Remote Mortgage Loan Originator - Sign On Bonus!

First Federal Savings Bank/Home Building Savings B

Henderson Kentucky

United States

Financial Services - Banking / Investment / Finance
(No Timezone Provided)

Job DetailsLevelExperiencedJob LocationHenderson - Henderson, KYEducation Level2 Year DegreeJob CategoryBankingDescriptionFirst Federal Savings Bank is looking to hire a Remote Mortgage Loan Originator to work out of Henderson, KY. First Federal was established on Evansville, Indiana's Westside in 1904 and is a community bank currently serving the residents of Southwest Indiana with seven branch offices located throughout Posey, Vanderburgh, and Warrick Counties. Two Home Building Savings Bank branches, which are located in Daviess and Pike County respectively, are also owned by First Federal.Full-time employees of First Federal are offered a comprehensive benefit package including paid Vacation, 10 paid Holidays, paid Sick Time, 401k, ESOP, company paid Disability and Life insurance and Health and Wellness Options including Medical, Dental, Vision, Life and Supplemental Insurance. Our Part-time employees can choose to enroll in Dental, Vision and Supplemental Insurance, and are eligible for earned PTO and participation in clinic healthcare services. *certain restrictions apply.Aside from that, all employees can expect to receive discounted bank services such as free checks, discounts on loans, waived processing fees and much more.DEPARTMENT: Retail Banking REPORTS TO: VP, Retail Lending Sales ManagerSUPERVISES: None FLSA STATUS: Exempt STATUS: Full time OFFICER: No [CH1] LOCATION: Remote Henderson Region *Incumbent may be assigned and re-located to a branch within the Region as staffing and business needs dictate.SIGN ON BONUS: Experienced MLO's are eligible for a SIGN ON BONUS of up to $1500.00 (terms and conditions apply) POSITION SUMMARY: A Mortgage Loan Originator is the first person most customers seeking a new mortgage have contact with in the process. The Originators primary responsibility is to solicit and develop new business, complete applications and documentation process, structure each loan, and maintain and service existing portfolios. The Mortgage Loan Originator must have the drive and the skills to succeed in a position while being provided with excellent support and plenty of room to grow! This individual will ascertain and proficiently and extensively comprehend and perform the entire process associated with retail lending. This individual will be responsible for being knowledgeable about all BSA related functions.ESSENTIAL DUTIES AND RESPONSIBITIES: Actively solicits first mortgage and consumer loans and consistently meet assigned production goals. Interviews loan applicants, thoroughly and accurately completes each loan application and all pre-processing functions in a timely manner to comply with regulatory deadlines. Reviews loan requests based on financial institution policies and on types of loans offered by the institution.Analyzes applicant information to determine viability of the applicants desired mortgage loan and/or consumer loan program.Provide guidance and information relevant to the risks and benefits of each program the applicant is qualified for and effectively explain and communicate the terms of each product. Provides all required disclosures to the applicant.Informs and explains prospective loan clients of the financial institutions underwriting guidelines and applicable government regulations.Collects and confirms all required documentation, financials, signatures, reports and collateral necessary for the loan have been collected, reviewed for