Mortgage Loan Officer
Essential Functions:
- Provides service to applicants and prospective customers seeking a home loan, including interviewing, pre-qualification, and pre-approval
- Completes application and gathers supporting documentation
- Reviews and completes regulatory disclosures with customer
- Quotes and locks in mortgage loans with our investor contacts
- Maintains existing and generates new sources of referral business
- Sets up loans in our Loan Origination Software (LOS)
- Utilizes automated underwriting systems (AUS) to obtain credit recommendations
- Communicates with customers regarding the status of the loan and relays information to all interested parties.
- Communicates with all parties in a professional and courteous manner Manages his/her pipeline of loans to verify accuracy of the current loan status
- Understands and abides by Dragas Mortgage Policies and Procedures
- Engage in local area events and community activities/organizations to develop new business and grow awareness of employer in the mortgage loan market
- Stays abreast of current changes in the mortgage loan industry
- Abide by all applicable federal laws, rules and regulations relating to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA)
Minimum Required:
- High School Diploma or equivalent
- Must have a valid NMLS Registry # National and Virginia State License is required or able to obtain within 90 days of hire date
- Minimum of 3 years’ experience originating VA, FHA, Conventional and VHDA loans
- Proven track record of originating and closing first mortgage loans
- Currently possess sources of referral business for purchase transactions & refinance transactions
- Awareness of FNMA/FHLMC, FHA, VA and VHDA underwriting guidelines
- Maintain confidentiality Excellent oral and written communication skills
Dragas Mortgage Company is an Equal Opportunities, Protected Veterans, and Individuals with Disabilities employer.