Mortgage Loan Originator - Bilingual

Job Description

Job Description

We are located in the Jersey Villiage / Cypress Area, and we currently have openings for experienced licensed loan officers (preferred bilingual).

The plus for working for FocusOne Mortgage Solutions is that we provide leads from our Credit Union Partners, but you are welcome to bring your leads in.

We originate portfolios, brokers, FNMA, and Government Loans. Member Home Loan / FocusOne Mortgage Solutions is licensed in Texas, Missouri, Illinois, Louisiana, New Mexico, and Ohio, and expanding.

Looking for experienced, self-starting Licensed Loan Officers to respond to customer inquiries and referrals that are generated through our local business channels.

The MLO conducts interviews with prospective borrowers in order to analyze financial and credit data, determine customer financing objectives, advise customers of product / pricing policies and guidelines, and gather any additional required information.

The MLO maintains a thorough knowledge of lending programs, policies, procedures, and regulatory requirements. The MLO continually demonstrates a commitment to professional ethics, complying with all Federal and State compliance policies and adhering to HMDA requirements.

One must possess an NMLS license to originate mortgage loans in Texas and be willing to obtain other states' licenses.

Job Description :

The MLO responds to customer inquiries and referrals that are generated from both their own contacts and from Member Home Loan, LLC business channels.

The MLO interviews prospective borrowers to analyze financial and credit data, determine customer financing objectives, advise customers of product / pricing policies and guidelines, and gather any additional required information.

The MLO maintains a thorough knowledge of lending programs, policies, procedures and regulatory requirements. The MLO continually demonstrates a commitment to professional ethics, complying with all Federal and State compliance policies and adhering to HMDA requirements.

The Mortgage Loan Officer

• Develops and maintains successful relationships with business referral sources, existing and prospective, along with Member Home Loan, LLC business partners.
• Prospects of new mortgage lending opportunities.
• Meets with customers as necessary during various stages of the loan process.
• Utilizes Member Home Loan, LLC training materials, reference tools, and other resources to provide accurate and up-to-date loan program / policy information to both external customers and internal business partners.
• Provides complete loan applications to be put into processing.
• Ensures exceptional customer experience by overseeing loan process from origination to close and providing ongoing communication to customers and business partners.
• Achieves production goals as established by Member Home Loan, LLC.
• Oversees and ensures successful completion of all assigned Mortgage Loan Officer Training activities.

ACTIVITIES / TASKS on a day-to-day basis

Loan Application Process

• Meet with prospective borrowers.
• Review / Analyze credit and financial data.
• Determine borrower financing objectives and goals.
• Present appropriate Member Home Loan, LLC products, and programs and explain guidelines.
• Appraise of pricing and lock rate as required.
• Identify appropriate opportunities to sell additional products.
• Collect supporting loan documentation as required and provide a complete package to the Mortgage Loan Processor.

Loan Management

• Work with the Operations Manager, Mortgage Loan Processors, and directly with operations to ensure that loan docs are submitted to processing in the highest quality possible as established by FocusOne Mortgage Solutions.
• Work with EVP, Operations Manager, Mortgage Loan Processors, and directly with operations to ensure that loan conditions are met.
• Partner with EVP, Operations Manager, and Mortgage Loan Processors with ongoing communication with the customer regarding loan status.
• Update Realtors / Builders or any professional referral source on loan status once a week (on Fridays) using the Email Loan Status Update flyer.
• Utilize existing LOS to check for notes and conditions.

Professional Development

• Attend and complete all Member Home Loan, LLC required training.
• Maintain current and thorough knowledge of all lending programs, policies, procedures, and regulatory requirements.
• Perform all job functions in accordance with Member Home Loan, LLC / FocusOne Mortgage Solutions policies and procedures.
• The company’s Non-Compete and Confidentiality Agreement must be signed.

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