AVP, Mortgage Expert
$91,270–$91,270 year
On-siteElkton, Maryland, United States
Job Summary
Proactively solicit new residential mortgage business and sell Ephrata National Bank products to meet annual production goals of $12 million in closed volume. Develop and maintain a network of real estate professionals, builders, and personal contacts as recurring referral sources. Respond to customer inquiries and conduct interviews to analyze financial data, determine financing objectives, and advise on pricing policies. Collect documentation, prepare regulatory disclosures, and submit loan packages to processing while collaborating with the Mortgage Specialist to ensure timely underwriting and condition compliance. Oversee the loan process from origination to close, communicate status updates to borrowers and partners, and cross-sell additional bank products. Represent the bank in community activities to promote homeownership and complete all required training and compliance activities.
Required Qualifications
- High School diploma or its equivalent
- 6 to 8 years of relevant experience
- Mortgage industry experience with a minimum of three years as a Mortgage Loan Originator
- Experience originating loans for underwriting to agency and ENB Residential Loan Policy guidelines, as well as FHA, VA, USDA, or Construction/Permanent programs
- Capable of performing required services pertaining to the origination of residential mortgage loans with limited supervision
- Knowledge of bank mortgage products and services
- Capable of reviewing documents for sufficiency and accuracy to meet approval and policy standards and make financial recommendations to prospective customers
- Knowledge of compliance and federal standards related to the taking of mortgage loan applications and required disclosures
- Excellent customer service and interpersonal skills
- Excellent working relationship with other support areas of the bank
- Excellent time management skills and the ability to organize, prioritize, and perform multiple tasks simultaneously
- Ability to communicate clearly and effectively, both verbally and in writing, across a variety of audiences
- Ability to analyze and comprehend complex financial data and provide financial alternatives
- Knowledge of banking principles, documentation, services, and operations
- Proficiency in Microsoft Outlook, Word, and Excel
- Proficiency in the use of a Loan Operating System (LOS), preferably Encompass
- Thorough knowledge of various loan application policies and procedures, as well as the documentation required by the regulatory agencies
- Maintain all licensing requirements under the Nationwide Multistate Licensing System & Registry (NMLS)
- Must be able to lift and/or move up to 25 pounds
- Flexibility of schedule to meet business needs is required
- This position may require travel
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