About this opportunity
Vellum Mortgage lists this Loan Officer opportunity in annapolis, Maryland. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Be Part of Something Great
If you're a passionate, forward-thinking person who wants to be a part of the change and forward momentum in the mortgage industry, you'd be a perfect fit for our growing team. We're in search of people who are self-starters and who are as dedicated to helping people achieve the American dream of homeownership as we are.
A Loan Officer, or Mortgage Loan Officer, is responsible for helping customers research loans and navigate the application, approval and closing process. Their duties include recommending personal loan options to clients and explaining their terms, determining risks for loaning to clients based on their credit and processing paperwork.
Loan Officer Responsibilities
The Loan Officer is expected to collect and prepare all materials needed to secure a loan. They're also responsible for reviewing applications. Other than these main duties, some essential responsibilities include the following:
Oversees the loan as it goes through the process
Verifies the information provided on applications to obtain more information if missing data or mistakes are present
Communicates with borrowers to help them choose the best mortgage loan they can afford
Collects data from borrowers, such as their assets, salaries, debts and employment status
Reviews file documentation for missing or erroneous information
Verifies information about applicant history with credit bureaus and other agencies so the lender can approve or deny the loan
Remains aware of loan application deadlines and informs borrowers about them
Worksite address
annapolis, MD, 21403, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.