MORTGAGE LOAN SPECIALIST- FOSTER CITY, CA - REQCODE 1200077111
Job Field: Legal Jobs
Location: Foster City, CA
Salary: $Not stated
JOB SUMMARY:
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<tr><td valign="top" width="450"><b>The Mortgage Loan Specialist MLS aligned to a
Banking Center manages mortgage referrals
originating from Banking Centers. The MLS provides
local coverage for the Banking Center and will
focus on building relationships with and coaching
BC associates on mortgage products, how to
identify mortgage opportunities and best practice
referral strategies. Focus on identifying
opportunities to deepen customer relationships by
referring back to consumer partners and
specialists with the center. In addition to the BC
referrals, sales revenue is also developed through
repeat business and limited self-sourcing from
relationships with local realtors and/or builders.
They work with new and existing customers through
the mortgage application process, including
analyze of financial data, credit, determine
pricing, product selection, document collection
and kept informed routines.
In this ongoing sales role, the MLS continually
identifies, develops and maintains a quality
network of business relationships that serves as a
recurring source of referrals for new mortgage
lending opportunities. An MLSs network is
enhanced by their regular participation in
business related development opportunities,
community efforts to promote homeownership and
professional organizations.
The MLS will successfully coach Banking Center
associates on best practice referral strategies
both through on the job mentoring and during team
huddles, complete pre-assigned training activities
and achieve personal production goals.
The MLS responds to customer inquiries and
referrals that are generated from both their own
contacts and from other Bank of America business
channels. The MLS conducts interviews with
prospective borrowers in order to analyze
financial and credit data, determine customer
financing objectives, advise customers of
product/pricing policies and guidelines, and
gather any additional required information. The
MLS ensures exceptional customer service by
maintaining thorough knowledge of lending
programs, policies, procedures and regulatory
requirements, demonstrating a commitment to
professional ethics, complying with all Federal
and State compliance policies and adhering to HMDA
requirements.
This position may be subject to SAFE Act
Registration Requirements. Pursuant to the SAFE
Act requirements, all applicants for employment
who will be engaged in residential loan mortgage
originations as defined by the SAFE Act must
register with the federal registry system and
maintain a status in good standing under the SAFE
Act requirements. If at any time the Bank
determines that 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
register successfully or to maintain a status in
good standing under the SAFE Act will affect your
eligibility for continued employment and may
result in your immediate termination. ... To view
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KEY REQUIREMENTS:
None Not stated