Mortgage Banker Job at First PREMIER Bank PREMIER Bankcard, Watertown, SD

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  • First PREMIER Bank PREMIER Bankcard
  • Watertown, SD

Job Description

Job Description

Location: Watertown, SD
Shift: M-F 8am - 5pm
Job Schedule: Full-Time
Company: First PREMIER Bank

About the Role
To solicit and originate mortgage loans saleable to the secondary market.  Additional responsibilities include cross-selling mortgage loan customers with other bank products and services.

Job Duties and Responsibilities 

  • Originate secondary market real estate loans.
  • Process applications as needed.

  • Assist with all areas of mortgage process from application through closing as needed.
  • Schedule appointments.

  • Interview applicants.
  • Determine eligibility and appropriate loan programs.
  • Complete applications.
  • Schedule closings.

  • Cross-sell other Bank products and services.

  • Read updates and guidelines changes for FHA, VA, SDHDA and Conventional loan products and regulatory issues.
  • Keep abreast of secondary market enhancements and industry changes.

  • Assist Mortgage Associates with issues and questions regarding loan files, closings and documentation.

  • Review files for timely service and closings.

  • Solicit business from realtors, personal bankers and Bank customer base.
  • Build relationships with realtors.
  • Turn rate calls into sales calls.

  • Build awareness of mortgage loan products and rates within and outside the Bank.

  • Participates in community civic and social organizations.
  • Receive sales leads and contact potential customers.

  • Outside sales meetings consisting of 30 to 40% of time from the office to gather or present customer material as follows:

    • Attend community functions to establish client calls.

    • Collect financial data from customers.

    • Identify loan products matching customer’s needs.

    • Explains terms available to customers.

    • Compile and present documentation to customers.

    • Finalize loan sale.

  • Provide assistance to VP, Mortgage Banking Manager, to develop and conduct department training.
  • Provide assistance as needed to internal and external auditors/examiners.

  • Research and recommend enhancements to computer systems used within the department.
  • Negotiate terms with secondary market investors.
  • Work with portfolio loan programs.

Skills and Qualifications 

  • 2+ years in a real estate origination department or environment.

  • Must possess working knowledge of Mortgage Banking processes and procedures. 

  • Combination of education/experience that would enable incumbent to meet essential functions and required competencies of the position.

  • Bachelor’s degree in business administration, Finance or related area, or equivalent related experience required.

  • Working knowledge of all bank products and services.

  • Direct sales and business development experience. 

  • Strong sales, communication, cross-selling, sales planning skills. 

  • Demonstrate strong verbal and written communication skills. 

  • Ability to maintain confidentiality required.

  • Basic computer skills. 

  • Proficiency of the English language. 

  • Exceptional verbal and written communication skills. 

  • Ability to concentrate and work independently. 

  • Attention to detail, analytical and problem-solving skills. 

  • Capacity to learn, adapt to change, and become proficient quickly. 

  • Ability to handle stress, exercise self-control, adhere to company policies and procedures and uphold the PREMIER Way.

  • Understand investor and insurer requirements to ensure compliance and loan sale ability.

Competitive Benefits Package

  • Full medical benefits when working 20+ hours per week
  • Traditional and High Deductible health plan options available
  • FREE dental and vision coverage
  • Generous Paid Time Off plans
  • 401(k) – dollar-for-dollar match up to 5% of total compensation
  • Special discounts and offers for events at the Denny Sanford PREMIER Center
  • PREMIER Wellness Program
  • Paid Community Volunteer Hours – PREMIER averages 30,000 hours per year
  • Fun Employee Parties

Our Culture

  • Emphasis on personal success, respect, health, wellness, fun and giving back
  • Employees are rewarded, valued, and celebrated for hard work
  • Various Career advancement opportunities and growth
  • Appreciation is shown through concerts, outdoor bashes, cash, car giveaways and more

Job Tags

Full time, Outdoor, Shift work,

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