Mortgage Loan Originator Job at NeighborWorks Waco, Waco, TX

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  • NeighborWorks Waco
  • Waco, TX

Job Description

Job Description

Job Description

Join Our Team as a Loan Originator!

Are you a skilled Loan Officer looking for an exciting opportunity to advance your career in mortgage loan packaging and real estate financing? We are seeking a dedicated Loan Originator to join our team and work closely with our Vice President & Chief Operating Officer. This is your chance to make a significant impact by assisting clients with their lending needs and guiding them through the mortgage process.

 

Key Responsibilities:

  • Client Interaction: Meet with and interview potential and current clients to understand their lending needs, including first-time mortgages and refinancing existing loans.
  • Mortgage Education: Explain the differences between various types of mortgages and their approval requirements. Prepare and present customized lending packages based on client specifications.
  • Application Assistance: Help clients complete mortgage applications, ensuring accuracy and thoroughness.
  • Loan Review: Review loan applications, gather credit histories and reports, and assess applicants’ capacity to repay and default risk.
  • Market Knowledge: Stay updated on local real estate market trends, current and predicted lending rates, and changes in rules and regulations.
  • Networking: Develop and maintain contacts with local realtors, developers, financial institutions, and builders to promote and encourage the use of our residential mortgage services.
  • Additional Duties: Perform other duties as assigned.

 

Qualifications:

  • This position requires a Residential Mortgage Loan Originator (MLO) License
  • This position requires a valid Texas Driver’s License
  • Need at least two years of experience in mortgage loan packaging or real estate financing
  • Knowledge of state and federal loan regulations
  • Ability to interpret complex housing rules
  • Strong organizational skills
  • Professional communication skills
  • Ability to work well with colleagues and the public
  • Effective oral communication skills
  • Ability to comprehend written materials
  • Willingness to learn through oral instruction and observation

Job Tags

Local area,

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