CorTrust Bank
Location: St. Paul, MN
Job Title: Mortgage Loan Officer
Overview: As a Mortgage Loan Originator, incumbents will solidify CorTrust Mortgage as an industry leader by developing relationships and advocating in the community. They will solicit and pre-qualify loan applications, prepare credit application packages, and present requests to underwriting for approval. They will review loan documents and prepare them for closing.
Responsibilities: • Advocates in the community to deepen relationships and markets the institution’s loan products.
• Screens borrower requests from potential applicants, reviews applications for pre-qualification, and issues prequalification letters to customers.
• Reviews loan applications and effectively communicates with potential borrowers to explain lending parameters and identify which loan programs and terms best fit each customer and situation.
• Works with borrowers to secure necessary information for loan underwriting and conducts site visits as needed.
• Prepares and reviews loan application packages according to underwriting policies and presents financial analysis to underwriting for approval.
• Reviews loan documents, title, appraisal, and survey prior to closing to ensure accuracy.
• Collaborates with borrowers, title company, and realtor to confirm conditions of funding are met prior to closing and coordinate timing of loan funding.
• Identifies additional unfilled banking or insurance needs and refers borrowers to Bank partners.
• Other duties, responsibilities, and activities may be assigned or changed at any time.
Requirements: • Minimum two years’ experience in a mortgage lending or financial services environment.
• Mortgage banking background preferred with a proven track record of success.
• Adapts easily to system, process, product, and service changes.
• Advocates for CorTrust in the community, customer experience, and co-worker relationships.
• Ability to reason, problem solve, and think critically.
• Strong analytic, time management, and organizational skills and high level of attention to details.
• Effective written and verbal communication skills with the ability to make presentations and educate borrowers on loan products and processes.
• Demonstrates high level of integrity, personal diplomacy, and respect.
• Knowledge of federal and state laws and regulations pertaining to the mortgage banking industry.
• Works cooperatively and constructively with a wide variety of people, cross-functional teams, community- based organizations, title companies and referral partners.
Deadline: 10/01/2024
How to Apply: www.cortrustbank.com/careers |