Community Development Mortgage Loan Officer (162239)

Bancorpsouth Birmingham , AL 35202

Posted 3 weeks ago

There are many things to consider when deciding on your next employer. Do you want a job where you earn a paycheck? Or do you want a CAREER with a company that values their employees as well as the communities that they are in? At BancorpSouth we are more than just a work place. We are a company that prides itself on values and the people that we employ. Start your search for a career with BancorpSouth!

Position: MLO/Community Development Lender

Physical Location: 2201 Highland Ave S, Birmingham, AL 35205

Reports To: Regional Mortgage Loan Manager

Working Conditions: Normal, no adverse or hazardous conditions

Job Grade: NE21

Job Group Category: Non-Exempt

Work Hours: 8:00 to 5:00

Primary Purpose:

Under general supervision, the mortgage loan officer is responsible for originating new mortgage loan business for the bank by working with Realtors, Builders, past clients, and other referral partners.

This Mortgage Lender will be responsible for participating in the Birmingham area's Community Reinvestment Act lending activities by making joint calls with the Bank CRA Coordinator and be responsible for community outreach in our Low to Moderate Income areas.

Principal Duties and Responsibilities:

  • Solicit business from potential and existing customers (outside and inside business location).

  • Interviews loan applicants and processes loan applications for both purchase and refinance transactions.

  • Counsel borrowers about various loan programs and help them to select the program that best fits their financial goals and needs.

  • Assist the loan processor in gathering the necessary documents from the customer to prepare for underwriting.

  • Works closely with the processor and underwriter to address any underwriting issues and get closed.

  • Manages a large pipeline of loans including meeting closing deadlines, submitting loans to compliance, and making sure their pipeline meets the bank's requirements.

  • Provides and maintains a professional, business-like atmosphere within the organization.

  • Represents the financial institution in public relations activities and community affairs.

Job Specifications:

  • Thorough understanding of all loan programs and closing costs.

  • Have a good understanding of FHA, VA and conventional underwriting guidelines for all loan investors.

  • Must be able to meet strict time deadlines and work independently under pressure.

  • Must be detailed oriented and able to follow set guidelines.

  • Possess ability to sell oneself to potential customers and referral partners.

  • Excellent written and verbal communication skills.

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Mortgage Loan Servicing Representative I Or II

Synovus Financial Corp.

Posted 5 days ago

VIEW JOBS 6/13/2021 12:00:00 AM 2021-09-11T00:00 Job Summary: Under general supervision, performs a variety of duties to ensure proper set up and servicing of mortgage loans. Responsibilities include administration of escrow accounts, adjustable rate loans, payment posting, payoff processing and accounting. Provides courteous and professional customer service to callers, answers questions, and researches and resolves problems. Job Duties and Responsibilities: * Reviews data and sets up loans moved to servicing via interface with Empower. Determines proper escrow payees for state, county and insurance carrier and sets up escrow lines accordingly. Runs escrow analysis to confirm financial data and verifies correct payment amounts, dates, and addresses. Enters data necessary to register loans in MERS (Mortgage Electronic Registration System). * Ensures new adjustable rate mortgage (ARM) loans are entered in the system with the correct rates, indexes, change dates, ceilings and floors. Reviews monthly change reports to ensure adjustments are accurate and notices are sent to borrower according to the terms of the note. Reviews weekly and monthly reports to confirm loans are analyzed in accordance with loan terms. * Ensures accurate administration of escrow accounts. Keys data and advances funds for payment of insurance and taxes. Reviews escrow analysis to ensure payment adjustments are within tolerance. Ensures accounts with expired or cancelled insurance are reviewed and, if required, coordinates with force place coverage vendor. Tracks non-escrow accounts for proper insurance coverage. Resolves customer issues related to escrow. * Receives mail and CheckFree payments and posts to accounts or returns as appropriate. Reviews rejected payments and payments in suspense to determine reason and corrections required to post. Identifies servicer for payments received on released loans and forwards accordingly. * Responds to internal and external calls and provides courteous and professional service to callers. Answers a variety of questions especially regarding escrow, payment posting, ARMs and payoff information. Strives to resolve most customer questions and issues during the call. * Prepares written payoff quotes as requested. Prepares release documentation, sends for recording per each state's statute., and mails paid documentation to borrower. * Each team member is expected to be aware of risk within their functional area. This includes observing all policies, procedures, laws, regulations and risk limits specific to their role. Additionally, they should raise and report known or suspected violations to the appropriate Company authority in a timely fashion. * Performs other related duties as required. The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Synovus is an Equal Opportunity Employer supporting diversity in the workplace. Minimum Education: High school diploma or equivalent. Minimum Experience: One (1) year of job related experience Required Knowledge, Skills, & Abilities: * Working knowledge in one or more area of mortgage loan servicing * Good communication skills, especially verbal * Strong attention to detail and organization * Proficiency with Microsoft Office applications and ability to utilize mortgage-related software Synovus Financial Corp. Birmingham AL

Community Development Mortgage Loan Officer (162239)

Bancorpsouth