Embrace Home Loans, Inc. is seeking a qualified Loan Officer to foster mortgage origination sales in our local branch office located in Wilmington , Delaware . The licensed Loan Officer will generate volume from the sale of real estate secured financing and develop volume from alternative sources.
- Establish, develop and maintain client referral relationships with Realtors, builders, Developers, CPA’s, financial planners and make sales calls on potential or existing customers in order to develop new business and/or retain existing business.
- Keep informed of trends, changes and developments in the local real estate market.
- Be aware of what competitors are doing.
- To keep up-to-date with changing rules, regulations and guidelines from FNMA, FHLMC, FHA and VA in addition to other investors and agencies.
- To keep informed of all origination, processing, appraisal, underwriting and closing requirements for both company and investor guidelines pertaining to both governments insured and privately insured mortgages.
- Negotiate price, terms, and conditions with mortgages.
- Coordinate customer interaction and interface with all parties involved on each individual loan that is originated from application to closing including, but not limited to: Counseling and Pre-qualifying potential home buyers; taking complete and accurate application; obtaining all necessary support documents along with the appropriate fees and lock-in information; overseeing the loan process by monitoring loan status and ensuring conformity with term; assisting in collecting additional documents and promptly communication loan status to all interested parties; and obtaining loan documentation after closing as directed by corporate or senior management.
- Maintain a professional image and standards consistent with company policies and procedures.
- Follow through on all professional conditions and education requirements for licensure.
- Adhere to organizational procedures for loan processing.
- Participate in branch/headquarter meetings that require attendance.
- All other duties that may be assigned by the Branch Manager.