To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Must have a current and active NMLS in good standing
Must have State Licensing
The Loan Officer is responsible for proactively soliciting new residential mortgage business and sells current Freedom Mortgage's products to meet established loan quality and production goals.
Establishes, develops and maintains client referral relationships with Realtors, builders, Developers, and sales calls on potential or existing customers in order to develop new business and/or retain existing business.
Keeps informed on trends, changes and developments in the local real estate market.
Keeps up with what competitors are doing by keeping up-to-date with changing rules, regulations and guidelines from FHMA, FHLMC, FHA, and VA in addition to other investors and agencies.
Keeps 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.
Negotiates price, terms and conditions with mortgagors.
Responsible for the overall 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 prequalifying potential home buyers; taking complete and accurate applications; obtaining all necessary support documents along with the appropriate fees and lock-in information; overseeing the loan status to all interested parties; and obtaining loan documentation after closing as directed by corporate or senior management.
Maintains a professional image and standards consistent with company policies and procedures.