ReadingRecruiter Since 2001
the smart solution for Reading jobs

Mortgage Loan Officer

Company: Bank of England Mortgage
Location: Reading
Posted on: October 12, 2019

Job Description:

Bank of England / Bank of England MortgageNMLS Registered Mortgage Loan Officer - Level 1Non-ExemptJob Description----Typical business work hours are 8:00 A.M. to 5:00 P.M. Monday through Friday, some over-time may be required. This is considered a starting position for the sales force, you will be expected to have willingness to work closely with others, be a part of a team whose primary focus is to promote company growth and service the customer as you will be their main point of contact. At times, a Loan Officer can structure their time to work around their client base time zone or peak hours for sales calls. Loan Officers are expected to self-manage their time. This is a non-exempt position.------Purpose:----Loan Officers serve as a main contact point for Borrower and Retail Operations with the loan origination process. It is expected of them to take the initiative to generate their own client base and/or work leads provided by Bank of England Mortgage. Stay abreast of new types of loans and other financial products in order to better meet the customers' needs. The Loan Officer must meet or exceed the set weekly and/or monthly production goals management has established. Communicate with theirManager/Supervisor on a daily or weekly basis regarding personal production. Meet strict deadlines and maintain compliance. Resolve issues/difficulties across multiple departments while maintaining a high level of customer service to internal and external customers while meeting their expectations.------Essential Functions/Duties:------ Meet with applicants to obtain information for loan applications and answer applicant's questions regarding the loan process. Input loan application information into Encompass System.-------- Obtain and compile copies of loan applicants' credit histories, corporate financial statements and other financial information. Prepares mortgage loan file by reviewing loan application, clarifying or obtaining additional information as necessary.-- Submit applications to credit analysts for verification and recommendation. Initiate preliminary research needed on the loan to help determine mortgage eligibility. Analyze applicants' financial status, credit and property evaluations to determine feasibility of granting loans.---- Facilitates mortgage loan applications process by interfacing with Borrower in supplementing additional needed data for completed applications.---- Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.---- Confer with Underwriters to aid in resolving mortgage application problems.-------- Work closely with processors, closers and underwriters. Assists in coordinating closing appointments in conjunction with the closing staff.---- Maintains and ensures complete and accurate compliance with RESPA, Regulation Z, Fair Lending, HMDA, Bank Secrecy Act and other regulations regarding the mortgage application process.---- Review Loans to ensure that they are complete and accurate according to policy. Compute payment schedules. Approve loans within specified limits and refer loanapplicants outside those limits to management for approval. Review and update credit and loan files.---- Handle customer complaints and take appropriate action to resolve them.------ Market loan products to individuals promoting services that may meet the customers' needs.---- Understands and complies with mortgage industry regulations, including the Fair Credit Reporting Act, the Real Estate Settlement Procedures Act, the Community Reinvestment Act, Truth-in-Lending laws, etc.------ Protect Company's reputation and image by maintaining Borrower confidence, deliver a high level of customer service and by keeping mortgage loan informationconfidential.------ Attend bi-monthly and or weekly production meetings with staff and management.-------- Cold Calling on Leads (provided) by telephone and follow-up on same Leads by telephone.---- Cold Calling (Self-Sourcing Leads) by telephone and follow-up on same Leads by telephone.---- Taking applications by telephone or in person with the customer.------ Analyzing, reviewing and resolving application issues prior to submitting to Loan Processing.---- Gather all necessary and required documentation for loan approvals.------ Customer Follow-Up during loan processing through channels to be approved and after loan is approved and closed.------ Honesty and integrity in dealing with others and accountability in standing behind your work; initiative and self-motivation in serving the client, getting the job completed thoroughly and on time; good written and oral communication skills,including the ability to listen to others and understand their needs;confidence in yourself and enthusiasm regarding your service. Organizational skills in having the abilityto prioritize and manage numerous tasks at the same time. Miscellaneous duties as assigned.--------Position Requirements:------ High School Diploma or GED equivalent required.------ Must possess one or more of the following: Bachelor's degree from a four-year college or university or previous mortgage or financial institution experience or previous commission-oriented sales experience or call center experience.-------- Intermediate computer skills (MS Office, Mortgage Loan Applications/Software)-------- Excellent customer service skills; written and oral communication skills and ability to demonstrate control, flexibility and maintain quality and high productivitywhen dealing with customers and changing work demand.------ Must possess basic PC skills in Microsoft Windows, Word, PowerPoint and Excel or equivalent software. Encompass experience desired.---- Demonstrate effective and strong verbal and listening communication skills with the ability to effectively communicate with principals, executive management and clients.-------- Demonstrate the assertiveness, perseverance, energy and passion - results oriented behavior required to be successful in this role.---- Demonstrate effective problem solving, planning & time management skills.Bank of England Mortgage is an Equal Opportunity Employer.--It is the policy of the Company 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.

