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Mortgage loan specialist job description

Updated March 14, 2024
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Example mortgage loan specialist requirements on a job description

Mortgage loan specialist requirements can be divided into technical requirements and required soft skills. The lists below show the most common requirements included in mortgage loan specialist job postings.
Sample mortgage loan specialist requirements
  • Bachelor's degree in finance or related field.
  • 2+ years of mortgage loan origination experience.
  • Knowledge of federal and state regulations.
  • Ability to read and interpret financial documents.
  • Thorough understanding of underwriting guidelines.
Sample required mortgage loan specialist soft skills
  • Excellent communication and customer service skills.
  • High level of organization and time management skills.
  • Strong attention to detail and problem-solving skills.
  • Ability to work independently and as part of a team.

Mortgage loan specialist job description example 1

OneAmerica mortgage loan specialist job description

At OneAmerica, we deliver on promises when customers need us most. We believe the best way to serve our customers is to know that every individual, employee, family and business we work with has unique personal and financial goals. We keep our promises, so we can help them achieve their goals and realize their definition of financial success.

* The Commercial Mortgage Loan Closing Specialist collects, reviews, approves and negotiates any required changes to appraisals, engineering reports, environmental reports, and insurance necessary to ensure compliance with negotiated loan documents and corporate policies.

* Since each transaction is unique, the Closing Specialist is required to frequently make judgement calls for items that do not fall within established guidelines/policies. Errors in judgement could result in material financial loss to OneAmerica.

* The Closing Specialist works with other members of the commercial mortgage loan team and OneAmerica's legal team. They also work with external parties including Correspondents, consultants, and borrowers.

* In their role, this individual has the opportunity to develop an understanding of each new commercial mortgage originated by OneAmerica.
Educational Requirements & Qualifications:

* BS or BA preferred, preferably in finance, accounting or real estate
* 0-2 years prior analyst or commercial real estate experience is a positive
* Or any combination of education and experience which would provide an equivalent background

Salary Band: 04B

This selected candidate will be expected to work hybrid in Indianapolis, IN. The candidate will also be expected to physically return to the office in CA, WI, IN or ME as business needs dictate or for team-building and collaboration.

If you are offered and accept this position, please be advised that OneAmerica does not have any offices located in the State of New York and OneAmerica associates are not permitted to work remotely in the State of New York.

Disclaimer: OneAmerica is an equal opportunity employer and strictly prohibits unlawful discrimination based upon an individual's race, color, religion, gender, sexual orientation, gender identity/expression, national origin/ancestry, age, mental/physical disability, medical condition, marital status, veteran status, or any other characteristic protected by law.

For all positions:

Because this position is regulated by the Violent Crime Control and Law Enforcement Act, if an offer is made, applicants must undergo mandated background checks as a condition of employment. Such background checks include criminal history. A conviction is not necessarily an absolute bar to employment. Consistent with applicable regulatory guidelines and law, factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered.

To learn more about our products, services, and the companies of OneAmerica, visit oneamerica.com/companies.
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Updated March 14, 2024

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.