Mortgage Loan Officer

Job DetailsJob Location: ALEXANDRIA, VA 22312Salary Range: $67,500.00 - $67,500.00 Base+Commission/monthJob Purpose:
- The Mortgage Loan Officer at SPECTRA CREDIT UNION is responsible for assisting clients in securing mortgage loans by evaluating their financial information, providing expert guidance, and ensuring a seamless loan application process. This role is pivotal in helping clients achieve their homeownership dreams while contributing to the growth and success of the credit union.

Key Responsibilities:
- Develop and maintain strong relationships with clients to understand their mortgage loan needs and financial objectives.
- Evaluate clients' financial information, including credit history, income, and assets, to determine loan eligibility.
- Provide expert advice on various mortgage products and guide clients in selecting the best options tailored to their needs.
- Ensure accurate and timely completion of loan applications and documentation, adhering to all regulatory and compliance requirements.
- Collaborate with underwriters and other internal teams to facilitate the loan approval process.
- Stay informed about the latest mortgage industry trends, regulations, and products to provide up-to-date information to clients.
- Proactively identify and pursue new business opportunities to expand the credit union's mortgage portfolio.
- Deliver exceptional customer service by addressing client inquiries and resolving any issues promptly and professionally.
QualificationsRequired Education:
- Bachelor's degree in Finance, Business Administration, or a related field.

Required Experience:
- Minimum of 3 years of experience in mortgage lending or a related financial services role.
- Proven track record of successfully originating and closing mortgage loans.
- Experience working with a variety of mortgage products and services.
- Familiarity with federal and state mortgage regulations and compliance requirements.

Required Skills and Abilities:
- Strong analytical skills with the ability to assess financial information and credit reports.
- Excellent communication and interpersonal skills to effectively interact with clients and team members.
- Proficiency in mortgage loan origination software and Microsoft Office Suite.
- Ability to work independently and manage multiple priorities in a fast-paced environment.
- Strong negotiation skills and the ability to build and maintain relationships with clients and partners.
- Detail-oriented with a high level of accuracy in documentation and data entry.