Job Description:
The Lending Associate position is designed to create a career opportunity in mortgage sales for individual with minimal mortgage lending experience or those individuals who prefer to partner alongside a more experienced Lending Officer (LO). Upon hire, the Lending Associate will immediately focus on Bank of America training activities as outlined by the Bank of America Onboarding process. Newly hired associates that are pursuing a career opportunity as an LO within 8-12 months will be assigned a Sr Lending Officer as a mentor. Associates pursuing an opportunity as an LO beyond the 12 month time frame will be aligned with a Sr Lending Officer. The Lending Associate role will include sales, marketing and production activities in order to develop an understanding of the business and maximize the sale of mortgage loans. Additionally, the Lending Associate will begin working directly with customers to originate loans and may begin developing a referral network and generating self-sourced business. The Lending Associate will create a sales business plan and, initially under the guidance and supervision of the LO will execute sales, pricing, and loan management and customer relationship activities. The Lending Associate will be responsible for successfully completing pre-assigned training activities and achieving production goals within a pre-determined time period.
This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in your immediate termination.
Required Skills:
Strong written and verbal communications skills
Teamwork and customer service skills a must
Self-motivated and highly organized
Ability to prioritize multiple competing tasks
Flexibility to work extended hour during heavy workload period
Previous out-of-industry sales experience with a focus on generating self-source business or less than 18 months mortgage experience in operations role, previous mortgage originating experience
Strong computer skills including a fundamental understanding of MS applications
Desired Skills:
Familiar with FHA and HUD guidelines
Government Processing Experience
Mortgage processing experience
Ability to analyze and comprehend complex financial data and provide financial alternatives
Posting Date : 06/26/2017
Location : US-MI-Ann Arbor
Travel : No
Full / Part-time : Full time
Hours Per Week : 40
Shift : 1st shift
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