First Western Bank and Trust is searching for an on-site Mortgage Banker at our community bank in West Fargo, ND.
Pay is based on several factors which vary according to position. Factors may include: educational and professional background, work experience, and overall qualifications. First Western Bank and Trust cares about and invests in our employees. We offer eligible employees and their dependents comprehensive health benefits and programs, which may include insurance for medical, vision, dental, and more, to help you take careof yourself and your family. Other benefits for eligible employees include 401k with company match, company contribution to Health Savings Account, banking benefits, short-term disability, life and long-term disability, bonding leave, holidays, and sick leave.
Commission:
This positions compensation includes commission.
Mortgage Banker Position Overview:
Develop new mortgage loan business for First Western Bank and Trust by developing a community network, soliciting business, responding to customer inquiries, and contacting mortgage referrals; oversee the mortgage loan process from application to closing; provide ongoing customer support with mortgage customers; and provide training for Mortgage Bankers as needed.
- Oversee the mortgage loan process from application to closing
- Interview prospective borrower to analyze financial and credit data
- Determine customer's financing objectives and advise customer of product/pricing and guidelines
- Take detailed loan applications, turn completed files to processing team and help resolve any problems
- Ensure all loans comply with regulatory, legal and bank requirements; including timely and accurate delivery of required disclosures
- Assist with training/mentoring other Mortgage Bankers
- Provide ongoing customer support; including education, advice, progress reports, answering questions, and resolving problems
- Maintain a clean pipeline with an organized follow-up approach and clear communication in relation tointerest ratelocks, closing dates, extensions, etc.
- Establish and maintain an effective network of mortgage referral sources such as realtors, contractors/builders, financial planners, accountants, and others
- Maintain knowledge of underwriting criteria
- Represent and promote the company to the public and provide leadership through community involvement
- Participate in marketing the bank's products and services
- Keep abreast of economic/political factors that may impact the development of business
Mortgage Banker Qualifications:
- Bachelor's degree in accounting, finance, business related field; or equivalent work experience
- Minimum 3 years of banking/lending experience
- Knowledge of the secondary mortgage market
- Knowledge of lending and lending policies and procedures
- Knowledge of government loan programs preferred
Mortgage Banker Skills/Abilities:
- Excellent oral and written communications skills
- Ability to analyze and comprehend complex financial data and provide financial alternatives
- Sound judgment and decision-making skills
- Able to prioritize work, work independently and be self-motivated with a high level of initiative and accountability
- Organized with strong attention to detail
- Ability to work well with a variety of people and exercise tactfulness in difficult situations and loan declines
- Computer proficiency, especially in Microsoft programs and necessary banking software
- Able to be licensed and registered by the National Mortgage Licensing System (NMLS)
First Western Bank and Trust is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, or veteran status.
