Mortgage Loan Officer

Job Description

Job Description

For over 20 years, Home Savings and Trust has maintained a reputation of excellence and integrity. Our headquarters is in Washington, DC and we are seeking a Loan Officer to join our team. We promote professional and personal growth, while creating an environment that rewards hard work. We pride ourselves on understanding our clients’ goals, needs, and wants, ensuring we stay engaged in the community.

Why Move:
• The organization strives to serve YOU, not the other way around. They are set up to put more money back in your pocket and pride themselves on a full transparency model.
• Career Coaching by the CEO – 32 years of highly successful experience at the same organization.
o Cost will be split for outside coaching if preferred.
• Team of 10 Loan Officers – you are not just a number and will have constant support in achieving your goals, along with ultimate flexibility.
• Partnership with Pearson Smith Realty.
• New “Video Room” for real estate agents where for $10 only, we create five 30-60 second clips to assist the real estate agent with marketing their business.

Company Culture:
• Over 20 years in business and there has never been a losing month in the history of the company based on P&L. Top 5% in the country in terms of posting a profit.
• Great company culture – the average employee is at 20 years in tenure, which is unheard of in this industry!
• We want you to be in a place where you never want to leave!
• Access to their proprietary app which allows real estate agents to co-brand and makes the process simple for homebuyers.
• Mortgage Banker- turn around times are 2-3 weeks.
o If a product is too risky, we allow our officers to broker it outside, but can’t guarantee their service levels. We give excellent service and value at a fair rate.
• Giving back mentality – the team in DC has over 10,000 volunteer hours for kids basketball, are sponsors of the Whole Hearted Foundation, local FCA’s (Fellowship of Christian Athletes) and Women Giving Back.
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Job Responsibilities:
• Evaluate credit worthiness by processing loan applications and documentation within specified limits.
• Interview applicants to determine financial eligibility and feasibility of granting loans.
• Determine all applicable ratios and metrics and set up debt payment plans.
• Communicate with clients either to request or to provide information.
• Complete loan contracts and counsel clients on policies and restrictions.
• Update job knowledge on types of loans and other financial services.
• Maintain and update account records.
• Assess customer needs, explore all options, and introduce different types of loans.
• Go the “extra mile” to build trusting relationships, customer loyalty and satisfaction throughout the underwriting process.
• Operate in compliance with laws and regulations and adhere to lending compliance guidelines.

Qualifications:
• Active VA, DC, MD, or WV licenses.
• Minimum 2 years of experience as a loan officer or mortgage banking loan officer.
• Self-sourced business with at least $7M a year in current production.
• Knowledge of loan products and managing the loan process.
• Direct sales experience to real estate agents and their customers.

Benefits:
• Health insurance
• Dental insurance
• 401K
• Long term disability
• Company paid dues, fees, and continuing education.

Home Savings and Trust Mortgage is an Equal Opportunity Employer. Our policy is clear: there shall be no discrimination based on age, disability, sex, race, religion or belief, gender reassignment, marriage/civil partnership, pregnancy/maternity, or sexual orientation.