Responsible for the marketing, sales and origination of mortgage loan products within bank policies and procedures while providing excellent customer service. Mortgage Loan Officers should also refer mortgage clients for other bank products and services and participate in business development activities. This is an hourly + commission based position.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Implements effective mortgage marketing plans to meet or exceed mortgage production goals
Solicits residential first mortgages through contacts with realtors, builders, and developers.
Provides service and sound mortgage advice to customers and prospective customers seeking residential mortgage loans based on client needs as well as the bank’s mortgage products.
Interviews applicants to develop information concerning their needs, desires, and earnings to assist in determining whether the loan will be an acceptable risk.
Obtains and analyzes pertinent financial and credit data.
Ensures the preparation and processing of forms and legal documents required for residential loans.
Assists Mortgage Operations with client, attorney or appraiser document follow-up as determined through quality control or post-closing review.
Negotiates terms and conditions of loan with mortgagors.
Keeps informed on trends and developments in the local real estate market, as well as the changing rules and regulations pertaining to both private and government-insured mortgages.
Relies on judgment and extensive experience to plan and accomplish goals.
Possess a good working knowledge of all regulatory requirements pertaining to the job function, including, but not limited to, BSA/AML, the U.S. Patriot Act, and privacy laws.
Responsible for compliance within described area of responsibility
Performs other duties as requested
Toperformthisjob successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
High school diploma or equivalent education required; bachelor’s degree preferred
Minimum of two years of experience as a mortgage loan originator or loan officer with residential mortgage lending responsibilities and a solid knowledge of the local market
Excellent verbal and written communication skills
Strong organizational skills
Demonstrated interpersonal, customer service and negotiation skills
Proficiency with Microsoft Office including Word, Excel and Outlook as well as relevant mortgage loan systems
Must be SAFE Mortgage Licensing Act compliant within 30 days of employment in this role and applicable NMLS acceptable background check
Familiarity with regulations related to mortgage lending
Financial analysis, strong credit underwriting and analytical skills
Able to present at meetings and deal with the public effectively and confidently
Ability and desire to produce a high volume of work
About South Atlantic Bank
Created for our communities, South Atlantic Bank was organized in 2007 to meet the unique financial needs of consumers in the coastal communities we serve. The bank’s founders recognized the growing number of larger regional banks in the market created an opportunity for a locally owned and operated community bank to succeed. Our headquarters is located in Myrtle Beach, South Carolina, with branches in North Myrtle Beach, Murrells Inlet, Pawleys Island, Georgetown, Mount Pleasant, Charleston, Bluffton and Hilton Head, South Carolina. Not only are the markets we serve some of the most beautiful, but also some of the fastest growing in the country. We now have $680 million in assets and are poised for growth in each market. The common stock of South Atlantic Bancshares, Inc., parent of South Atlantic Bank, is listed on the OTCQX® Marketplace under the symbol “SABK.” Our Mission is to serve, in a fair, balanced, and superior manner, the interest of shareholders, customers, employees, and the public through adherence to high standards of financial soundness, exemplary customer service, employee professionalism, business ethics, corporate citizenship, and profitability.