Summary: The Mortgage Loan Originator will be expected to develop relationships and solicit business from referral partners such as bank colleagues, realtors, attorneys, builders and CPAs. They will assess customer needs to recommend appropriate mortgage products, take applications, set clear expectations regarding loan documentation requirements, turn-around times and processes, collect application fees, submit loan and to act as primary contact for customers through loan closing.
Achieve volume and/or unit production targets.
Maintain knowledge of available loan products, processing procedures, and underwriting and general departmental guidelines.
Maintain high levels of customer service while managing each applicant's and support staff’s expectations.
Project a positive attitude and act with integrity at all times.
High School Degree. Four-year college degree preferred.
Minimum of 3 years’ experience working as an outside loan officer.
Knowledge of conventional and/or government lending guidelines.
Knowledge of residential mortgage processing and closing procedures.
Knowledge of federal lending regulations governing real estate lending.
Knowledge of underwriting guidelines for FHA, FNMA, and FHLMC.
Knowledge of local real estate market
Strong desire to excel in a competitive environment.
Learns From Mistakes
Putting People at Ease
Excellent verbal, written, and interpersonal communication skills Maintains Clear Communication with Customer
Ability to lift 20+ pounds.
Ability to work nights, weekends, and/or holidays as needed or scheduled.
Applicants must possess active NMLS licensing or registration
Physical Demands/Work Environment: Individuals must be able to move about, stand and have manual dexterity. The work environment is generally well-lighted HVAC-controlled office. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
It is the responsibility of every Bank employee to maintain an effective BSA/AML/OFAC internal control structure, including suspicious activity monitoring and reporting. Every employee that comes in contact with a reportable transaction and/or suspicious activity should obtain the proper documentation and file the appropriate report in a timely manner. Nothing in this description restricts the Bank’s rights to assign or reassign duties and responsibilities to this job at any time.
The First National Bank of Waterloo does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.
Additional Salary Information: Salary is commensurate with experience. Base salary and commission and/or bonus based on loans originated.
Internal Number: 233
About First National Bank of Waterloo
First National Bank of Waterloo was established in 1912 and is a full-service community bank with banking centers in the Illinois cities of Waterloo, Columbia, Dupo, Millstadt, O'Fallon, Effingham and Stewardson. The Bank is the largest bank headquartered in Monroe County. The tradition that was started in 1912 continues today. The Bank is locally owned and dedicated to providing financial support for our community’s progress, building one-on-one relationships with our customers, and committing time and leadership to local civic and charitable organizations
The mission statement of First National Bank of Waterloo is to enhance shareholder value by providing high quality, personalized financial services that exceed the customers’ expectations; maximizing earnings through optimal growth while remaining an independent bank; and striving to attract and retain quality staff.