Loan Consultant

Joint Venture Sales | San Antonio, TX, Texas


Description

Position at Farm Bureau Mortgage

Position Summary:

Responsible for cultivating loan referrals through the Farm Bureau Membership (FBM) and Agents. Examines, evaluates, and documents customer applications for credit approval on real estate loans. The position requires the performance of all duties in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.

Responsibilities:

  • Communicates positively and professionally with operations staff throughout the process of the loan to ensure a smooth closing.
  • Engages in managing the loan pipeline with all team members to meet company efficiency standards.
  • Meets with borrowers to determine best loan program for individual needs after analyzing income, assets, credit, and property.
  • Collects all required documentation from borrowers and converts to paperless documents.
  • Prepares and submits loan submission sheet for set up.
  • Reads and understands rate sheets, product codes, loan level price adjustments in-order to calculate rates and fees.
  • Negotiates and confirms rates, fees, and lock terms with customer.
  • Locks loans in the system with agreed upon terms and manages locked pipeline through the funding.
  • Communicates regularly with borrowers to meet desired expectations.
  • Maintains minimum productivity goals.
  • Perform other related duties as assigned and required.

Requirements:

  • Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position.
  • Intermediate skills in computer terminal and personal computer operation; Microsoft Office applications including but not limited to: Word, Excel, PowerPoint and Outlook.
  • Intermediate math skills; calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals; locate routine mathematical errors; compute rate, ratio and percent, including the drafting and interpretation of bar graphs.
  • Effective organizational and time management skills.
  • Exceptional verbal, written and interpersonal communication skills.
  • Ability to manage ambiguity, work autonomously, and multi-task in an agile environment.
  • Ability to make decisions that have moderate impact on the immediate work unit and cross functional departments.
  • Ability to organize and prioritize work schedules on a short-term and/or long-term basis.
  • Ability to provide consultation and recommendations to management.
  • Ability to present inside and/or outside the organization; speaking before assigned team or other groups as needed.
  • Ability to deal with complex difficult problems involving multiple facets and variables in non-standardized situations.
  • Ability to work with little to no supervision while performing duties.
  • One (1) to (3) years of experience in the financial services industry.
  • NMLS loan originator license required.
  • Continuing education classes required by licensing authority.
  • Continuing training classes required by the company to meet CFPB requirements.
  • College degree preferred, but not required with proven mortgage experience.

The Perks: Why work for #teamloanDepot:

  • Aggressive earning potential and 401K with robust company match           
  • Inclusive, diverse and collaborative culture where people from all backgrounds can thrive
  • Work with other passionate, purposeful and customer-centric people
  • Extensive internal growth and professional development opportunities including tuition reimbursement
  • Comprehensive benefits package including Medical/Dental/Vision
  • Wellness program to support both mental and physical health
  • Generous paid time off for both exempt and non-exempt positions

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.