Residential and Consumer Lender

Job Title: Residential/Consumer Lender

Reports to: Chief Lending Officer

Job Type: Full Time

Position Overview: Originates residential and consumer loans in a community banking environment. Counsels customers, takes applications, conducts preliminary underwriting reviews, and submits loan applications to processing and underwriting for approval. Follows up to ensure that documents required for processing, underwriting, and closing are secured in a timely manner from appropriate sources. Responsible for soliciting business and conducting sales-related activities outside of branch locations in order to meet specific loan volume origination goals.

Performs wide range of duties relating to the origination of residential and consumer loans. Meets standards and objectives defined by management for mortgage loan sales and cross-selling objectives. Assumes overall responsibility for the residential/consumer loan from application to closing relating to customer service and compliance with all laws, regulations, and Bank policy and procedure.

Primary Responsibilities:

• Work with assigned branch office(s) to ensure awareness of residential and consumer loan products and policies.
• Responsible for the overall performance of the bank’s residential and consumer loan portfolio and for developing new and maintaining existing business. Handle referrals from each branch office and provide appropriate follow-up feedback.
• Maintain knowledge of First National Bank Company policies and procedures
• Maintain knowledge of available loan products, processing procedures, underwriting and general departmental guidelines, and changes in regulations as they occur from time-to-time .
• Monitors residential loan repayment activities and takes necessary action to collect delinquent accounts.
• Take residential applications by completing Fannie Mae form 1003 in mortgage origination software.
• Take consumer applications by completing the standard consumer application in the consumer lending origination software.
• Collect appropriate documentation from each applicant and deliver loan package in the time frames set by management.
• Develop and manage pipeline for all originated loans through closing and complete required management reports.
• Responsible for portfolio management
• Communicate with branches and/or applicants by providing timely updates and progress reports.
• Maintain high levels of customer service while managing each applicant’s and support staff’s expectations.
• Attend and participate in all Consumer Lending meetings as required
• Advising potential Borrowers regarding appropriate loan programs and processes
• Participates in community affairs and organizations to increase the bank’s visibility and to enhance new business opportunities.
• Creating and Executing a Business Development Plan
• Initiating and maintaining contact with Realtors, Builders, and any potential referral source within assigned territory to inform them of loan products and other services offered by First National Bank

Education and Experience: Two or more years of sales experience or 3 years of banking and/or previous Mortgage Loan Origination experience. Ability to analyze and interpret financial statements; visual and auditory skills. Outstanding communication and interpersonal abilities. Proficient reading, writing, grammar, mathematics skills and word processing and spreadsheet skills. Excellent interpersonal relations and oral and written communicative skills. Excellent organizational and multi-tasking skills.

Current knowledge of or the ability to quickly learn/obtain the following:

• Underwriting requirements for FNMA, FHLMC, FHA, local bond programs and private investors
• Local, state and national laws and lending regulations (e.g. zoning ordinances, Truth-in Lending, RESPA, (TRID) Rule
• Knowledge of the Realtor/Builder segment of the Mortgage industry
• Comprehensive, working knowledge of HELOC’s and Fixed Seconds
• Comprehensive, working knowledge of all consumer loans
• Knowledge of local Real Estate community

Preferred Education: A.B.S. or B.A. or B. S. degree in a related field of study.

Physical Requirements: This position requires a high degree of mobility. May be subject to prolonged sitting/standing, frequent use of hands and upper body to manipulate/grasp objects/branch equipment, ability to communicate face to face and on the phone with clients, occasional bending and lifting from floor height, frequent forward reach, lifting of 1 – 15 lbs. Must be able to travel by vehicle to customer locations/branches/meetings/seminars, and so forth.

*This position will mostly work out of our Bellevue branch but may work at another branch or branches at a later date.

Benefits: First National Bank offers benefits depending on your employment status. Our full-time employee benefits include: 401k with company match, Medical/Prescription coverage, HSA option, Vision and Dental options, Life insurance options including a company paid life insurance, Short and Long term disability, paid holidays, PTO, tuition reimbursement, Wellness programs and potential for profit-sharing and bonuses.

Wages: Wages commensurate with experience

First National Bank is an equal opportunity employer.