Originate real estate and mortgage loans.
Duties and Responsibilities:
Ensure members are provided timely and accurate information on the credit union's real estate loan programs, handle member inquiries related to real estate or mortgage loans.
Answer all in-coming calls as necessary to real estate and mortgage lending issues. Provide backup in telephone queue.
Maintain current in depth knowledge of real estate lending policies and guidelines. Maintain current general knowledge of mortgage lending policies and guidelines.
Originate applications for in-house and other non-mortgage real estate loans.
Underwrite real estate loan applications.
Provide assistance to real estate processors as necessary.
Provide assistance to processors as necessary.
On approved files, give the real estate processor the loan file to contact the member with loan approval and conditions. Clear loan conditions timely to ensure a smooth closing.
On declined files, advise the borrower of the decline and issue refunds, returning documentation as necessary.
Promote Alaska USA real estate programs and cross-sell credit union services.
Perform other duties as assigned. Qualification Requirements:
Education - Bachelors degree in Business Administration with advanced industry courses in real estate lending.
Experience Required - Two years responsible real estate lending experience or one year at the loan officer level. Advanced industry courses in real estate lending
Skills - Good written and verbal communication skills with attention to detail. A thorough knowledge of all aspects of real estate lending including all applicable laws and regulations. Two years of increasingly more responsible real estate lending experience.
Tenure - Real Estate Loan Originator I, Category 12, requires twelve months in the Real Estate Loan Originator Trainee position with performance that meets or exceeds expectations. Real Estate Loan Originator II, category 11, requires twelve months in the Real Estate Loan Originator I position with performance that meets or exceeds expectations. Directly related work experience and/or accelerated training completion may be substituted for tenure.
Alaska USA is no half-baked financial institution. The member-owned credit union provides financial services to more than 435,000 members...