the smart solution for Washington DC jobs

Residential Loan Officer

Company: NIH Federal Credit Union
Location: Rockville
Posted on: February 15, 2019

Job Description:

Be a part of our team where commitment to members with exceptional service and banking solutions that enhances their lives is our mission. If helping people and making a difference appeals to you, this is the place for you!At NIHFCU, one of our core values is investing in our employees, which is why we offer perks like these: --- Benefit Package for all Full time employees includes health, dental, vision, Life insurance benefits--- 401(K) and profit sharing--- Tuition Reimbursement--- Career Advancement and development--- Credit Union Membership with discounted services and productsGENERAL SUMMARY The Residential Loan Officer (RLO) proactively solicits new residential mortgage business and sells NIHFCU mortgage products to meet established loan quality and production goals. The RLO responds to customer inquiries and referrals that are generated primarily from NIHFCU business channels and also from their personal referral network as the NIHFCU field of membership permits. The RLO conducts interviews with prospective borrowers in order to analyze financial and credit data, determines customer financing objectives, advises customers of product/pricing policies and guidelines, and gathers any additional required information. The RLO ensures exceptional customer service by maintaining thorough knowledge of lending programs, policies, procedures and regulatory requirements, demonstrating a commitment to professional ethics, complying with all Federal and State compliance policies and adhering to HMDA requirements.MAJOR DUTIES AND RESPONSIBILITIES

  • Attempt to contact all assigned leads within 24 hours.
  • Contacting all assigned loan application (complete and incomplete) within established timeframes.
  • Meets with members as necessary during various stages of the loan process.
  • Utilizes NIHFCU training materials, reference tools and other resources to provide accurate and up-to-date loan program/policy information.
  • Follow required workflow procedures and provide complete loan packages (signed disclosures, documentation, etc) to the Residential Lending Operations team.
  • Ensures exceptional customer experience by being primary borrower contact from origination through close and providing on-going communication to customers/members, business partners and Real Estate Agents.
  • Develops and maintains successful relationships with business referral sources as well as existing and prospective NIHFCU members.
  • Prospect new mortgage lending opportunities.Loan Application Process:
    • Meet with prospective borrowers.
    • Review / Analyze credit and financial data.
    • Determine borrower financing objectives and goals.
    • Generate and send proper loan disclosures to borrowers as necessary according to required workflow.
    • Present appropriate NIHFCU products and programs and explain guidelines.
    • Apprise of pricing and lock rate as required.
    • Identify appropriate opportunities to sell additional products.
    • Collect required supporting loan documentation in timely fashion per workflow guidelines and provide complete packages to Loan Processor.
    • Submit Loan exception requests to Sales Manager as soon as they are identified.Loan Management:
      • Act as primary contact to provide on-going communication and loan status updates between customer, Real Estate Agents and support staff.
      • Professional Development:
      • Maintain current and thorough knowledge of all lending programs, policies, procedures and regulatory requirements.
      • Perform job functions in accordance with NIHFCU policies and procedures.
      • The ability to be bonded..

        • High School Diploma or equivalent (4-year college degree preferred).
        • Candidate must have a minimum 2 years residential mortgage lending experience with strong customer service skills (self-sourced business experience preferred). Current NMLS number.
        • Demonstrated understanding of mortgage processing, underwriting and closing procedures.
        • Thorough knowledge of conventional & agency lending guidelines.
        • Strong computer skills including a fundamental understanding of MS applications, database management and previous experience utilizing laptop technology for communication purposes including accessing rate, credit and loan status
        • Solid 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
        • Professional and effective interpersonal skills
        • Competence with Microsoft Office, Excel, PowerPoint and other software. Excellent communication, analytical, and interpersonal skills required. REQUIRED COMPLIANCE COURSESEnsure that work results and processes comply with relevant laws and with established NIHFCU policies, procedures, and practices, including, but not limited to, the Bank Secrecy Act (BSA).Attend all required training or complete and pass all online required training courses as applicable.PM18 PI107722793

          Keywords: NIH Federal Credit Union, Washington DC , Residential Loan Officer, Other , Rockville, DC

          Click here to apply!

          Didn't find what you're looking for? Search again!

          I'm looking for
          in category

Other Other Jobs

Teaching Position Available To Recent Grads - Earn Up To 58K!
Description: Job Description br br Applications for the upcoming deadline should be submitted no later than Friday, February 1st, 2019. br br Who We Are br br Teach For America TFA is a leadership (more...)
Company: Teach For America
Location: Charlottesville
Posted on: 02/20/2019

GEOINT Systems Engineer (Security Clearance required)
Description: Overview:Every day at Perspecta, we enable hundreds of thousands of people to take on our nation---s most important work.-- We---re a company founded on a diverse set of capabilities and skills, bound (more...)
Company: Perspecta
Location: Chantilly
Posted on: 02/20/2019

Business Development Intern
Description: C2 Essentials, Inc. is a leading full-service Human Resources outsourcing firm with a nationwide presence. C2 is currently seeking students with a demonstrated interest in Sales,
Company: C2 Essentials, Inc.
Location: Chantilly
Posted on: 02/20/2019

Enterprise Architecture Systems Architect (Security Clearance required)
Description: Overview:Every day at Perspecta, we enable hundreds of thousands of people to take on our nation---s most important work.-- We---re a company founded on a diverse set of capabilities and skills, bound (more...)
Company: Perspecta
Location: Chantilly
Posted on: 02/20/2019

Research and Communications Associate
Description: UVA Executive Search is an internal search firm in the Office of the President at the University of Virginia that brings together a team with a century of experience in recruiting and blends it with a (more...)
Company: University of Virginia
Location: Charlottesville
Posted on: 02/20/2019

WAH- Benefit Consultants - PT/FT
Description: Nation 039 s largest provider of healthcare benefit programs is currently interviewing for self-motivated
Company: Ameriplan
Location: Lancaster
Posted on: 02/20/2019

Systems Engineer-TS/SCI REQUIRED-Chantilly, VA (Security Clearance required)
Description: Job Description:An Identity Access Management IdAM program is seeking a systems engineer to provide support to a mission critical enterprise system. Successful candidate will provide lifecycle systems (more...)
Company: Leidos
Location: Chantilly
Posted on: 02/20/2019

.Net Lead
Description: Job description: .Net leadJob Location: Chantilly, VAAs a key member of an Agile development and/or support team, the Senior Software Engineer performs technical design, development, modification, implementation, (more...)
Company: emids
Location: Chantilly
Posted on: 02/20/2019

Senior Systems Engineer (Security Clearance required)
Description: Job Description:The Senior Systems Engineer will be expected to provide a unique competency in translating business communication issues into technical solutions by applying extensive technical expertise. (more...)
Company: Leidos
Location: Chantilly
Posted on: 02/20/2019

Chief Systems Engineer (Security Clearance required)
Description: Job Description:JOB DESCRIPTION:Responsible for technical planning, system hardware-software-network design, development and integration, verification and validation, and fielding. Evaluates alternatives (more...)
Company: Leidos
Location: Chantilly
Posted on: 02/20/2019

Log In or Create An Account