accuracy, and meet all compliance and regulatory requirements. Keeps all parties involved in the loan transaction informed during the process.Submit necessary loan files and documentation to the correct personnel for the required processing, review and underwriting. Determine the correct loan options for the borrower based upon the applicant's present situation, future, and preferred loan product. Communicates complex approvals or denials to all parties involved in the loan transaction.Analyzes the mortgage or consumer application for other products such as deposit relationships, credit cards, commercial loans, or other opportunities to refinance outstanding debt.Schedule the loan closing with applicant(s) and other parties involved in the loan transaction. Stays educated and informed on new legislation and regulations that may affect the financial institutions lending policies and ensures compliance with the departments policies and procedures. Promotes and participates in the financial institutions special credit programs and other CRA programs.Actively works to build relationships among other departments and retail branches for increased referral business and leads among and between departments and branches. QualificationsEDUCATION & EXPERIENCE: Bachelor's Degree preferred. (Preferably Finance, Accounting or Business-Related Field)Two or more years of prior banking experience preferred.Two or more years of prior lending experience preferred. Demonstrated capability of producing and increasing a retail and consumer loan products portfolio.Exhibited accomplishment of assigned sales goals. Demonstrated experience with outside sales calls to develop new business.Proficient with Microsoft Office programs.Previous experience with Ellie Mae's Encompass Loan Origination System preferred.Experience with and knowledge of secondary market, government loan programs and private mortgage insurance guidelines a plusKNOWLEDGE, SKILLS AND ABILITIES:Strong and effective interpersonal, communication and organizational skills.Detail orientated. Strong analytical and problem-solving abilities.Comprehensive knowledge of retail lending services and compliance. Good understanding of financial products and services.Sales experience, particularly in cross-marketing products and services.Strong leadership abilities.Ability to work in a team environment in a positive manner with peers, business partners and management. Computer proficiency and ability to learn new technology.Ability to adapt to various operations and functions and quickly learn and develop knowledge of products, services, policies, procedures, operating systems, documentation, risks, and regulations necessary to highly perform in various departments.ADA REQUIREMENTS: Work is performed in a remote office setting; Sitting for long periods of time; May be required to lift items weighing up to 25-lbs. Travel, mostly regional, is required. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. EQUAL EMPLOYMENT OPPORTUNITY POLICY: First Federal Savings Bank is proud to be an Equal Employment Opportunity and Affirmative Action employer. We are committed to providing equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.* This job description may not be all-inclusive. Employees are expected to perform other duties as assigned or directed by management. Job descriptions will be reviewed and may be modified when deemed appropriate by management. As business needs and staffing needs change, all positions at First Federal Savings Bank/Home Building Savings Bank are reviewed. Employee may be moved for business purposes to sustain business and staffing demands.

