Mortgage Community Development Loan Officer
Company: Bell Bank
Location: Winter Park
Posted on: May 27, 2023
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Job Description:
Mortgage Community Development Loan OfficerIf you love sales and
are passionate about helping others purchase their dream home,
consider a career with Bell Bank's mortgage team. You will work
with colleagues in a first class culture that provides a family
atmosphere, enjoy great benefits and provides a high level of
service that makes each mortgage run smoothly - by sending closing
packages five days before the closing, in-house underwriting and
processing and having a support team to allow you to work
efficiently.Company Information:Bell Bank Mortgage is backed by the
financial strength of one of the nation's largest independently
owned banks. Founded in 1966 in Fargo, North Dakota, Bell Bank has
more than $10 billion in assets and full-service banking locations
in Arizona, Minnesota and North Dakota. Bell has empowered more
than $25 million in charitable giving through its unique Pay It
Forward initiative, through which every employee chooses each year
how to help individuals, families and organizations in
need.Originally founded in 1880 by early Minneapolis civic leader
David C. Bell, Bell's mortgage division today has thousands of
family mortgages to its name. Bell Bank Mortgage has been in
Arizona since 1997 and is actively expanding, most recently opening
locations in New Mexico and several other regional offices.Bell
Bank has been recognized as a top bank and a top financial
workplace by American Banker, Forbes and Fortune, and has been
named among America's top mortgage employers by National Mortgage
Professional magazine.If you want to work for a strong, growing,
forward-looking organization with world-class employees, this is
the place for you.Bell's Values:As stewards, dedicated to the
growth and reputation of this independently owned organization, we
are committed to:Promoting and sustaining our family
atmosphere.Providing unequaled personal service to each and every
customer."Paying it forward" by giving back to the communities we
serve.Our Bottom Line:Happy Employees! Happy Customers!Job
Summary:The Mortgage Community Development Loan Officer is focused
on developing and maintaining strategic community partnerships and
growing and developing homeownership opportunities for
low-to-moderate income (LMI) individuals, families and communities
of color. Under minimum supervision, this position will be an area
market expert for and originate mortgage loans that meet
regulatory, investor and bank portfolio guidelines; including but
not limited to Housing Finance Agency, first-time homebuyer,
affordable housing and down payment assistance programs.The
Mortgage Community Development Loan Officer will lead and
coordinate community development activities and build and maintain
strong relationships with bank partners, government sponsored
entities, not for profit organizations and other community
partners. This position is a community connector that is driven by
the goal of supporting financial empowerment and generational
wealth building by providing successful and sustainable
homeownership opportunities with a focus on closing the
homeownership disparity gap. This role reports to the Area Manager
with dotted line to the National Community Development
Manager.Primary Duties:1. Mortgage Loan OriginationsOriginate
compliant mortgage loans with a focus on, but not limited to, LMI
and communities of color:Responsible for knowing and complying with
all Federal Regulations and Bank policies.Advise customers on
mortgage loans that are appropriate for their individual financial
circumstances, interview applicants, and collect financial data and
documents.Maintain high standards of client satisfaction and
quality, and ensure sales/originator systems and workflows are
efficiently controlled.Expedite loans in process by regularly
reviewing pipeline, following up on documentation with borrowers,
interacting with title companies, realtors, attorneys, etc.Manage
client referrals to ensure all new customers are introduced to
local branches and other appropriate business lines.Originate a
minimum of 3 loans per month or 36 loans per year.Community
Development (approximately 1/3 to 1/2 of time)Community Engagement,
Outreach and TrainingDevelop and maintain strategic community
relationships.Conduct 3-4 business development calls or
appointments per week or 12-16 per month.Track: Date, Contact Name,
Organization, Organization Address, role, summary, notes, and
follow up.Conduct Financial Wellness or Homebuyer education
workshops with local community partners and affordable housing
partners (min 12 per year).Attend affordable homeownership programs
and services educational seminars, trainings and workshops
conducted by state, local and nonprofit housing organizations (min
12 per year).Represent Bell at community focused meetings or events
(min 24 per year).Track: Date, event, targeted market reached, est.
# of attendees, evaluation, notes.Provide monthly training/updates
to area staff on local affordable housing products, homebuyer
education and counseling, have guest speakers from local non-profit
partners, etc.Participate in regularly scheduled meetings with Bell
partners and provide updates or report outs as appropriate (e.g.
CRA, Bell Bank Community Development, Community Development Loan
Officers from other market areas, Area and Market Managers,
National Sales Group Meeting and Bell Mortgage
leadership).Participate in Bell sponsored Community Development
Events/Activities in the local market, this may include staffing a
booth, assisting in planning, identifying local speakers or
partners to participate, speaking at the event, assisting with the
event details (e.g. Bell Mobile Empowerment Center, GSE partnership
events, etc.).Attend Bell enterprise-wide Community Development
trainings.Be a Community Development and Diversity, Equity and
Inclusion champion.Recognize, share and celebrate Community
Development stories and successes!Know by name and face as many
partners, customers and employees as possible, calling them by name
as often as possible.Know and practice LOCBUTN, our Golden Rules,
and Bell Bank Customer Service Standards.Know, understand, and live
the company values and bottom line.Market Area Community
Development Goals and Activities:Manage the market area Community
Development (CD) Business Plan.Track goal progress and report out
to leadership.Track industry and production trends and propose
adjustments to the CD Business Plan and goals as needed.Track and
measure against CRA and/or Fair Lending targets for the market
area.% of mortgage originations in LMI and minority communities.%
of Mortgage originations to LMI and minority borrowers.Develop
strong relationships and communication channels with Bell partners
(e.g. Bell Bank, Community Reinvestment Act (CRA), Operations,
Compliance, etc.).Catalogue Professional Trade Association
participation, Board Involvement, Task Force, Advisory Group or
Coalition participation for area staff.Maintain list of key
strategic community partners.Develop and share local Community
Development Activity calendar.Catalogue, track and evaluate
Community Development activities for the market area.Communicate
local Community Development training and volunteer opportunities to
area staff.Communicate local Community Development marketing
activities to area staff.Perform other duties as assigned.Job
Skills Required:Preferred three (3) years' experience as a loan
officer in first mortgage production.Thorough knowledge of pricing
and underwriting requirements of various mortgage insurance
companies.Demonstrated experience with Affordable Lending
products.Proven experience in supporting Community Reinvestment Act
(CRA) and Fair Lending goals.High School Diploma, Bachelor's degree
in business related field, or equivalent experience.Working
knowledge of Community Reinvestment Act, FNMA, FHLMC, FHA, VA,
local state housing programs, TIL regulations, Equal Credit
Opportunity Act, RESPA regulations, local and state real estate,
finance laws, regulatory compliance and investor
guidelines.Excellent written and oral communication skills and
ability to work in a team environment.NMLS registration.Proficient
in sales and service skills; including tele-consulting,
prospecting, networking and COI relationship management.Strong
computer skills and experience utilizing laptop technologyAbility
to work independently with limited supervision.Ability to
strategically plan to market and develop business
contacts.Excellent customer service skills.Ability to travel to and
work occasional evenings and/or weekends to participate in or
attend community events or meetings.Ability to travel to different
branches and to off-site meetings to meet with clients or
co-workers.Bilingual or multilingual preferred.Bell Bank provides
competitive compensation and an excellent benefits package.Bell
BankEqual Opportunity Employer
Keywords: Bell Bank, Orlando , Mortgage Community Development Loan Officer, Accounting, Auditing , Winter Park, Florida
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