New York - US Full Time 2 months ago

Mortgage Loan Officer


New York City Metropolitan Area / Hybrid

Job Summary:

The Mortgage Loan Officer will initiate the mortgage process for potential clients, preparing, analyzing, and verifying mortgage loan applications for the purchase or refinance of real estate.

Supervisory Responsibilities: · May assist with training new mortgage officers.


  • Meets with and interviews potential and current clients to understand their lending needs including first-time mortgages and refinance of existing loans.
  • Explains the differences between and approval requirements of various types of mortgages; prepares and presents a lending package based on client specifications.
  • Assists clients with completion of mortgage applications, inspecting completed documents for accuracy and thoroughness.
  • Reviews loan applications, gather credit histories and reports and assesses applicants’ capacity to repay and default risk.
  • Based on predetermined requirements, assesses, and grants or rejects mortgage applications.
  • Views or visits the property for real estate purchase or refinance.
  • Maintains knowledge of trends and developments in the local real estate market; current and predicted lending rates; and changes in rules, regulations, and best practices of various mortgages.
  • Develops and maintains contacts with local realtors, developers, and builders to promote and encourage the use of bank services for residential mortgages.
  • Performs other duties as assigned.

Required Skills/Abilities:

  • Must be licensed Mortgage Loan Originators.
  • Excellent interpersonal and customer service skills.
  • Excellent organizational skills and attention to detail.
  • Thorough understanding of Federal Housing Authority (FHA), Veterans Affairs (VA), Federal National Mortgage (Fannie Mae), and other types of construction and conventional loans.
  • Proficient with Microsoft Office Suite or related software.

Education and Experience:

  • At least five years of verifiable experience in the business of making or underwriting residential mortgage loans or similar lending and credit evaluation experience and be actively engaged in the operations of the lender.
  • Bachelor’s degree in Finance or Business Administration required.

Job Type: Full-time

Pay: From $120,000.00 per year


  • 8 hour shift


  • Bachelor’s (Required)


  • Credit rating: 5 years (Required)
  • Mortgage Loan: 5 years (Required)
  • Credit Evaluation: 5 years (Required)
  • Federal Housing Authority: 5 years (Required)
  • Residential Mortgage: 5 years (Required)


  • Mortgage Loan Originators (Required)

Work Location: Remote

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