Mortgage Loan Officer - TN
Ally Financial - Tennessee

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About GMAC Mortgage

GMAC Mortgage is the home lending division of Ally Financial – a company with a new approach and a rich history. Ally Financial (formerly GMAC Financial Services) dates back to 1919 and is built on the strong foundation of straightforward business practices and doing right by our customers.

At GMAC Mortgage, we are strategically rebuilding and investing long term in a new Retail network. In addition to the Direct to Consumer, Correspondent and Wholesale sales divisions, we offer a top rated Servicing group and top of the line Operations and Business Support teams. These groups focus mainly on the residential real estate market in the U.S. with select operations internationally. Services include the origination, purchase, servicing, sale and securitization of residential mortgage loans.

PURPOSE:
The role of the GMAC Retail Loan Officer is to represent GMAC Mortgage and to originate residential real estate mortgage loans. The Loan Officer will develop and maintain existing client relationships as well as identify and pursue potential new customer opportunities. This role reports directly to the Area Sales Manager.

ESSENTIAL ACCOUNTABILITIES:
  • Promote loans through public contact and GMAC affiliates
  • Develop relationships with new and current Realtors, builders and borrowers to promote continuous business
  • Interview and pre-qualify prospective borrowers
  • Comply with all disclosure requirements and timeframe
  • Advise borrowers of lock-in policy and ensure lock requests are completed accurately
  • Inform borrowers and related parties of loan product options and parameters, and other requirements needed to close the loan
  • Meet and maintain all licensing requirements including continuing education
  • Review new loan guidelines, programs, updates and changes
POSITION REQUIREMENTS:
Education:
  • High school diploma or equivalent, college degree preferred
Work Experience:
THE LOAN OFFICER MUST BE SAFE ACT COMPLIANT AND A LICENSED LOAN ORIGINATOR IN THE STATE IN WHICH LOANS ARE BEING ORIGINATED

Minimum:
  • Must have a minimum of 3+ years of consistent Retail Mortgage Loan Origination / mortgage banking experience
  • Relocation is not authorized for this position. Must be located within the County of the Market in which this job is being offered
  • Experience must include the following Retail Loan Origination / Sales experience:
  • Must have a current book of business / self sourced business leads
  • Must have proven Retail mortgage production exceeding 12 million annually and a current pipeline
  • Must have proven loan origination documented from the last 2 years consecutively
  • Ability to build quality customer and client relationships
  • Effective verbal and written communication skills
  • Excellent math, analytical and time management skills
  • Strong interpersonal skills and a professional demeanor
Technical Competencies:
  • Knowledge of PC Environments to include Microsoft Word, Excel, PowerPoint, Outlook
  • Basic ability to analyze personal and business financial statements and related documentation
Personal Competencies:
  • Persuasiveness
  • Interpersonal / Relationship management
  • Self-motivated
  • Resourceful-able to translate initiatives into action
  • Models high performing levels of performance, motivation and personal integrity aligned with GMAC corporate values
Work Environment:
  • 40-60% of daily local travel could be required based on region
  • A home work environment may be needed
Job

Mortgage - Retail Lending

Primary Location

United States-Tennessee-Work from Home

Organization

RFG Consumer Lending - 5001002010

Schedule

Full-time

Supervisory

No

Number of Direct Reports

0

Job Posting

Jun 7, 2012, 10:45:25 AM

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