Debbie’s Staffing is recruiting for a Loan Officer for our client located in New Brunswick, NJ.

This is a Direct Hire opportunity.

Schedule: M-F (8am-4pm/8:30am-4:30pm/9am-5pm)

Salary: $70,000 - $80,000/DOE

Job Summary: 

The Loan Officer will oversee the process for loan applications, ensuring that information is collected properly, and that necessary financial information is on hand for efficient loan processing; administer the Correspondent Lending Program. Gathers HMDA data and prepares related reports. 

Essential Functions:

• Assist all walk-in or phone customers with loan information and/or completing a loan application. 
• Complete pre-qualification letters for customers upon request if qualifying requirements are met. 
• Run initial Loan Advisor AUS when pre-qualifications are requested. 
• Reviews applications received and request, any additional information required to put loan on our loan origination system. 
• Maintains open dialogue with applicants during the processing and closing of their loan. 
• Act as a liaison between the loan processing department and branches for loans in process 
• Assist branches with questions and customers requesting loan information. 
• Gather HMDA data and prepare related reports. 
• Update Loan Origination System (LOS); submits change requests. 
• Upload daily rates; prepare weekly rate sheets. 
• Assist the Residential Lending Manager with projects as required. 
• Prepare various reports as required. 
• Maintains declined/withdrawn files. 
• Maintain pipeline of loans including lock management of loans to be sold and selling of loans to FHLMC and any other lenders as required either on a loan-by-loan basis or bulk purchase. 
• Register all loans received from correspondent lenders. 
• Maintain pipeline of loans purchased and purchasing of loans from correspondent lenders as required. 
• Act as a liaison between correspondent lenders and underwriting department 
• Maintain compliance while performing all job functions. 
• Other job duties as assigned.

Required skills/experience: 

• Minimum of high school diploma or equivalent required. Some college preferred. 
• Minimum of 3-5 years mortgage customer service experience required. 
• Computer literate, including Microsoft Office and programs including Loan Prospector and loan tracking systems. 
• National Mortgage Licensing System and Registry (NMLS) required. 
• Knowledge of FHLMC guidelines 
• Working knowledge of lending regulations, financial institution products and services required. 
• Strong customer service skills 
• Must be detailed oriented. 
• Excellent communication skills, both verbal and written. 
• Ability to multitask in fast paced environment.

Benefits: Medical/Dental/401k