Loan Officer Trainee

ABOUT THE ROLE

CountryPlace Mortgage, a leading nationwide personal property, mortgage and commercial lender headquartered in Plano, TX, is seeking a Loan Officer Trainee to help grow our Originations Department. This in-person role is in our Plano, TX office. As a Loan Officer Trainee, you will collaborate with Loan Officers, Loan Processors, Lending Associates, Underwriting, Compliance team and other essential departments.  The Loan Officer Trainee will be responsible for performing a detailed review of loan documentation. This includes reviewing the credit application, credit reports, income documentation, asset documentation and any other loan documentation required to render a credit decision. The Loan Officer Trainee will also be accountable to study for and pass the MLO Exam. 

ESSENTIAL DUTIES & RESPONSIBILITIES 

• Review and analyze loan application, credit report, income and asset documentation to render credit decisions in compliance with investor guidelines
• Maintain the highest level of service possible for retailers and customers
• Provide unparalleled service, ensuring needs are met in a timely and accurate manner
• Effectively communicate the loan approval or denial reasons to appropriate party
• Work with internal staff to provide follow-up, counter offers and additional information
• Refer loan requests with recommendations and documentation to underwriters
• Reviews conditions submitted on approved loans, clears conditions when appropriate and submits to Credit Analyst for review and approval
• Ensure loans adhere to investor guidelines
• Assist Loan Officers by completing service orders and reviewing condition submissions
• Assist servicing department by collecting payments during times of high volume
• Ability to adjust work and thought process to accommodate multiple investor guidelines
• Dedicate time to studying MLO Exam materials, completing practice exams and passing the MLO Exam
• Assist LO’s in ordering services, preparing internal items and other LO tasks as needed
• Apply for licenses as directed by management and complete all license requirements in a timely manner
• Communicate with borrowers for conditions and other clerical items
• Consistently meets and exceeds individual, team and department objectives 
• Perform other duties and special projects as assigned

POSITION REQUIREMENTS, CAPABILITIES & SKILLS

• Effective written, verbal communication and interpersonal skills
• Capable organizational and time management skills, with the ability to multi-task
• Competent attention to detail
• Ability to identify and resolve problems in a timely manner
• Employ a strong sense of urgency and ownership in all activities
• Ability to work well with a wide range of people
• Positive & professional demeanor

MINIMUM QUALIFICATIONS 

• BA/BS degree required in Marketing, Business, Accounting, Finance or Management 
• Working knowledge of Microsoft Office Suite, specifically Excel

WE OFFER

• Promotion to Loan Officer upon passing the MLO Exam
• Competitive Salary
• Medical/Dental/Vision Insurance
• Paid Holidays
• 401K Match
• Generous PTO
• FSA/HSA Plans
• Life /Disability/Accidental Insurance and much more!