Construction Loan Officer

Role

The Construction Loan Officer is responsible for soliciting and procuring new construction mortgage business, maintaining contact with their existing customer database, and developing a reliable network of builder and conventional referral sources. Assist the member, processing, Underwriting, and Closing departments of the Credit Union through each loan transaction. Construction Loan Originators help their clients choose the best loan for their needs by being knowledgeable about all our product offerings, as well as having a working understanding of underwriting guidelines.

Major Duties and Responsibilities

Solicit new and existing members as well as builder clients for referrals and loans.

Originate construction mortgage loans in accordance with Credit Union policies and procedures.

Advise customers on product options.

Assist loan processors and underwriters by obtaining complete documents from borrowers.

Determine loan pricing/rates and assist members in securing/locking loan rates.