Mortgage Loan Officer Job Description

We are currently looking for someone who has strong decision-making skills and excellent time management to fill our position as a mortgage loan officer. In this position, you will be responsible for interviewing clients and helping them figure out what the best mortgage option is for them. You will also be in charge of preparing applications and sending them. You should be able to identify any risk in the process of applying.

To be a successful mortgage loan officer, you should demonstrate great sales skills and top-notch knowledge of mortgage lending regulations. Ensuring quick turnaround should be your priority, and building good relationships with clients should come effortlessly. Our ideal candidate is someone with previous work experience who holds a mortgage loan originator license.

Mortgage Loan Officer Duties & Responsibilities:

• Letting management know what applications were denied, received, or approved
• Following and ensuring all loan regulations and privacy laws are followed
• Increasing the number of loans by working with real estate agents
• Make sure confidential information such as income or expenditure is received for the application
• Interviewing new and old clients and assisting them with their applications
• Collaborating with underwriters to determine whether a loan should be approved
• Assessing and overviewing new mortgage applications
• Identifying risks that can lead to problems on the mortgage loan
• Preparing applications and contracts for loans

Mortgage Loan Officer Requirements:

• High school degree/GED or a bachelor’s in finance
• Superb decision-making skills
• Great attention to detail
• Excelling verbal and written skills
• Mathematical and analytical skills
• In-depth knowledge of baking services regulations