Loan Originator

Liberty Bank • Middletown, CT • 10h ago

At Liberty, we are proud to integrate our Diversity, Equity, and Inclusion (DE&I) throughout all functions and areas of the Bank to maximize our impact and exceed goals. We believe deepening our DE&I strategies in the workplace and communities we serve creates a much better place to work for our teammates and a safe place where our customers are connected and supported. We take pride in promoting a socially responsible and sustainable future through initiatives and investment.

SUMMARY OF THE JOB:

Reporting to the Loan Originations Manager, the incumbent is responsible for the solicitation and origination of residential mortgages.

ESSENTIAL FUNCTIONS:

The incumbent is responsible for soliciting and originating residential conventional and government mortgages. Promotes conventional and government programs and Bank services to realtors, builders, affinity accounts and other referral sources as well as prospective customers. Writes an annual sales plan identifying key, conversion and prospecting accounts. Makes regularly scheduled sales calls on targeted accounts and develops and maintains business relationships and referral sources. Interfaces with community banking offices and loan support staff and informs appropriate personnel of product/policy changes and updates. Works with Liberty Bank outreach officers to provide mortgage products in low/moderate census tract areas or for low/moderate income individuals. Counsels prospective customers regarding appropriate mortgage programs. Prequalifies based on income, debt, employment history, and other credit data. Determines customers' eligibility and acceptability of loan risk. Originates loan applications via a laptop computer and monitors the loan from application through closing process, maintaining effective communications with customers, referral sources, and loan support staff. Utilizes automated underwriting, where applicable, to issue point of sale commitment letters. Ascertains whether loans meet secondary market or lending approval guidelines. Keeps abreast of competitor activity and industry trends and developments.

SECONDARY FUNCTIONS:

Identify potential cross-sell opportunities for other Bank products and services and refers to appropriate Bank employees.

DIMENSIONS:

Annual Sales Goals: $9-$12MM No. Est. Referral Sources: 15-25 accounts, which are determined by the annual sales plan. $750,000/monthly loan closing average

principal accountabilities:

Development: Exercises effective sales techniques and implements successful sales and marketing strategies.

Volume: Attains established loan production goals and objectives.

Underwriting: Determines qualifications of customers based upon a thorough analysis of borrower's credit profile. Use of automated underwriting system to issue point of sale commitment letters, where applicable.

Outreach: Develops and maintains contacts and communications with municipal, civic, community and business groups through community involvement, special events and memberships in local organizations with emphasis on groups whose primary focus is housing.

EEO: Acts affirmatively in all activities under his/her control in conformance with the Bank's Affirmative Action, Equal Employment Opportunity, and Equal Opportunity Lending Programs to achieve the Bank's goals and objectives.

Compliance: Adheres to applicable federal and state regulations and Bank policies and procedures, including OFAC, BSA, PATRIOT Act, Privacy, and consumer protection regulations pertaining to incumbent's business line. If applicable incumbents who have responsibility for taking residential mortgage loan applications or offers or negotiates terms of a residential mortgage loan for compensation or gain, must register with the NMLS as a Mortgage Loan Officer (MLO). To be registered, the MLO must pass a background check. Failure to comply with registration and annual registration or not pass a criminal background check administered by NMLS may result in termination.

SECONDARY accountabilities:

Cross Sells: Identifies cross sell opportunities and makes referrals.

MINIMUM REQUIREMENTS:

Working knowledge of conventional and government loan programs, and FHLMC/secondary market guidelines. Understanding of the real estate industry. Two years' sales experience and computer skills required.

Associate degree and/or equivalent work experience. Minimum one year customer service experience.

Banking or call center experience preferred.

Strong organizational skills.

Well-developed written and verbal communication skills.

Understands and can apply basic mathematical formulas and calculations.

Ability to effectively plan and manage many tasks / initiatives simultaneously.

PHYSICAL REQUIREMENTS:

Keyboard dexterity

General office equipment

Ability to sit for long periods of time

Superior phone etiquette

COMPLIANCE:

Acts affirmatively in all activities under his/her control in conformance with the Bank's Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank's goals and objectives. The Bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin, or veteran status.

Liberty Bank is an Equal Opportunity employer. It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

Job Details

Job Family Lending

Job Function Staff

Pay Type Hourly

Similar Jobs

Staff Accountant

Robert Half • Newington, CT • 10h ago

Finance, Accounting & Banking

Description Staff Accountant - Newington Contact: Brittany Rizzo / Brittany.Rizzo@roberthalf.c0m Reference ID: BR0013444254 Our client is growing and adding to their team!! They are looking for a detail-oriented Staff Ac...

10h ago

Go to Apply

Accountant

Robert Half • Hartford, CT • 17h ago

Finance, Accounting & Banking

Description The Accountant is responsible for the accounting, reporting, and oversight of endowment funds, ensuring compliance with donor restrictions, accounting standards, and organizational policies. This role support...

17h ago

Go to Apply

Technology Lead-Finance

Humana • Hartford, CT • 1d ago

Finance, Accounting & Banking

Become a part of our caring community The Business Informatics Shared Services (BISS) Team is focused on optimizing the execution, investments, strategy, application experience, project delivery, and governance between t...

1d ago

Go to Apply

SAP IS-U Billing & Rates Lead - Utilities Industry

Accenture • Hartford, CT • 1d ago

Finance, Accounting & Banking

We Are: Are you ready to step into the heart of digital transformation in one of the world's most critical - and most dynamic - industries? The Utilities Industry is transforming at unprecedented speed. Clean energy dema...

1d ago

Go to Apply

Bookkeeper

Robert Half • Madison, CT • 1d ago

Finance, Accounting & Banking

Description ?? QuickBooks Bookkeeper- Full-Time/Permanent, Onsite Location: local to Madison, Connecticut Compensation: 60,000-75,000, depending on experience Benefits: Yes - MDV and 401k! A small manufacturing company i...

1d ago

Go to Apply

Accounting Clerk

Robert Half • Farmington, CT • 1d ago

Finance, Accounting & Banking

Description Our client in Farmington, Connecticut is seeking an Accounting Assistant to join their team. This is an excellent opportunity for a detail-oriented professional who enjoys supporting day-to-day accounting ope...

1d ago

Go to Apply

Agile Product Owner- Personal Insurance

Travelers Insurance Company • Hartford, CT • 1d ago

Finance, Accounting & Banking

Who Are We? Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the...

1d ago

Go to Apply

Senior Analyst, Treasury

CVS Health • Hartford, CT • 3d ago

Finance, Accounting & Banking

We're building a world of health around every individual - shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate...

3d ago

Go to Apply

Manager, Indirect Tax Strategy and Planning

CVS Health • Hartford, CT • 3d ago

Finance, Accounting & Banking

3d ago

Go to Apply

Security Officer Banking Center

Allied Universal • East Haven, CT • 4d ago

Finance, Accounting & Banking

Allied Universal®, North America's leading security and facility services company, offers rewarding careers that provide you a sense of purpose. While working in a dynamic, welcoming, and collaborative workplace, you wil...

4d ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)