Community Lending Officer - Morgan Hill

Bank of America

3.2

(114)

Morgan Hill, CA

Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.
  • #JR-24041495

    Position summary

    organization.

    Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!

    This job is responsible for managing the end-to-end consumer mortgage referral requests primarily for Low to Moderate Income (LMI) clients in underserved markets. Key responsibilities include connecting with internal and external centers of influence (i.e. financial center partners, realtors, etc.) to originate mortgage transactions, identifying relationship deepening opportunities with clients, and facilitating the loan process from application to close. Job expectations include providing home buyer education via workshops and contacting with clients and partners virtually or in-person. This position is subject to SAFE Act registration requirements.

    Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since this position requires SAFE Act registration, employees are required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

    Responsibilities:

    • Originates loans from multiple internal and external referral sources

    • Understands the local Affordable Housing Market, Housing Assistance Programs, and experience, providing thoughtful lending solutions and guidance to Low to Moderate Income and First Time Homebuyers

    • Achieves production goals as defined by the business

    • Maintains a quality network of business relationships that serve as a recurring source of referrals for new mortgage lending opportunities

    • Provides exceptional customer service including maintaining thorough knowledge of lending programs, policies, procedures, and regulatory requirements

    • Conducts monthly Home Buyer Workshops and Business Development meetings

    Required Qualifications:

    • 2+ years of experience in loan originations and/or home buyer education

    • Knowledge of conventional and/or government guidelines as well as affordable mortgage products and programs

    • Knowledge of processing underwriting and/or closing procedures/federal lending regulations governing real estate lending

    • Ability to organize and deliver Home Buyer Workshop presentations

    • Knowledge of community housing counseling agencies

    • Knowledge of community grant / downpayment programs

    • Strong written and verbal communications skills

    • Self-motivated and highly organized

    • Ability to prioritize multiple competing tasks

    Desired Qualifications:

    • Experience in first mortgage and HELOC

    • Familiar with FHA and HUD guidelines

    • Knowledge of local competition product offerings and real estate market dynamics

    • Strong computer skills, including Microsoft applications and previous experience using laptop technology for client communication purposes including accessing rate, credit and loan status information

    • Solid time management skills and the ability to organize, prioritize and perform multiple tasks simultaneously

    • Ability to communicate clearly and effectively, both verbally and in writing, across a variety of audiences

    • Ability to analyze and comprehend complex financial data and provide appropriate financial solutions

    • Professional and effective interpersonal skills

    Skills:

    • Client Management

    • Customer and Client Focus

    • Loan Structuring

    • Oral Communications

    • Referral Management

    • Credit Documentation Requirements

    • Learning Delivery

    • Presentation Skills

    • Prospecting

    • Written Communications

    • Active Listening

    • Business Development

    • Credit and Risk Assessment

    • Data Collection and Entry

    • Pipeline Management

    The following laws or regulations restrict or prohibit the hiring of individuals with certain specified criminal history for the position Credit Solutions Advisor II: FDIC, Safe Act/Loan Originators

    Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

    Shift:
    1st shift (United States of America)

    Hours Per Week:
    40

    Learn more about this role

    Why you should apply for a job to Bank of America:

  • 57% say women are treated fairly and equally to men
  • 74% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.
  • A competitive benefits and programs have earned us recognition by Working Mother magazine for more than 30 years.
  • Employee Financial Services offers U.S. employees financial education and special access to financial products, services and expertise.
  • Offers comprehensive domestic partner benefits to U.S. employees and incorporate sexual orientation into non-discrimination policies.