1,547 Loan Specialist jobs in the United States

EQUAL OPPORTUNITY EMPLOYER, INCLUDING DISABILITY/VETS

Implements corporate policies and procedures designed to produce profitable first mortgage loans in the retail market served, in order to meet the strategic and financial goals of the Bank.

Essential Functions Include:

• Establish loan production sales goals with the Mortgage Division Manager
• Actively sell, refer, deliver and promote mortgage loans
• Provide loan disclosure forms to applicants within regulatory guidelines
• Maintain a thorough knowledge of all mortgage loan programs offered and a working knowledge of competitive products and services
• Maintains a working knowledge of loan origination systems and procedures
• Serve as a liaison for ARM production for assigned Certified ARM Originators

• College Degree Preferred
• Minimum of 3 years mortgage lending experience
• Must be compliant with Loan Officer Qualification Requirements of the SAFE Mortgage Licensing Act and Regulation Z. Compliance includes a review of the candidate's financial responsibility, character, and general fitness prior to placement in the role and within 30 days of employment compliance with NMLS registration and corresponding background check requirements.

• Submits thorough loan applications with all applicable disclosures
• Communicates documentation requirements to borrows
• Generates sufficient loan volume to meet goals. Minimum annual goal of $10 million in originations is required

• Good sales techniques
• Strong attention to detail
• Good problem solving skills
• Excellent communication skills

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Join to apply for the Mortgage Loan Specialist role at Burke & Herbert Bank

Initiates the mortgage process for potential clients, preparing, analyzing, and verifying mortgage loan applications for the purchase or refinance of real estate. Identifies and attracts new clients by networking with real estate agents, financial advisors, and past clients to generate referrals.

Essential Functions

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Establish and maintain a network of business relationships, consisting of real estate professionals, builders, etc.
• Meet with potential borrowers regarding their mortgage needs.
• Present bank's mortgage products and services that meet borrowers financial goals.
• Complete the borrowers application and analyze the borrowers financial and credit data.
• Lock rate per company and regulatory guidelines.
• Prepare or request all applicable loan documentation from the appropriate party or department.
• Work with Centralized Processing Department to ensure attorney and appraisal work is ordered and all documentation is handled professionally and efficiently.
• Maintain communication with the borrower regarding the loan status.
• Maintain thorough knowledge of lending programs, policies, procedures, and regulatory requirements.
• Service all in-house and secondary market loans in your portfolio. (all requests including, escrows, payments, payoffs, etc.)
• Interact with clients and internal partners daily to answer questions, solve problems, and deliver the highest-level of customer service.
• Assist clients with monthly billing and collections cycle.
• Monitor the status of delinquent payments and follow-up with clients on an ongoing basis, while also working with Debt Management on Collections.
• Work directly with other departments to resolve any issues or concerns with any customer in your portfolio.
  
  

• Look for referral opportunities within the company (insurance, deposits, etc.).
• Other duties as assigned.
  
  

• Requires strong networking and interpersonal skills.
• Financial/quantitative skills.
• Attention to detail.
• Strong computer skills including Excel.
  
  

• Must be registered with NMLS Federal Registry.
• Minimum of two years residential mortgage lending experience.
• A four-year college degree is preferred.
  
  

• Seniority level Entry level

• Employment type Full-time

• Job function Finance and Sales
• Industries Banking

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Initiates the mortgage process for potential clients, preparing, analyzing, and verifying mortgage loan applications for the purchase or refinance of real estate. Identifies and attracts new clients by networking with real estate agents, financial advisors, and past clients to generate referrals.

Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Establish and maintain a network of business relationships, consisting of real estate professionals, builders, etc.
• Meet with potential borrowers regarding their mortgage needs.
• Present bank's mortgage products and services that meet borrower's financial goals.
• Complete the borrower's application and analyze the borrowers financial and credit data.
• Lock rate per company and regulatory guidelines.
• Prepare or request all applicable loan documentation from the appropriate party or department.
• Work with Centralized Processing Department to ensure attorney and appraisal work is ordered and all documentation is handled professionally and efficiently.
• Maintain communication with the borrower regarding the loan status.
• Maintain thorough knowledge of lending programs, policies, procedures, and regulatory requirements.
• Service all in-house and secondary market loans in your portfolio. (all requests including, escrows, payments, payoffs, etc.)
• Interact with clients and internal partners daily to answer questions, solve problems, and deliver the highest-level of customer service.
• Assist clients with monthly billing and collections cycle.
• Monitor the status of delinquent payments and follow-up with clients on an ongoing basis, while also working with Debt Management on Collections.
• Work directly with other departments to resolve any issues or concerns with any customer in your portfolio.

• Look for referral opportunities within the company (insurance, deposits, etc.).
• Other duties as assigned.

• Requires strong networking and interpersonal skills.
• Financial/quantitative skills.
• Attention to detail.
• Strong computer skills including Excel.

