Mortgage Loan Officer

GENERAL DESCRIPTION:

The Mortgage Loan Officer is responsible for originating residential mortgage loans by developing new business opportunities, interviewing prospective borrowers, evaluating financing needs, and guiding customers through the mortgage lending process from application through closing. This position serves as a representative of American National Bank & Trust ("ANB&T") by cultivating relationships with customers, real estate professionals, builders, and other referral sources while ensuring compliance with all applicable federal regulations, investor requirements, and Bank policies. The Mortgage Loan Officer is responsible for maintaining a high level of customer service while achieving individual production goals and supporting the Bank's strategic growth objectives.

ESSENTIAL FUNCTIONS OF JOB:

1. Develops new residential mortgage business through networking, community involvement, referral relationships, and business development activities.

2. Interviews prospective borrowers to evaluate financing needs and recommend appropriate mortgage loan products.

3. Completes accurate residential mortgage loan applications and obtains all required supporting documentation.

4. Reviews borrower financial information to determine preliminary loan eligibility and recommends appropriate credit solutions.

5. Maintains a thorough knowledge of all residential mortgage loan programs offered by the Bank, including Conventional, FHA, VA, USDA, portfolio, and other investor products.

6. Maintains current knowledge of investor guidelines, underwriting requirements, and secondary market standards.

7. Coordinates the mortgage loan process with processors, underwriters, closers, title companies, appraisers, insurance agents, and other parties to facilitate timely loan closings.

8. Monitors loan pipelines and provides timely communication regarding loan status to borrowers, referral partners, and Bank personnel.

9. Exercises lending authority within approved limits and recommends credit decisions in accordance with Bank policy.

10. Ensures compliance with applicable federal laws and regulations, investor requirements, and Bank policies, including but not limited to the SAFE Act, TRID, RESPA, TILA, ECOA, HMDA, Fair Housing Act, Flood Insurance regulations, BSA/AML, OFAC, and Bank Secrecy Act requirements.

11. Maintains complete, accurate, and timely loan documentation in accordance with regulatory and Bank requirements.

12. Develops and maintains professional relationships with real estate agents, builders, financial professionals, attorneys, and other referral sources.

13. Represents ANB&T at community events, business functions, educational seminars, and networking opportunities.

14. Travels to customer appointments, Bank locations, closings, community events, and other business-related meetings as necessary.

15. Completes all required compliance training, regulatory education, and professional development.

16. Perform all other duties as assigned.