Commercial lender serp_jobs.h1.location_city

Community Mortgage Lender

Work Location : East Falls 4341 Ridge Ave, Philadelphia, PA 19129 Oregon Pike 1683 Oregon Pike, Lancaster, PA 17601 Work Hours : Monday - Friday 8 : 00am - 5 : 00pm Additional hours as needed to fulfill the needs of the department.

Function : The Community Mortgage Lender establishes and maintains relationships with community-based organizations, realtors, and government agencies which result in lending opportunities to ensure full compliance with the Community Reinvestment Act.

Duties and Responsibilities :

• Sells and originates Community Reinvestment Act (CRA) mortgage loans in an assigned community market serving low to moderate income borrowers.
• Maintains 50% of business as CRA eligible.
• Establishes and enhances the Bank's community presence by :
• Participating in trade shows, conferences, seminars, and related events
• Meeting and interacting with various housing agencies and governmental entities focused on CRA initiatives
• Conducting multiple first-time home buyer seminars annually to educate potential clients throughout the Bank's footprint
• Organizing customer appreciation events, seminars, and conference calls
• Creating strategic partnerships with non-profit organizations with down payment assistance programs
• Develops and expands referral sources to regularly generate new CRA mortgage loans and S&T products
• Meets local Realtors, Brokers, builders, developers, and other centers of influence to establish relationship
• Participates in CRA events, meetings, and forums
• Acts as key educational resource on affordable products, guidelines, and outreach
• Develops a library of CRA resources and provides job-specific training and communication to enterprise-wide lending staff guiding Fair Lending regulations
• Maintains a proficient knowledge of products, processes, guidelines, and regulatory requirements in conjunction with mortgage regulations, CRA, and Bank policies and practices
• Serves as customer advocate and enters complete and accurate loan mortgage applications by :
• Delivering exceptional levels of customer service by responding to customers quickly and following up with borrower(s) and Realtors throughout the loan process
• Preparing supporting materials including pertinent financial and credit data and ensures documentation is completed in accordance with regulatory compliance
• Submitting completed application package to Retail Mortgage Lending for processing within 48 hours
• Maintaining communication with processors and underwriters as to status of loan
• Following up on information and documentation required for processing and closing conditions
• Assists in the development of new products to ensure the Bank's lending programs are designed to enable communities to purchase business and build financial security
• Monitors market area for interest rates and products
• Assists in coordinating product development and marketing efforts to realtors
• Cross-sells other Bank products and services
• Refers new customers to Branch Managers for additional services with a focus on deposit franchise
• Maintains a good working relationship with all bank employees
• Demonstrates the ability to work independently
• Works as a team player to contribute to the success of the department and in turn the organization

Requires S.A.F.E. Act certification. Proof of registration with the registry and verification of a unique identifier as established under the guidelines of the S.A.F.E. Act is required upon hire and / or must be obtained prior to performing the duties of a Mortgage Loan Originator, as defined by the Act. This registration must be maintained annually in accordance with the S.A.F.E. Act.

Education : Requires a high school diploma or equivalent plus specialized training or two-year degree. NMLS certification and annual maintenance required to originate loans.

Experience : Five to ten years general business experience and two to five years specialized experience required including knowledge of CRA and down payment assistance programs. A strong knowledge and sales background supports success in the origination of mortgages.

Physical Demands : Operates a keypad device : 60-70% of the day; travels occasionally to alternate work locations. Use of manual dexterity skills for typing and data entry up to 40% of the business day. Primary parts of the body include finger, thumb, and hand. Standing required 10-20% of the day; sitting 60-70%; and walking 10% of the day. Routinely lifts 10 pounds 10-20% of the day. Specific vision requirements include close vision of 18"-20" for computer work and travel. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions of the position.

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

Salary Range : $36,438.00 - $77,000.00