Mortgage Loan Officer

Firstrust - Philadelphia, PA

Full-timeEstimated: $55,000 - $75,000 a year

We are currently looking to hire experienced loan originators who recognize the value of a 80 year old, 2.8 billion dollar financial institution as strong enough to support your production, while small enough to enhance your personal approach for referrals.

For your proven sales ability, we offer:
Highly competitive compensation arrangements plus a small base salary.
Health Benefits, Dental Coverage, Vision Coverage and Flexible Spending Account
Full product menu including portfolio products, Construction to Perm loans, FHA/VA, non - warrantable condo, LLC and more
Local processing, underwriting and closing

Firstrust Bank is an Affirmative Action Contractor and is an Equal Opportunity Employer.

Minority/Female/Disabled/Veteran/all other
Protected Statuses

Originates quality mortgage loans in accordance with the required goals as established by Firstrust Bank.
Accurately completes all required application documents in accordance with the guidelines of Firstrust Bank and/or its investors.
Requests necessary documentation from borrowers to insure loans conform to the guidelines and program requirements.
Submits complete mortgage applications to the lending department for processing in a timely fashion.
Ensures all loans are processed and closed in a timely, accurate, and quality manner in order to establish and maintain total customer satisfaction.
Actively solicits mortgage loan business from external loan sources such realtors, builders, financial advisors, accountants, etc.
Actively solicits mortgage loan business from internal loan sources such as Relationship Managers and Business Development Officers.
Exhibits and shows support of both the Mission and Core Values of Firstrust Bank.
Ensures daily compliance with all federal (Sarbanes-Oxley Act, Section 404) and state regulations.
Perform other duties as assigned by the President of Mortgage Lending and the Vice President of Mortgage Lending.
Essential Functions
Views and prepares loan applications via a computer terminal.
Ability to use standard office equipment such as fax and copier.
Travel to customer sites as necessary.
Ability to communicate effectively to solicit new business. Ability to converse with internal and external clients to exchange information.
Lift files/documents up to 10 pounds.

Knowledge - Skills & Abilities
Two plus years of retail, residential mortgage sales experience
Documented residential mortgage loan origination volume in the past 12 months of $10 million
A complete understanding of residential lending from origination through closing/delivery
Previous experience on a mortgage loan origination system
Established relationships with local referral networks
Excellent verbal and written communication with the ability to effectively explain programs, loan terms and features, policies and benefits to customers
In-depth understanding and knowledge of the mortgage lending process and applicable regulatory requirements
Excellent interpersonal and negotiation skills
Strong analytical and organizational skills
College degree preferred
Demonstrated PC/computer skills with a solid understanding of MS office (Word, Excel and Outlook)

Firstrust Bank is an Affirmative Action Contractor and is an Equal Opportunity Employer.