Real estate loan officer job description
Updated March 14, 2024
6 min read
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Example real estate loan officer requirements on a job description
Real estate loan officer requirements can be divided into technical requirements and required soft skills. The lists below show the most common requirements included in real estate loan officer job postings.
Sample real estate loan officer requirements
- Hold a valid NMLS license
- Have a minimum of 2 years of experience in mortgage lending
- Be knowledgeable in federal and state lending regulations
- Demonstrate proficiency in loan origination software and Microsoft Office Suite
- Possess excellent analytical and mathematical skills
Sample required real estate loan officer soft skills
- Exhibit strong verbal and written communication skills
- Show great interpersonal and customer service skills
- Demonstrate ability to work in a fast-paced environment
- Be self-motivated and goal-oriented
- Possess excellent problem-solving and decision-making skills
Real estate loan officer job description example 1
First Bancorp real estate loan officer job description
RESIDENTIAL LENDING OFFICER
Essential Functions:
+ Responsible for marketing Real-Estate loans to Realtors, Builders and other spheres of influence by facilitating presentations, attending events, and cold calling.
+ Must originate loans in accordance with FirstBank's lending policies, procedures and guidelines.
+ Responsible for entering all loan applicants into the EZlender system, and run DU and credit reports.
+ Provide the processing team with all necessary contact information, including but not limited to Realtor, access to property and closing agent.
+ Responsible for interviewing and guiding prospective customers, enabling customers to select the best FirstBank product for their
needs.
+ Must complete a full mortgage loan application (1003), gather initial documentation, and set the expectations for customers, Realtors,
and builders as to appropriate timeframes and targets.
+ Communicate any and all additional and required documentation to customers.
+ Must originate all mortgage loans in accordance with all Federal, State, FirstBank, and investor guidelines.
+ Must submit completed applications in a timely manner to the Processors for disclosure within the three (3) days of application as required by Federal regulations.
+ Must provide processors and underwriters with updates on any material changes that may take place during the loan process.
+ Evaluate the documents provided by the customer and re-runs DU when appropriate.
+ Monitor progress of approval through closing.
+ Assist the support team with the gathering of any additional information required and all communication with the customer and referral
source.
+ Represent the Bank in functions within the community.
Required Education and Experience:
“Employee must comply with all requirements related to the Secure and Fair Enforcement Mortgage Licensing Act of 2008 (SAFE Act) and its corresponding regulations, including, but not limited to, obtain and maintain an active record and a unique identifier within the Nationwide Mortgage Licensing System and Registry (NMLSR), continue to meet said record and associated minimum register standards, including any applicable continuing education courses set forth by the Safe Act.”
+ Bachelor's degree in Finance/Business Administration or related field
+ 3 years of experience in a similar job is required or equivalent combination of education and experience banking and/or lending
industry
+ Good understanding of financial products, loan documentation, and business objectives of a real-estate lending department
+ Successful completion of approved real-estate training program
+ Strong knowledge of Microsoft Office
+ Good communication skills
EOE/D/V/M/F/DFWP
Essential Functions:
+ Responsible for marketing Real-Estate loans to Realtors, Builders and other spheres of influence by facilitating presentations, attending events, and cold calling.
+ Must originate loans in accordance with FirstBank's lending policies, procedures and guidelines.
+ Responsible for entering all loan applicants into the EZlender system, and run DU and credit reports.
+ Provide the processing team with all necessary contact information, including but not limited to Realtor, access to property and closing agent.
+ Responsible for interviewing and guiding prospective customers, enabling customers to select the best FirstBank product for their
needs.
+ Must complete a full mortgage loan application (1003), gather initial documentation, and set the expectations for customers, Realtors,
and builders as to appropriate timeframes and targets.
+ Communicate any and all additional and required documentation to customers.
+ Must originate all mortgage loans in accordance with all Federal, State, FirstBank, and investor guidelines.
+ Must submit completed applications in a timely manner to the Processors for disclosure within the three (3) days of application as required by Federal regulations.
+ Must provide processors and underwriters with updates on any material changes that may take place during the loan process.
+ Evaluate the documents provided by the customer and re-runs DU when appropriate.
+ Monitor progress of approval through closing.
+ Assist the support team with the gathering of any additional information required and all communication with the customer and referral
source.
+ Represent the Bank in functions within the community.
Required Education and Experience:
“Employee must comply with all requirements related to the Secure and Fair Enforcement Mortgage Licensing Act of 2008 (SAFE Act) and its corresponding regulations, including, but not limited to, obtain and maintain an active record and a unique identifier within the Nationwide Mortgage Licensing System and Registry (NMLSR), continue to meet said record and associated minimum register standards, including any applicable continuing education courses set forth by the Safe Act.”
