Mortgage Loan Officer - Market

Position Description

Mortgage Loan Officer - Market (LOM)

Identifying Information:

Department: Mortgage Loan

Reports To: Gary Kohls, Vice President, Mortgage Sales Manager

Location: Columbus, Ohio Market - Hotel office in Retail Banking Centers; may work remotely on occasion

Status: Full-Time Salaried Non-Exempt

Hours: 40-hour work week; schedule as determined by Mortgage Loan Officer and production target

Compensation: Base salary and incentive compensation plan

Position Purpose:

LCNB National Bank is seeking a Mortgage Loan Officer within our Columbus Market. This position is responsible for originating real estate mortgage loans in accordance with LCNB National Bank product guidelines, and processing loans in accordance with LCNB National Bank processes up to delivery to an inside processor. The Mortgage Loan Officer's primary responsibility is to grow mortgage production outside of the branches by developing business relationships with realtors, builders and other professionals and sourcing mortgage leads from these business relationships, including any existing "book" of business the Mortgage Loan Officer may have acquired over his/her career. The Columbus Market Mortgage Loan Officer should continue to build this network of referrals as a continuing source of new business. As they are not assigned a Retail Banking Center, there is no defined territory. The Mortgage Loan Officer is expected to collect and review all needed supporting loan documentation and maintain a minimum standard of production and quality. The Columbus Market Mortgage Loan Officer is expected to comply with all consumer and real estate lending laws and requirements.

Essential Functions and Responsibilities:

Solicit residential mortgages from various sources

Develop and build relationships with realtors, builders, financial professionals, bank stores, past customers and other non-traditional sources

Produce high quality loans which are compliant and provide excellent customer service

Develop and maintain a high degree of visibility for mortgage originations, sales and business development

Understand and market LCNB National Bank mortgage loan products, stay informed of mortgage industry trends and developments in the assigned market

Understand real estate appraisals, title reports and real estate transactions

Review and analyze financial and credit data

Meet with applicants to answer questions and obtain information for mortgage loan applications

Collect and upload loan documentation and financial information into the loan operating system

Effectively learn and operate LCNB's loan origination system

Effectively communicate with processing and underwriting support staff

Maintain a high level of customer satisfaction and effectively resolve issues

Maintain open and effective communication channels with customers, realtors and other referral sources

Attend loan closings, sales and officer meetings

Required Qualification:

2+ years of experience originating FHA, VA, USDA and conventional loans

High School diploma or GED equivalent

Desired Qualifications:

Existing pipeline and book of business of local referral sources

Existing mortgage sales of 600,000 per month

Experience in federal and state mortgage lending statutes, compliance, and regulatory requirements

Knowledge & understanding of mortgage underwriting criteria and residential lending concepts and principles

Experience in personal financial analysis and tax return analysis

Ability to think, reason and communicate clearly

The ability to observe and identify details at close range

NMLS (Obtained or transferred within 30 days of hire)

Strong computer skills and working knowledge of Microsoft Office Suite

Knowledge & understanding of credit, underwriting, credit policy and financial statement analysis

Knowledge of Desktop Originator (DO) and Loan Prospector (LP)

Ability to thrive in a high volume, fast-paced environment

Strong organizational and time management skills with accuracy and attention to detail

Ability to build and maintain positive and effective relationships with others, both internally and externally

Strong written and verbal communication skills with the ability to effectively communicate with associates across the bank, as well as third-party agencies

Strong integrity, work ethic, and ability to achieve desired production results

Working Conditions:

Ability to work outside of the office 50%+ of the time

Ability to travel to and from bank offices and third-party locations

Occasionally move/traverse to access files and equipment

Constantly operate a computer and other office equipment

Compliance Statement:

The associate is responsible for meeting all compliance requirements imposed on LCNB bank by State and Federal law and regulations, as well as all related LCNB Bank policies and procedures. Individuals in Loan Officer positions must meet the Consumer Financial Protection Bureau qualification requirements. Incumbent must be able to perform the essential functions of the position with or without reasonable accommodation. Equal Opportunity Employer/Disability/Veterans.