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Member First Mortgage Jobs in Virginia (NOW HIRING)

Responsibilities: * 40% Upload eSigned member documents into the mortgage loan origination system. * 20% Assist branch and lending contact center personnel with first mortgage electronic signature ...

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Member First Mortgage information

What is the difference between Member First Mortgage vs Mortgage Loan Officer?

AspectMember First MortgageMortgage Loan Officer
CredentialsTypically requires mortgage licensing, state-specific certificationsRequires mortgage licensing, state-specific certifications
Work EnvironmentWorks for a mortgage lender, often in an office settingWorks for a bank, credit union, or mortgage company, often in an office or remote
Industry UsageUsed by mortgage lenders like Member First MortgageCommonly used by mortgage professionals across banks and lenders
Job FocusFacilitates mortgage applications, client consultations, loan processingAdvises clients, evaluates loan options, processes mortgage applications

Both roles require similar licensing and certifications, focusing on helping clients secure mortgages. While Member First Mortgage is a specific lender, a Mortgage Loan Officer is a broader role found across various financial institutions. The main difference lies in the employer and specific company branding, but the core responsibilities and credentials are comparable.

What are popular job titles related to Member First Mortgage jobs in Virginia?

For Member First Mortgage jobs in Virginia, the most frequently searched job titles are:

What cities in Virginia are hiring for Member First Mortgage jobs?

Cities in Virginia with the most Member First Mortgage job openings:

$20/hr

Full-time

Re-posted 17 days ago


Job description

Job Title: Mortgage Loan Officer
Job Type: Full-time
Location: Virginia area branches
Compensation:
Base Pay: $20.00 per hour
Training Pay: $28.85 per hour for first 90 days
Incentive Compensation: Eligible for commission based on mortgage production and the Mortgage Loan Officer Incentive Plan
Total compensation varies based on individual performance, loan volume, and business results.
All of us at Chartway stand united in our strong culture oflistening and learning. We treat people with respect, integrity, and kindness,and are committed to continuously developing a diverse and inclusive workplacewhere team members are empowered to be their authentic selves. All backgrounds,viewpoints, and life experiences are welcome, knowing this commitmentstrengthens our credit union family and communities.
The Mortgage Loan Officer is responsible for originating a mortgage loan with a member or potential member online, by phone, in person or from a team member referral. This position is responsible for accurate and efficient completion of the loan application, using this process as an opportunity to cross sell other credit union loan and deposit products. This position effectively communicates with the member and the mortgage team to ensure problem resolution and member satisfaction in a timely manner. This position establishes and preserves professional business relations with loan referral sources. This position reports to the Mortgage Production Manager and is a commission-based position.
Responsible and Accountable:
  • To pre-qualify members or potential members, choose appropriate loan plan options, interview the member to complete application, gather necessary documents, assemble loan file, issue preliminary disclosures with related fees and prepare loan application for processing.
  • To advise members of steps and normal timeframes in loan process, including but not limited to setting expectations for time critical events, rates, fees, APR and other important elements of financing.
  • To cross sell additional credit union products and services that complement and enhance the member's financial well-being.
  • Must successfully participate and pass all Continuing Education work as requested by Chartway and /or required by Regulatory agencies

Knowledge, Skills and Abilities:
  • Solid understanding of the Real Estate industry, home purchase market and life cycle.Have the ability to coach and counsel members in the nuances of home purchase and refinance loans.
  • Knowledgeable of mortgage program guidelines for credit union approved mortgage loan products as well as strong understanding of Loan Estimate and Closing Disclosure requirement as outlined in TRID, interest rates and APR
  • Ability to comply with federal, state and local laws as well as credit union policy related to Fair Credit, Equal Housing Opportunity, Truth in Lending and the Home Mortgage Disclosure Act throughout the mortgage application process.
  • Must have excellent sales skills with the ability to match member needs with credit union products and effectively position benefits for member to seek 1st mortgage financing with Chartway.
  • Ability to coach and train team members to generate mortgage referrals.
  • Ability to organize, plan and develop, and deliver home buying seminars to both Realtors and Members.
  • Ability to build a network of mortgage referral sources within the community
  • Excellent communication and public relations skills to build relationships with internal and external contacts.

Education and Experience:
  • Education: Associates degree or equivalent experience.
  • Experience: Minimum of 2-3 years of 1st mortgage lending sales experience including both purchase and refinance loans.

Chartway offers a competitive salary and a comprehensive benefits package. Candidates must have a good credit history for consideration. Salary requirements must be included and resumes must be accompanied by a Chartway Employment Application for consideration.
Chartway Federal Credit Union is an EOE/M/F/Disability/Vet Employer.
Ifa reasonable accommodation is needed for the job interview process, pleasecontact our Talent Acquisition Team at 1-877-319-4818extension 74862 or email us at recruiter@chartway.com.