Loan Officer

Job Description

Description:

Inform prospective loan clients of the banks underwriting guidelines and applicable government regulations, screen loan request, complete loan application and all preprocessing, etc.

Duties/Responsibilities:

Solicits first mortgage loans, consumer loans and commercial loans. Informs prospective loan clients of the financial institution's underwriting guidelines and applicable government regulations.

Personally interviews all loan applicants.

Completes each loan application and all pre-processing functions in a timely manner to permit the good faith estimate to be mailed within the requested three-business day period.

Screens loan requests based on financial institution policies and on types of loans offered by the institution.

Request appraisal orders, orders credit reports, background checks, reference checks and other information as needed on residential loan applicants.

Researches new legislation and regulations that may affect the financial institution's residential lending policies. Ensures compliance with new rules by advising senior management and implementing appropriate changes.

Actively promotes the bank's deposit and loan products with a goal to obtain the complete banking relationship

Personally answers incoming phone calls and schedules appointments.

Communicates complex approvals or denials to the borrower, real estate agent or builder. Maintains and submits a source-of-business log monthly to supervisor.

Distributes market data, rate flyers and general loan information to the real estate community as directed by financial institution management.

Promotes and participates in the financial institution's special credit programs and other CRA programs.

Actively participates in local business and community activities and maintains close contact with local builders, real estate brokers and agents, customers and prospects.

Goals & Objectives:

Participate in FFNB sponsored events.

Complete all assigned training courses on time.

Requirements:

Required Skills/Abilities:

Effectively communicate with customers and co-workers while ensuring confidentiality of information.

Ability to work with others and demonstrate self-reliance and resourcefulness.

Maintain knowledge of trends, best practices, regulatory changes, and new technologies in banking.

Good sales, organizational, managerial and interpersonal skills.

Good oral and written communication skills

Physical Requirements:

Prolonged periods sitting at a desk and working on a computer.

Must be able to lift up to 15 pounds at times.

Must be able to travel at times.

Equal Opportunity Employer including disability/vets

Member FDIC

Full-time