Mortgage Loan Officer

What they do

• Authorizing and underwriting loans.
• Reviewing and verifying loan applications and supporting documentation.
• Analyzing loan risk and requesting additional information as necessary.
• Preparing reports on assessment findings.
• Making loan eligibility decisions and approving or rejecting applications.
• Reviewing and specifying loan conditions as necessary.
• Ensuring compliance with regulatory standards.
• Ensuring compliance with company policies and guidelines.
• Documenting and effectively communicating reasons for the approval/rejection of loans.
• Returning applications with additional documentation to the loan officer for review.

Qualifications

• Degree in business, banking, finance, or a related field.
• Experience in loan underwriting.
• Highly organized and able to prioritize.
• Good communication skills, both verbal and written.
• Detail-oriented with strong data analysis skills.
• High mathematical aptitude.
• Good working knowledge of mortgage loan processing and relevant legal regulations.
• Proficiency in Microsoft Office and automated underwriting systems.