Job Description
Job DescriptionDescription:
Inform prospective loan clients of the banks underwriting guidelines and applicable government regulations, screen loan request, complete loan application and all preprocessing, etc.
Duties/Responsibilities:
- Solicits first mortgage loans, consumer loans and commercial loans. Informs prospective loan clients of the financial institution's underwriting guidelines and applicable government regulations.
- Personally interviews all loan applicants.
- Completes each loan application and all pre-processing functions in a timely manner to permit the good faith estimate to be mailed within the requested three-business day period.
- Screens loan requests based on financial institution policies and on types of loans offered by the institution.
- Request appraisal orders, orders credit reports, background checks, reference checks and other information as needed on residential loan applicants.
- Researches new legislation and regulations that may affect the financial institution's residential lending policies. Ensures compliance with new rules by advising senior management and implementing appropriate changes.
- Actively promotes the bank's deposit and loan products with a goal to obtain the complete banking relationship
- Personally answers incoming phone calls and schedules appointments.
- Communicates complex approvals or denials to the borrower, real estate agent or builder. Maintains and submits a source-of-business log monthly to supervisor.
- Distributes market data, rate flyers and general loan information to the real estate community as directed by financial institution management.
- Promotes and participates in the financial institution's special credit programs and other CRA programs.
- Actively participates in local business and community activities and maintains close contact with local builders, real estate brokers and agents, customers and prospects.
Goals & Objectives:
- Participate in FFNB sponsored events.
- Complete all assigned training courses on time.
Requirements:
Required Skills/Abilities:
- Effectively communicate with customers and co-workers while ensuring confidentiality of information.
- Ability to work with others and demonstrate self-reliance and resourcefulness.
- Maintain knowledge of trends, best practices, regulatory changes, and new technologies in banking.
- Good sales, organizational, managerial and interpersonal skills.
- Good oral and written communication skills
Physical Requirements:
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift up to 15 pounds at times.
- Must be able to travel at times.
Equal Opportunity Employer including disability/vets
Member FDIC