Keywords: Bank of England Mortgage, Reading , Mortgage Loan Officer, Other , Reading, Pennsylvania

Click here to apply!

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

I'm looking for
in category
within


Other Other Jobs


Licensed Life Insurance Agent - Work any time, from anywhere - Lancaster
Description: Licensed Life Insurance Agent Industry-best comp plan, total work freedom Join the revolutionary ASSURANCE platform, and earn from the industry s best comp plan, selling trusted life insurance plans (more...)
Company: Assurance
Location: Lancaster
Posted on: 10/17/2019

Insurance Agent *$4,000 signing bonus* - Lancaster
Description: This isn t just a job it s a valuable career opportunity. As an American National agent, you are the link between our clients and the protection provided by our insurance products. Using (more...)
Company: American National Trust Corporation
Location: Lancaster
Posted on: 10/17/2019

Delivery Representative - Lancaster
Description: Amazon Holiday Delivery DriverShifts:--Early Morning, Day, Evening, WeekendLocation:--ElizabethtownJob opportunities vary by location. We update postings daily with open positions.Salary:--16.25Get a (more...)
Company: Amazon
Location: Lancaster
Posted on: 10/17/2019


U.S. Xpress is excited to announce Straight Pay- A New Way to Team Pay!
Description: U.S. Xpress is excited to announce Straight Pay- A New Way to Team Pay TRUCK DRIVING JOBS: TEAMS EARN UP TO 150,000 A YEAR Don't Wait, Call Now 423-445-7462 We're changing the game on team pay and (more...)
Company: U.S. Xpress
Location: Lancaster
Posted on: 10/17/2019

*$4,000 signing bonus* Insurance Agent - Lancaster
Description: This isn t just a job it s a valuable career opportunity. As an American National agent, you are the link between our clients and the protection provided by our insurance products. Using (more...)
Company: American National Trust Corporation
Location: Lancaster
Posted on: 10/17/2019

Detailer
Description: 7233 - Lancaster - 1457 Manheim Pike, Lancaster, Pennsylvania, 17601 br br CarMax, the way your career should be When our vehicles shine, you will shine br CarMax customers expect to choose from (more...)
Company: CarMax
Location: Lancaster
Posted on: 10/17/2019

Part-time Coordinator of Campus Inclusion and Equality
Description: Coordinator of Campus Inclusion and EquityPART-TIME COORDINATOR OF CAMPUS INCLUSION AND EQUITY: The essential role of this position is to provide a supportive and inclusive campus for students from a (more...)
Company: THADDEUS STEVENS COLLEGE OF TECHNOLOGY
Location: Lancaster
Posted on: 10/17/2019

Insurance Sales - LIFE INSURANCE LICENSED REQ'D (Lancaster,PA)
Description: CURRENT LIFE INSURANCE LICENSE REQUIRED TO BE CONSIDERED Are you an individual with a strong desire to succeed in the business world and help families at the same time We have a wide range of mortgage (more...)
Company: The Alliance
Location: Lancaster
Posted on: 10/17/2019

PERSONAL BANKER
Description: This position is responsible for assisting the manager in all phases of office operation, monitoring new and current customer accounts, developing the cross selling of Bank products and services,
Company: Northwest Bank
Location: Lancaster
Posted on: 10/17/2019

CDL A Company Driver - $1,200/Week Min. - Lancaster
Description: NEW Base Pay, Up to 10,000 Sign-On Plus Bonus, Minimum Weekly Pay Guarantee and Much More REAL PAY RAISE for OTR DRIVERS And, we just increased the BASE pay for OTR drivers starting at .46- .50 CPM. (more...)
Company: Dart Transit
Location: Lancaster
Posted on: 10/17/2019

Log In or Create An Account

Get the latest Pennsylvania jobs by following @recnetPA on Twitter!

Reading RSS job feeds