*ONLY HIRING IN DC, MARYLAND AND VIRGINIA*
Welcome to Lafayette Federal Credit Union Careers! Our organization is growing, and we are seeking top-notch individuals to provide support to our members. Our employees are a critical component in our endeavor to be the premier financial partner for every one of our members.
Are you a Mortgage and/or sales professional who is ready to succeed in a conducive yet fast-paced work environment with a pool of leads at your fingertips? Looking for competitive compensation structures and endless sales opportunities?
If you are and have the credentials we’re looking for, you may be our next Mortgage Loan Officer. This is a truly unique opportunity offering a competitive commission plan and excellent benefits!
About us:
Our Difference: What makes Lafayette Federal cutting-edge? Lafayette Federal Credit Union is not only a great place to bank but also a great place to work! We have been recognized nationally by Newsweek’s America’s Best Banks list, we’ve received a 5-star rating from Bauer Financial, and we’ve also ranked #12 in S&P Global’s Top Performing Credit Unions in 2022 for the second year in a row!
Our Culture: Lafayette Federal is about inclusion, diversity, high performance, and new opportunities. Teamwork and our sense of community also make Lafayette Federal a great place to work. Each person is valued for his or her unique set of skills. We share a common devotion to the people we serve, participating in charity events throughout each year and giving back to the community.
Our Opportunities: Professional development, training, and certification are a priority for our employees. We want you to reach your career goals and provide support that leads to opportunities for advancement within the industry.
Education & Experience
- High school diploma or equivalent (GED)
- Three to Five years of experience locally (DC, MARYLAND, AND VIRGINIA) and currently employed in the mortgage industry
- Active relationships with referral partners and an existing customer database are preferred
- Experience originating FHA/VA/USDA loans is preferred
- Working knowledge of MS Office applications including but not limited to Outlook, Word, Excel, and other applications.
Requirements
- A day in the life of a Mortgage Loan Officer will include:
- Proactively solicit new residential mortgage business and sell our mortgage products to meet established loan quality and ongoing production goals.
- Develop and maintain a quality network of business relationships that serve as a recurring source of referrals for new mortgage lending opportunities.
- Conduct interviews with prospective borrowers to determine the appropriate lending product that meets their needs. Review initial application submission, i.e., income assets, and credit for accuracy and completeness. Analyze financial and credit data, determine financing objectives, and advise borrowers of product/pricing policies and guidelines. Inform the borrower of the lending process and provide applicable contact information for lending staff.
Lafayette Federal offers an array of mortgage loan products, including fixed and adjustable-rate mortgages, FHA and VA loans, jumbo loans, refinancing options, renovation loans, and relocation programs. What sets us apart as a lender of choice is our ability to offer dependable services that meet our members’ needs. With finance options designed to meet the financial needs of our borrowers such as products that do not require PMI and offer up to 95% financing, No Closing Costs options, Lender Credits, a First Time Homebuyer program offering up to 97% LTV, and many more, our MLOs have all the tools they need to succeed. With our ability to lend anywhere in the United States and a no-hassle membership field, your success can begin immediately. We also provide you with a full range of technology solutions and resources to get the job done.
Additional Comments
- Top benefits or perks:
- Joining Lafayette Federal comes with perks to support you in your personal and professional journey.
- We provide employees with a generous benefits package including:
- Employer-paid (99.9%) health insurance premium for single and family coverage (HMO Plan)
- Fully funded deductible (HMO Plan)
- 401k employer matching contribution
- Income protection with life insurance, short and long-term disability
We are headquartered in the heart of Rockville, MD where career growth meets urban vitality. Experience the perfect balance of professional opportunity and a lively community, creating a unique environment for success and fulfillment.
The job posting highlights the most critical responsibilities and requirements of the job. It is not all-inclusive. There may be additional duties, responsibilities, and qualifications for this job.
*Lafayette Federal Credit Union is an Equal Opportunity and E-Verify Employer
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