Remote Mortgage Loan Originator - Sign On Bonus!

First Federal Savings Bank/Home Building Savings B

Henderson Kentucky

United States

Financial Services - Banking / Investment / Finance

(No Timezone Provided)

Job DetailsLevelExperiencedJob LocationHenderson - Henderson, KYEducation Level2 Year DegreeJob CategoryBankingDescriptionFirst Federal Savings Bank is looking to hire a Remote Mortgage Loan Originator to work out of Henderson, KY. First Federal was established on Evansville, Indiana's Westside in 1904 and is a community bank currently serving the residents of Southwest Indiana with seven branch offices located throughout Posey, Vanderburgh, and Warrick Counties. Two Home Building Savings Bank branches, which are located in Daviess and Pike County respectively, are also owned by First Federal.Full-time employees of First Federal are offered a comprehensive benefit package including paid Vacation, 10 paid Holidays, paid Sick Time, 401k, ESOP, company paid Disability and Life insurance and Health and Wellness Options including Medical, Dental, Vision, Life and Supplemental Insurance. Our Part-time employees can choose to enroll in Dental, Vision and Supplemental Insurance, and are eligible for earned PTO and participation in clinic healthcare services. *certain restrictions apply.Aside from that, all employees can expect to receive discounted bank services such as free checks, discounts on loans, waived processing fees and much more.DEPARTMENT: Retail Banking REPORTS TO: VP, Retail Lending Sales ManagerSUPERVISES: None FLSA STATUS: Exempt STATUS: Full time OFFICER: No [CH1] LOCATION: Remote Henderson Region *Incumbent may be assigned and re-located to a branch within the Region as staffing and business needs dictate.SIGN ON BONUS: Experienced MLO's are eligible for a SIGN ON BONUS of up to $1500.00 (terms and conditions apply) POSITION SUMMARY: A Mortgage Loan Originator is the first person most customers seeking a new mortgage have contact with in the process. The Originators primary responsibility is to solicit and develop new business, complete applications and documentation process, structure each loan, and maintain and service existing portfolios. The Mortgage Loan Originator must have the drive and the skills to succeed in a position while being provided with excellent support and plenty of room to grow! This individual will ascertain and proficiently and extensively comprehend and perform the entire process associated with retail lending. This individual will be responsible for being knowledgeable about all BSA related functions.ESSENTIAL DUTIES AND RESPONSIBITIES: Actively solicits first mortgage and consumer loans and consistently meet assigned production goals. Interviews loan applicants, thoroughly and accurately completes each loan application and all pre-processing functions in a timely manner to comply with regulatory deadlines. Reviews loan requests based on financial institution policies and on types of loans offered by the institution.Analyzes applicant information to determine viability of the applicants desired mortgage loan and/or consumer loan program.Provide guidance and information relevant to the risks and benefits of each program the applicant is qualified for and effectively explain and communicate the terms of each product. Provides all required disclosures to the applicant.Informs and explains prospective loan clients of the financial institutions underwriting guidelines and applicable government regulations.Collects and confirms all required documentation, financials, signatures, reports and collateral necessary for the loan have been collected, reviewed for accuracy, and meet all compliance and regulatory requirements. Keeps all parties involved in the loan transaction informed during the process.Submit necessary loan files and documentation to the correct personnel for the required processing, review and underwriting. Determine the correct loan options for the borrower based upon the applicant's present situation, future, and preferred loan product. Communicates complex approvals or denials to all parties involved in the loan transaction.Analyzes the mortgage or consumer application for other products such as deposit relationships, credit cards, commercial loans, or other opportunities to refinance outstanding debt.Schedule the loan closing with applicant(s) and other parties involved in the loan transaction. Stays educated and informed on new legislation and regulations that may affect the financial institutions lending policies and ensures compliance with the departments policies and procedures. Promotes and participates in the financial institutions special credit programs and other CRA programs.Actively works to build relationships among other departments and retail branches for increased referral business and leads among and between departments and branches. QualificationsEDUCATION & EXPERIENCE: Bachelor's Degree preferred. (Preferably Finance, Accounting or Business-Related Field)Two or more years of prior banking experience preferred.Two or more years of prior lending experience preferred. Demonstrated capability of producing and increasing a retail and consumer loan products portfolio.Exhibited accomplishment of assigned sales goals. Demonstrated experience with outside sales calls to develop new business.Proficient with Microsoft Office programs.Previous experience with Ellie Mae's Encompass Loan Origination System preferred.Experience with and knowledge of secondary market, government loan programs and private mortgage insurance guidelines a plusKNOWLEDGE, SKILLS AND ABILITIES:Strong and effective interpersonal, communication and organizational skills.Detail orientated. Strong analytical and problem-solving abilities.Comprehensive knowledge of retail lending services and compliance. Good understanding of financial products and services.Sales experience, particularly in cross-marketing products and services.Strong leadership abilities.Ability to work in a team environment in a positive manner with peers, business partners and management. Computer proficiency and ability to learn new technology.Ability to adapt to various operations and functions and quickly learn and develop knowledge of products, services, policies, procedures, operating systems, documentation, risks, and regulations necessary to highly perform in various departments.ADA REQUIREMENTS: Work is performed in a remote office setting; Sitting for long periods of time; May be required to lift items weighing up to 25-lbs. Travel, mostly regional, is required. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. EQUAL EMPLOYMENT OPPORTUNITY POLICY: First Federal Savings Bank is proud to be an Equal Employment Opportunity and Affirmative Action employer. We are committed to providing equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.* This job description may not be all-inclusive. Employees are expected to perform other duties as assigned or directed by management. Job descriptions will be reviewed and may be modified when deemed appropriate by management. As business needs and staffing needs change, all positions at First Federal Savings Bank/Home Building Savings Bank are reviewed. Employee may be moved for business purposes to sustain business and staffing demands.