+ Bachelor's degree in Finance/Business Administration or related field
+ 3 years of experience in a similar job is required or equivalent combination of education and experience banking and/or lending
industry
+ Good understanding of financial products, loan documentation, and business objectives of a real-estate lending department
+ Successful completion of approved real-estate training program
+ Strong knowledge of Microsoft Office
+ Good communication skills
EOE/D/V/M/F/DFWP
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Real estate loan officer job description example 2
MetLife real estate loan officer job description
Role Value Proposition:
MetLife Investment Management (MIM) is one of the largest institutional investors and asset managers in the world, with over $669 billion in combined managed assets, and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 900 dedicated professionals with extensive experience and expertise across public and private fixed income and private assets, including real estate. Visit us at www.metlife.com/investments to learn more.
MetLife's Agricultural Investments is seeking an exceptional and experienced Agricultural Real Estate Loan Officer to originate loans and service an existing loan portfolio primarily in the states of Oregon & Washington.This Agricultural Real Estate Loan Officer position will be part of a team responsible for the origination and servicing of agricultural real estate loans in the state of Oregon & Washington.
Key Responsibilities:
Essential Business Experience and Technical Skills:
Required:
Preferred:
Travel
Negligible
Business Category
Investments
Number of Openings
1
#MIM
MetLife:
MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.
We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine's 2021 list of the “World's Most Admired Companies.”
MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.
The wage range for applicants for this position is $125,000 to $165,000 . This role is also eligible for annual short-term incentive compensation. MetLife offers a comprehensive benefits program, including healthcare benefits, life insurance, retirement benefits, parental leave, legal plan services and paid time off. All incentives and benefits are subject to the applicable plan terms.
We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife. For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.
MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
MetLife maintains a drug-free workplace.
MetLife Investment Management (MIM) is one of the largest institutional investors and asset managers in the world, with over $669 billion in combined managed assets, and has consistently generated superior returns for both policyholders and shareholders. The enterprise has more than 900 dedicated professionals with extensive experience and expertise across public and private fixed income and private assets, including real estate. Visit us at www.metlife.com/investments to learn more.
MetLife's Agricultural Investments is seeking an exceptional and experienced Agricultural Real Estate Loan Officer to originate loans and service an existing loan portfolio primarily in the states of Oregon & Washington.This Agricultural Real Estate Loan Officer position will be part of a team responsible for the origination and servicing of agricultural real estate loans in the state of Oregon & Washington.
Key Responsibilities:
- Loan origination
- Credit analysis & underwriting
- Real estate appraisal & property inspections
- Loan servicing/reporting/portfolio management
- Relationship management/marketing.
Essential Business Experience and Technical Skills:
Required:
- 10+ years of experience with credit analysis and credit decision.
- 10+ years relevant experience with a proven track record of underwriting successful agricultural debt deals.
- Strong credit and analytical skills, superior knowledge of lending principles, credit procedures, collateral, and credit.
- Proficiency in Word and Excel-based applications.
- Strong written and oral communication skills.
- Strong relationship management skill set.
- Strong financial, accounting and credit analysis skills.
Preferred:
- Bachelor's degree in Agriculture, Business Administration, Finance, Economics, or Banking as well as any other related field of expertise; MBA or master's degree.
- Extensive agricultural lending experience, ideally including experience in core regional crops (e.g., apples, pears, wine grapes, row, vegetable, grain and forage crops, dairy, livestock, and various other specialty crops).
- Farm real estate appraisal knowledge.
Travel
Negligible
Business Category
Investments
Number of Openings
1
#MIM
MetLife:
MetLife, through its subsidiaries and affiliates, is one of the world's leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.
We are one of the largest institutional investors in the U.S. with $642.4 billion of total assets under management as of March 31, 2021. We are ranked #46 on the Fortune 500 list for 2021. In 2020, we were named to the Dow Jones Sustainability Index (DJSI) for the fifth year in a row. DJSI is a global index to track the leading sustainability-driven companies. We are proud to have been named to Fortune magazine's 2021 list of the “World's Most Admired Companies.”
MetLife is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for people around the world.
The wage range for applicants for this position is $125,000 to $165,000 . This role is also eligible for annual short-term incentive compensation. MetLife offers a comprehensive benefits program, including healthcare benefits, life insurance, retirement benefits, parental leave, legal plan services and paid time off. All incentives and benefits are subject to the applicable plan terms.
We want to make it simple for all interested and qualified candidates to apply for employment opportunities with MetLife. For further information about how to request a reasonable accommodation, please click on the Disability Accommodations link below.
MetLife is a proud Equal Employment Opportunity and Affirmative Action employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at MetLife without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
MetLife maintains a drug-free workplace.
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Updated March 14, 2024
Updated March 14, 2024