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Ent Credit Union

Mortgage Loan Officer External Colorado Springs CO

Ent Credit Union, Colorado Springs, Colorado, United States, 80509


Job Description

The primary purpose of this position is to work with Ent's members and potential members to assist them in identifying and securing a mortgage loan that is appropriate for achieving their financial goals, including home ownership. Mortgage loan officers respond to and follow up on member inquiries that come from multiple sources. The loan officer will collect and analyze the member's financial information and assess the member's financing circumstances to determine which mortgage product might best fit their needs. This includes reviewing competing offers from other mortgage lenders and understanding the positive and negative features of many loan products.

Essential Functions

External Realtor/Business development contacts, events, shows, seminars, education, committees.

Take applications and review initial findings & decision.

Analyze asset, income and DU required data independently.

Collect data and appraisal fees.

Continuing education.

Refer to other Ent departments (EIS/CRE/Etc).

Bank Secrecy Act: Remains cognizant of and adheres to Ent policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Qualifications:Qualifications

Minimum Formal Qualifications for this Position

High School Diploma/G.E.D. or equivalent.

1+ years' of mortgage industry origination or sales experience.

5+ years' of mortgage experience with 2+ years in mortgage sales origination. Preferred

Each year of relevant work experience may be exchanged for a year in a relevant degree program or vice versa. For example, a requirement of a bachelor's degree in accounting and 2+ years of account experience could be substituted for a high school diploma and 6 years of relevant accounting work experience or a master's degree in accounting and 0 years of work experience.

Technical or Specialized Knowledge/Skills:

Detailed understanding of FNMA, CHFA, FHA, and VA products and underwriting requirements.

Understanding of Non-profit down payment programs available to members.

Desktop Underwriter (DU) knowledge.

Strong technical experience to include; PC's, excel, database software and web knowledge.

Strong external sales and networking skills.

Excellent communication skills.

Certifications Required:

NMLS Registration in good standing. required

Driver's license with acceptable driving record. required

Environmental, Physical and Psychological Requirements

Standing - Occasionally

Walking - Occasionally

Sitting - Frequently

Lifting - Rarely (40 Lbs)

Carrying - Rarely

Pushing - Rarely

Pulling - Rarely

Balancing - Rarely

Stooping - Rarely

Kneeling - Rarely

Crouching - Rarely

Crawling - Rarely

Reaching - Occasionally

Handling - Occasionally

Grasping - Occasionally

Feeling - Occasionally

Talking - Frequently

Hearing - Frequently

Repetitive Motions - Frequently

Eye/Hand/Foot Coordination - Occasionally

Noises louder than normal speaking volume - Occasionally

Temperature Changes - Rarely

Atmospheric Conditions - Rarely

Additional Information

The pay range for this position is: $55,000.00 per year. (COM)

This position is eligible for monthly incentives based on performance.

Final compensation for this position will be determined by various factors such as relevant work experience, specific skills and competencies, education, certifications, and internal pay equity.

We anticipate this position to close on 11/28/2024. Please submit your application at your earliest convenience to be considered.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.

Benefits Summary Sheet

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Compensation:$55,000-$55,000 per year