• Must be registered with NMLS Federal Registry.
• Minimum of two years residential mortgage lending experience.
• A four-year college degree is preferred.

We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.

General Function:

Performs a wide range of duties relating to the origination of residential 1st mortgage loans for outside referrals. Meets standards and objectives defined by management for mortgage loan sales and cross-selling objectives. Assumes overall responsibility for the residential mortgage loan from application to closing.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

Essential Duties And Responsibilities:

• Develop referral contacts (realtors, builders, professional and personal contacts).
• Maintain knowledge of Fifth Third Mortgage Company's policies and procedures.
• Maintain knowledge of available loan products, processing procedures, and underwriting and general departmental guidelines.
• Follow defined protocol for escalation exceptions.
• Take applicant applications by completing information in loan origination system.
• Utilize the laptop for communication and access of daily rates, applicant credit reports, and updating information in loan origination system.
• Collect appropriate documentation from each applicant and deliver loan package in the time frames set by management.
• Manage pipeline for all originated loans through closing and complete required management reports.
• Communicate with branches and/or applicants of providing timely updates and progress reports.
• Maintain high levels of customer service while managing each applicant's and support staff's expectations.
• Attend and participate in all Consumer Lending meetings as required by management.

Minimum Knowledge And Skills Required:

• High school diploma or equivalent mandatory. Four-year college degree preferred.
• Knowledge of conventional and/or government lending guidelines.
• Knowledge of residential mortgage processing, underwriting, and closing procedures.
• Knowledge of federal lending regulations governing real estate lending.
• Must have 2 years of mortgage sales experience.
• Must have an established book of local referral sources.
• Must have existing mortgage sales of $1 million per month.
• Demonstrated organizational skills.
• Strong written and verbal communications skills.
• Demonstrated teamwork and customer service skills.
• Proven computer skills.
• Basic sales technique skills.
• Strong desire to excel in a competitive environment.
• This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS). The NMLS web site provides the MU4R questions and registration required for employment in this position.

Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

• Develop referral contacts (realtors, builders, professional and personal contacts).
• Maintain knowledge of Fifth Third Mortgage Company's policies and procedures.
• Maintain knowledge of available loan products, processing procedures, and underwriting and general departmental guidelines.
• Follow defined protocol for escalation exceptions.
• Take applicant applications by completing information in loan origination system.
• Utilize the laptop for communication and access of daily rates, applicant credit reports, and updating information in loan origination system.
• Collect appropriate documentation from each applicant and deliver loan package in the time frames set by management.
• Manage pipeline for all originated loans through closing and complete required management reports.
• Communicate with branches and/or applicants of providing timely updates and progress reports.
• Maintain high levels of customer service while managing each applicant's and support staff's expectations.
• Attend and participate in all Consumer Lending meetings as required by management.

• High school diploma or equivalent mandatory. Four-year college degree preferred.
• Knowledge of conventional and/or government lending guidelines.
• Knowledge of residential mortgage processing, underwriting, and closing procedures.
• Knowledge of federal lending regulations governing real estate lending.
• Must have 2 years of mortgage sales experience.
• Must have an established book of local referral sources.
• Must have existing mortgage sales of $1 million per month.
• Demonstrated organizational skills.
• Strong written and verbal communications skills.
• Demonstrated teamwork and customer service skills.
• Proven computer skills.
• Basic sales technique skills.
• Strong desire to excel in a competitive environment.
• This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS). The NMLS web site (mortgage.nationwidelicensingsystem.org) provides the MU4R questions and registration required for employment in this position.

• Actively pursues opportunities to generate new mortgage business through strategic outreach and resource use.
• Adheres to all Mortgage Compliance and Financial Institution regulatory procedures and policies.
• Possess knowledge of the entire mortgage process, including familiarity with credit reports, appraisals, titles and title insurance documentation.
• Interviews, takes applications and processes preliminary documentation on loan requests accurately and thoroughly.
• Discusses loan alternatives, credit criteria, and interest rates with members.
• Conveys underwriting findings and recommendations to members.
• Advising members on loan approval or denial, providing precise and clear explanations for loan denials, counseling declined members on the necessary steps to potentially qualify for a mortgage in the future, and offering guidance on money management and financial matters.
• Complete weekly follow-up with all loan applications in process.
• Join community networking group.
• Professionally cross-sells Vibe Credit Union products and services.

• High School graduate or equivalent
• Three (3) years of related experience
• NMLS designation

• Working knowledge of FHA Guidelines
• Exceptional interpersonal and communication skills, with the ability to convey complex information clearly, build trust, and adapt communication style to a variety of audiences.
• Strong organizational abilities, demonstrated through consistent attention to detail, document management, and the ability to keep multiple processes aligned and on track.
• Advanced prioritization and time management skills, with the capacity to manage competing deadlines, maintain focus under pressure, and deliver timely results without compromising quality.