Mortgage Loan Officer – Sugar Land

Position: Mortgage Loan Officer
Type: Full-Time
Department: Lending
Location: 11770 University Blvd. | Sugar Land, Texas 77478

With an established management team in place, Nizari is seeking a highly motivated and experienced Mortgage Loan Officer for Lending Department.

Function

The Mortgage Loan Officer is responsible for the origination of long-term mortgage loans. Conducts initial pre-qualification interviews and prepares complete loan application packages and necessary documentation. Conveys policies for extension of credit in accordance with Credit Union and secondary investor guidelines. Meets Mortgage Loan scheduling and documentation requirements, and production expectations as determined by the Mortgage Loan Manager. Serves members, prospective members, builders, developers, and Realtors promptly and professionally.

Responsibilities

• Interviews, takes applications and processes preliminary documentation on loan requests. Discusses loan alternatives, credit criteria, interest rates, and loan documentation in such a manner as to elicit positive responses from members.
• Performs follow-up work as necessary to achieve conditional approval within established time frames
• Notifies members if a loan is referred back to the Officer because of problem ratios or credit ratings.
• Advises members of loan approval or denial. Explains loan denials precisely and clearly to members.
• Completes lending operations in accordance with established Credit Union policies and legal requirements.
• Informs members of Credit Union loan policies and services.
• Counsels members whose loan requests were denied, explaining reasons and alternatives.
• Assists Mortgage Loan personnel and serves as a backup in the lending department as needed.
• Professionally cross-sells Credit Union services.
• Loan documentation, files, and related reports are complete, accurate, and timely. Monthly reports are submitted as scheduled.
• Loan applications and related financial data are closely and effectively analyzed and evaluated.

Qualifications

Required Knowledge:

• Undergraduate in Accounting or equivalent. Additional coursework in business or related fields is preferred.
• The ideal candidate needs One to two years of related loan origination experience. Real Estate background is helpful.
• Understanding of the foundation of determining creditworthiness. Knowledge of Credit Union loan policies, products, procedures, processing, and underwriting guidelines. Familiarity with title reports, insurance, and appraisals.
• Strong interviewing skills. Excellent communication and public relations abilities. Good analytical and financial skills. Able to operate related computer applications, calculators, and other basic business equipment.
• Credit Union experience is preferred.
• Excellent written and verbal communication skills.

Compensation

Nizari is committed to investing in the training, development, and well-being of all its employees. Nizari will offer a competitive salary plus benefits. We now have Employee discounts on Auto and Unsecured loans and our dental plan now includes an orthodontist.

About Us

Nizari Progressive Federal Credit Union (‘Nizari’) is a member-owned financial institution with over $330 million in assets. We serve over 16,000 members.

Have a question?

If you meet the requirements and are up for the challenge, email your resume to hr@nizaricu.org.