Type:
Full Time Employee
Requirement ID:
Location:
Washington DC Area - Hybrid Role
Apply To:
Diane Katz-dkatz0628@gmail.com
/
/
Type:
Full Time Employee
Location:
Washington DC Area - Hybrid Role
Requirement ID:
Setup:
Apply to:
Diane Katz-dkatz0628@gmail.com
,
,
Our client, a financial institution has hired us to source and place a Spanish-speaking Residential Loan Officer to manage and proactively solicit new residential mortgage and HELOC loan applications, interact with Spanish-speaking customers and referral sources as well as accept and complete all loan application files. The candidate needs to ensure a good volume of high-quality mortgage originations for the bank’s portfolio and for sale to institutional investors. By joining their team, you’ll be joining a Bank that believes that that maintaining a diverse and inclusive workplace where everyone feels valued and respected is essential for them to grow as a company. They are dedicated to building a more equitable world in our everyday practices by embracing the values of our employees and customers.
1. Develop new residential mortgage production by calling on both internal and external referral sources.
2. Interact with customers seeking information about mortgage loan products by phone, in person at abranch location or through the Banks website.
3. Represent the bank to potential referral sources including real estate brokers, builders or developers, financial professionals, financial planners and CPA’s.
4. Compile loan documentation, review customer documents for accuracy. Ensure all conditions and requirements for processing and closing have been met including obtaining & reviewing 1003s, sales contracts, disclosures, tax returns, paystubs and other proofs of income.
5. Perform all tasks as required to originate loans in compliance with all federal and state regulations and with company standards in areas of customer satisfaction, speedand efficiency.
6. Coordinate preliminary loan underwriting, pre- qualification, and mortgage counseling.
7. Knowledge and understanding of all mortgage regulations including Reg B, Reg Z, HMDA, RESPA,FRCA, TRID, and the SAFE Act.
8. Knowledge and understanding of all mortgage documents & forms to include but not limited to loan estimate disclosure, endorsements, assignments, under writing transmittals, notices to applicants, commitments, attorney letters and other documents as needed. Process and set up all loan information on the system.
9. Assist in tracking rates and preparing rate surveys of mortgage products.
10. Assist in the loan process as needed.
11. Knowledge of secondary market and agency guidelines for mortgage underwriting, and Appendix Q guidelines for documenting income and debts for mortgage loan applications.
12. Perform other duties as directed.
1. Bachelor’s Degree preferred or equivalent, combination of education, training, and experience.
2. Minimum 2 + years of mortgage banking experience preferable in a production role.
3. Fluent in Spanish a must.
4. Encompass experience preferred.
5. Good computer skills,proficiency in Word, Excel, and Windows.
6. Experience with front-end loan processing system, preferably Encompass.
7. Ability to travel and meet customers after hours.
8. Must be NMLS registered orable to become NMLS approved.
SpanishSpeaking
GreenCard Holders and US Citizens Only
SalaryPlus Commission
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