Mortgage Loan Officer

Job Description

Job Description

Description :

Maine Savings is looking for a full-time Mortgage Loan Officer to cover the Bangor Region and South.

What You'll Do :

• Reviews and evaluates information on mortgage loan documents to determine if buyer, property, and loan conditions meet credit union and governmental standards. Approves or rejects loan application or requests additional information. Establishes terms and conditions of an approved loan and reviews with member.
• Cross-sells other credit union services.
• Keeps informed of current trends in mortgage lending and market factors affecting mortgage lending.
• Develop relationships with the Real Estate Broker community to create a network of contacts and referral sources.
• Actively solicit opportunities to provide all types of government loans including FHA, Rural Development, VA, MSHA, etc.
• Interviews loan applicants to record income, debt and credit history and requests appropriate documentation to verify the accuracy of information provided, including tax returns, bank accounts, purchase agreements, and property descriptions, and other required documents.
• Submits application forms to CUSO Mortgage for verification of the application information and subsequently informs the applicant of loan denial or acceptance.
• Determines if the applicant meets Credit Union standards for further consideration and / or calls applicant or other person(s) to resolve discrepancies. Informs the applicant of closing costs, such as appraisal, credit report, and notary fees. Answers applicant's questions and asks for signature on information authorization forms.
• Performs other duties as assigned by supervisor.

Requirements :

Knowledge and Skills :

Maine Savings offers an excellent compensation package as well as the opportunity to thrive in a challenging, fun, and exciting environment. Maine Savings also offers health insurance, dental and vision insurance, 401k with company match, paid holidays, a generous Paid Time Off program, employee referral program, employee discounts, continuing education and student debt relief programs, longevity bonuses and more!

Maine Savings is a growing modern financial institution offering members a full range of financial services. With over 38,000 members and over $800,000,000 in assets, Maine Savings is among Maine’s largest credit unions. With 12 branches, nearly 150 employees, and state-of-the-art technology, Maine Savings is committed to providing its members in-person service and modern conveniences. Founded in 1961 by employees of the Bangor and Aroostook Railroad Company, Maine Savings continues to serve its membership as a federally insured not-for-profit credit union.

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, or any other characteristic protected by law.

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.