Job details

Senior Mortgage Officer

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Salary Range: $43,000 - $150,000.00+

This role is commission based and the annual earnings are based on production, with a minimum earnings of $43,000.00
Exact compensation may vary based on skill, experience and location.

POSITION PURPOSE

Responsible for originating real estate loans, contacting borrowers, and identifying the desires of the borrowers in order to help with their home financing needs.. Continually identifies, develops, and maintains a quality network of business relationships that serves as a recurring source of referrals for new mortgage lending opportunities. Network may consist of real estate professionals, builders, and professional and personal contacts, as well as other valuable referral sources, and is enhanced by the regular participation in business-related development opportunities, community efforts to promote homeownership, and membership in professional organizations.

ESSENTIAL FUNCTIONS AND BASIC DUTIES

Discuss SAFE’s mortgage programs with potential borrowers.
Determine if applicants qualify for the requested mortgage; recommend appropriate mortgage programs.
Submit timely, accurate, and complete mortgage files to Real Estate Lending for processing, underwriting, doc drawing, and funding.
Meet minimum production goals, as assigned.
Maintain current, complete, and accurate status in origination systems for all loans assigned.
Develop referral sources in the community.
Discuss other SAFE products and services with borrowers.
Develop a business referral network through marketing, cold-calling, prospecting, and networking activities.
Participate in community events to promote home ownership, discuss SAFE’s mortgage programs with potential borrowers.
Develop a purchase pipeline by building a network of realtors who refer potential buyers, and through the realtor and builder association groups.
Stay abreast of product, financing, technology, and marketing trends while representing SAFE in the community.
Follow up on referrals in a timely fashion.
Complete other duties, as assigned.

QUALIFICATIONS

Education/Certification:

Associate's degree or equivalent from a two-year college or technical school; and five to eight years of related experience and/or training; or an equivalent combination of education and experience.

Certification:

NMLS license.

Required Knowledge:

Five or more years of experience in mortgage sales. Knowledge of FNMA, HUD, USDA, VA, and FHLMC guidelines. Experience with Encompass preferred.

Experience Required:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Skills/Abilities:

Excellent oral and written communication skills.
Demonstrated skill in planning, organizing, and controlling work.
Good public relations ability, with the ability to speak clearly.
Ability to work in a team environment.
Ability to use a personal computer, with emphasis on Microsoft Office (Word, Excel).

WORK ENVIRONMENT/PHYSICAL DEMANDS SUMMARY

LANGUAGE SKILLS

Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals.
Ability to write routine reports and correspondence.
Ability to speak effectively before groups of customers or employees of organization.

MATHEMATICAL SKILLS AND REASONING ABILITY

Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
Ability to deal with problems involving several concrete variables in standardized situations.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

While performing the duties of this job, the employee is regularly required to sit and talk or hear, and use hands to finger, handle, or feel objects, tools, or controls.
The employee is occasionally required to stand; walk; reach with hands and arms; and stoop, kneel, crouch, or crawl.
The employee must occasionally lift and/or move up to 10 pounds.
Specific vision abilities required by this job include close vision.
The noise level in the work environment is usually moderate.

INTENT AND FUNCTION OF JOB DESCRIPTIONS

This is not necessarily an all-inclusive list of job-related responsibilities, duties, skills, efforts, requirements or working conditions. All descriptions have been reviewed to ensure that only essential functions and basic duties have been included. Peripheral tasks, only incidentally related to each position, have been excluded. Requirements, skills, and abilities included have been determined to be the minimal standards required to successfully perform the positions. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed as assigned.

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.

Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.

SAFE Credit Union Glassdoor Company Review

3.8

SAFE Credit Union DE&I Review

3.7

CEO of SAFE Credit Union

Faye Nabhani

Approve of CEO

Average salary estimate

$96500 / YEARLY (est.)

min

max

$43000K

$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Mortgage Officer, SAFE Credit Union

Become a key player as a Senior Mortgage Officer with SAFE! In this exciting role, you will be at the forefront of helping people realize their dream of homeownership. Your primary responsibility will be originating real estate loans, which means you'll be getting to know potential borrowers and uncovering their unique financing needs. Excellent communication and deep understanding of the lending landscape will be your best tools as you recommend the right mortgage programs while building a strong professional network. Your impressive skills in networking will open doors to a variety of referral sources, from real estate professionals to community events, all designed to bring in new lending opportunities. As you dive into this position, your days will be filled with discussions about SAFE's robust mortgage offerings and other financial products, all while working towards meeting production goals and ensuring timely processing of mortgage applications. With a strong commitment to professional development and ongoing education, you'll be an active participant in community initiatives, further showcasing SAFE's dedication to promoting homeownership. If you have a background in mortgage sales, excel at creating lasting relationships, and thrive in a competitive environment, then this position may be the perfect fit for you. Explore what it means to be a Senior Mortgage Officer with SAFE and take your career to new heights!

Frequently Asked Questions (FAQs) for Senior Mortgage Officer Role at SAFE Credit Union

What are the key responsibilities of a Senior Mortgage Officer at SAFE?

As a Senior Mortgage Officer at SAFE, your primary responsibilities include originating real estate loans and guiding borrowers through their financing journey. You'll engage with clients, assess their needs, recommend suitable mortgage programs, and manage a pipeline of applications, ensuring timely follow-up and precise communication. Additionally, you'll play a critical role in building a strong network of referral sources through community outreach and participation in local events.