Home Lending Retail Loan Officer : Redding - Umpqua Bank (redding, CA) in Redding, California For Sale
Home Lending Retail Loan Officer : Redding
Job Type: Full:Time
Location: Redding, CA
Last Updated: 04/05/xxxx
Job Description:
MAJOR RESPONSIBILITIES
. Originates residential mortgage loans through solicitation and developing relationships with real estate professionals, builders, and other business referral sources to maintain a quality network of business relationships that serve as recurring sources of referrals for new mortgage lending opportunities and growth for the bank.
. Participates in business related development opportunities, community and bank events in an effort to promote homeownership.
. Develops and executes marketing plan based on monthly and quarterly production standards. Works with manager to constantly improve performance and exceed minimum monthly standards as set forth in the compensation schedule.
. Conducts interviews with prospective borrowers to analyze financial and credit data, determines customer financing objectives, advises customer on product/pricing policies and guidelines, and gathers all additional required information in order to complete an error free disclosure to the customer. Analyzes the various mortgage products available to the customer based on the information provided. Employs independent judgment and discretion to recommend a particular mortgage product or products that are suitable for the customers financial situation and consistent with the customers overall financial goals.
. Ensures exceptional customer service by maintaining thorough knowledge of lending programs, policies, procedures and regulatory requirements, demonstrating a commitment to professional ethics and complying with all Federal and State compliance policies.
. Obtains all required documentation as required (i.e. appraisals, title reports, financial information, pulling credit), by taking complete applications, analyzing information and is accurate with supporting documentation to allow a seamless disclosure, process and approval on the loan file.
. Maintains overall responsibility for the loan file and documentation through processing underwriting, closing, funding and post closing by following the transaction through to its conclusion.
. Conveys to customers and other associates the advantages of the company and various financial products the company offers through other areas of the bank.
. Complete annual training requirements including all BVS courses before due dates and participate in any system or system related training throughout the year.
. Comply with all the requirements of the SAFE Act regulations including registration and renewal rules defined by the bank.
Consistently remains in compliance with all federal and bank regulations for assigned job function and apply those standards to job responsibilities : knowledge will be gained through individual and bank associated coursework and on:the:job training. Associate is required to stay up to date on regulation changes. Associate must stay current on Bank policies and procedures, compliance regulations, and completes all required annual required or job:specific training. Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words. Takes personal initiative and is a positive example for others to emulate. Embraces our vision to become The Worlds Greatest Bank.
Registered Mortgage Loan Originator (MLO)
This position requires you to act as a MLO, which is defined as an individual who takes loan applications, and/or offers or negotiates the terms of a loan for compensation or gain. All MLOs will be required to register as a MLO complying with the S.A.F.E. Act requirements.
Requirements:
: Mortgage originating and structuring experience.
: Demonstrated knowledge of the home lending industry, including processing, underwriting, closing and funding loan.
: Excellent analytical and problem solving skills.
: Experience collecting and analyzing borrower income and negotiating skills.
: Demonstrated abi
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