Plays a vital role in enriching the community by participating in
community service organizations and/or Credit Union sponsored
events on an annual basis.
Explains the mortgage loan application process and products to the
membership. Services by phone or in person the need for answers to
inquiries pertaining to mortgage rates, mortgage programs,
payments, daily rates, points, and etc.
Conducts mortgage loan application interviews assisting applicants
in the completion of application.
Gathers all required applicant information, including collecting,
analyzing and advising members on best options to assure proper
Reviews applications, exercises judgment and renders loan decision
Works with Underwriters in meeting their guidelines and obtaining
Is responsible for ensuring that all necessary documentation is in
the loan files, including regulatory compliance items.
With this position, it is customary to make regular outside sales
calls to both prospective members and referral sources. Building
relationships with realtors, builders are others that interact with
the financial industry is crucial to ensure the ability to hit
specific production targets. This may include such things as office
calls, lunches or evening receptions as a way to generate future
loan prospects. The majority of such calls will take place outside
of the employee's place of business many of which may extend
outside normal work hours.
Works with mortgage processing department when necessary to ensure
final documentation is received by the investors in a timely
Assists to ensure that the various federal reporting documents are
delivered in a timely manner, to include the borrowers 1098,
sellers 1099, interest reported to the IRS, and the HMDA
Assists in any necessary training and development needed within the
GreenState Mortgage Loan department.
Adheres to all state, federal and credit union regulations,
policies and guidelines.
Coaches, trains, and mentors Mortgage Loan Sales Associates.
- Ability, availability, and willingness to work flexible hours
to accomplish work load. During periods of peak demand and at other
times, job will require a non-traditional workweek with extra hours
including evening and/or weekend duties.
- Ability and willingness to network in the community. This is
essential to build potential member base as well as referral
sources for future business.
- Ability to prioritize assignments and organize work
efficiently, to handle large volumes of details.
- Interpersonal skills to represent the credit union in a
positive way during member contact.
- Must obtain Safe Act requirements.
- Excellent figure aptitude.
- Accuracy and attention to detail required.
- Ability to operate related computer applications.
- Knowledge of procedures, forms, secondary market guidelines and
regulations as they relate to mortgage lending.
- Knowledge and procedures of Real Estate purchasing and
- Ability and desire to call on the Realtors and make sales
- Ability to deal tactfully and efficiently with members and
co-workers on a professional level.
- High school diploma or equivalent (i.e. GED.) with five years
of previous mortgage experience.
- Must be bondable.
- Must be registered pursuant to requirements of the S.A.F.E.
Keywords: University of Iowa Community Credit Union, Cedar Rapids , Mortgage Loan Officer III, Other , Cedar Rapids, Iowa
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