About the role
The Mortgage Specialist facilitates the residential loan process by advising clients on financing options, managing applications, and ensuring adherence to regulatory standards. This role bridges the gap between borrowers and underwriters to ensure efficient loan closings.
BankingOnsite
Key Responsibilities
- Advise clients on various mortgage loan products and interest rate options
- Collect and review financial documentation including income tax returns and credit reports
- Manage a pipeline of mortgage applications from initial inquiry through to closing
- Coordinate with underwriters and title companies to resolve loan conditions
- Ensure all documentation complies with federal lending regulations and internal bank policies
- Develop and maintain referral relationships with real estate agents and industry partners
Requirements
- Bachelor's degree in Finance, Business, or a related field preferred
- Active NMLS license registration or the ability to obtain it within a specified period
- Prior experience in mortgage loan origination, processing, or financial services
- Deep understanding of conventional, FHA, and VA loan program guidelines
- Proficiency in Loan Origination Systems such as Encompass or Calyx Point
- Strong analytical skills for evaluating creditworthiness and financial stability
- Excellent communication and interpersonal skills for managing client relationships
- Ability to meet strict deadlines and production targets in a fast-paced environment
- Knowledge of current mortgage market trends and fair lending practices