Mortgage Loan Officer, Cincinnati, OH

SRA Rhonemus Group - Cincinnati, OH (30+ days ago)

SRA Rhonemus Group is actively engaged with a $5 Billion dollar direct lender with a close-knit office with a laid back, low pressure environment in Cincinnatiwho is looking to expand their mortgage presence in the surrounding area. We are looking for Self-Generating Mortgage Loan Officers to match up with our impressive client. The position pays aggressively well above 100bps.

All of our work is engaged/retained. Why is that important? Our clients are serious about recruiting the best talent in the market, and they invest in our search process to uncover high quality mortgage lenders. Apply today.

Take a few minutes to look over what you can expect.

  • A mortgage banking environment where we underwrite our own loans in-house and fund our loans using our own warehouse lines
  • We sell directly to FNMA GNMA, we service our conventional and 203(k) loans as well as sell loans to a variety of investors.
  • FHA Direct Endorsement (Full Eagle), VA Automatic Lender, USDA Approved Lender
  • A platform of conforming, non-conforming, FHA, VA, Rural Development and Reverse Mortgages, including both Standard and Streamline 203(k) loans
  • 25+ years of FHA experience, we know the nuances of government lending
  • Fast turn times in underwriting and closing, 48 hours is our standard
  • Stability and consistency in an unstable market
  • Top notch Compliance and Licensing experts on staff,
  • Competitive pricing and a full service Secondary Marketing department at your disposal
  • Aggressive and flexible compensation plans
  • Focused and controlled growth, we never compromise quality or quick underwriting or closing turn times for the sake of expansion
  • Marketing support, professionally co-branded materials
  • A social media platform to help you cast a wider net of referral sources and customers
  • Excellent employee benefits including medical, dental short term disability, 401(k) with a match
  • Professional support from the Accounting and Human Resource Departments,
  • Information technology support and a nationally recognized software (Mortgage Builder) for processing and loan submission
  • Currently licensed in Michigan, Ohio, Indiana, Wisconsin, Minnesota, Kentucky, North Carolina, Florida and Tennessee
An entire staff of professionals who understand that the business is about getting loans closed

Executive Summary of Position:
Our Client. is involved in all aspects of retail mortgage lending and works to provide borrowers, local realtors, and others in the mortgage and real estate industry with a comprehensive selection of loan products and uncompromised service at competitive rates.

The purpose of the Mortgage Loan Officer position is to proactively identify, develop, and maintain a quality network of business partnerships, including but not limited to, real estate professionals, builders, and financial professionals, as well as develop relationships within their community that serve as a referral source for new mortgage applications.

Essential Duties:
  • Take thorough and complete loan applications; analyze and prequalify applicant to determine viability of the client's desired loan program.
  • Pull and analyze client's credit. Correct any inaccuracies and determine the correct loan options for the borrower based upon the applicant's present situation, future goals, and desired loan product
  • Pull and analyze client's credit. Correct any inaccuracies and determine the correct loan options for the borrower based upon the applicant's present situation, future goals, and desired loan product
  • Gather all initial documentation required based upon the applicant's selected loan program and ensure the 1003 including all disclosure requirements are all signed by borrower.
  • Update job knowledge, including but not limited to all agencies, FNMA,FHLMC, HUD, VA, and regulations, by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
  • Work closely with Loan Processor, and Loan Officer Assistant as applicable, to ensure all needed documentation is obtained as the loan moves through the loan process.
  • Adheres to all applicable state and federal laws and/or regulations including, but not limited to, the Real Estate Settlement Procedures Act, Truth-in-Lending Act, Fair Housing Act, Dodd Frank, and any related state mortgage banking laws, as well as, the rules and ethics of the mortgage banking industry and HUD.
  • Adheres to AFI's Marketing and Advertisement policies and procedures.
  • Provides on-going communication to clients and business partners throughout the loan process
  • Develops and maintains successful relationships with business referral sources, existing and prospective.
  • Maintains an active pipeline of a minimum of 10 loans after initial 90 days of employment.
  • Represents the organization in a professional manner at all times adhering to all company policies.
Other Duties:
  • Handle multiple tasks simultaneously.
  • Participate in proactive team efforts to achieve departmental and company goals.
  • Participate by example through sharing of knowledge and skill to promote a positive team work environment.
  • Comply with all safety policies, practices and procedures.
  • Reporting of potential or actual violations of such policies, practices and procedures to Supervisor.
Perform other duties as assigned by Management.