Mortgage Loan Officer (MLO) Bilingual Spanish/English

Merchants & Marine Bank - Hattiesburg, MS

Full-time - Entry Level

Hattiesburg, MS

Credit Intermediation and Related Activities

About the position

Canvas Mortgage, a division of Merchants & Marine Bank, is growing and expanding our mortgage production teams. We are looking to add a Spanish-speaking MLO to our team to help us best serve our Spanish-speaking clients. Canvas Mortgage offers a wide range of mortgage products including conforming, non-conforming and portfolio loans. Incumbents will be responsible for business development with multiple referral sources including Realtors, Builders, Attorneys, Financial Advisors, bank employees and the public. Canvas Mortgage provides full technical and marketing support for mortgage loan officers. This position is hybrid remote, working primarily from home, traveling to company locations in as needed. Incumbent must be geographically located in Baton Rouge, LA or Hattiesburg, MS.

Responsibilities

• Develop business by initiating sales calls, follow-up meetings, and responding to referrals in a timely manner.
• Accept loan applications and gather all necessary documentation in order to start the pre-qualification Mortgage process and review financials, credit and property for feasibility of granting loans.
• Provide sales support and strong communication to customers, processors, and management from loan pre-qualification to loan closing.
• Monitor all applications and supporting documentation to avoid and detect customer fraud.
• Work with management to achieve team and division goals.
• Work closely with support staff to ensure efficient processing to include account documentation is complete and accurate, underwriting, and closing of loans.
• Manage and monitor all disclosures to ensure compliance with regulations and mandatory time frames.
• Comply with all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA).
• Maintain excellent customer relations and the confidentiality of customer information.
• Negotiate terms, structure loan financing based on risk considerations and present credits for approval to appropriate levels of authority with the bank in accordance with bank procedures.
• Complete necessary credit investigations on each loan application as appropriate for keeping credit files current for the duration of the loan.
• Analyze potential loan markets and develop referral networks to locate prospects for loans.
• Build and maintain positive relations with business referral sources, customers, potential customers and co-workers.
• Ability to analyze mortgage clients for additional potential needs of other bank products and services and participate in business development activities.
• Perform all other duties as identified from time to time.

Requirements

• High School diploma or equivalent; and 3-5 years related experience or equivalent.
• Prior mortgage experience is required for the Mortgage Loan Originator position.
• Fluent in Spanish and English (verbal and written).
• Ability to obtain an NMLS number.
• Must pass the background check and not be listed on any watch and/or exclusionary list including but not limited to the GSA, LDP, and FHFA.
• Must be SAFE Mortgage Licensing Act compliant within 30 days of employment in this role and applicable NMLS acceptable background check.

Nice-to-haves

• Candidates without direct MLO experience who are fluent in Spanish and English and have experience translating for Spanish-speaking clients may be considered for a Junior Mortgage Loan Officer position if they do have sales experience and a knowledge of the financial services industry through work or education.

Benefits

• Medical, Vision and Dental Insurance
• 401-K Plan
• 11 Paid Holidays
• Personal Paid Time Off
• Term Life, AD&D and Disability Insurance
• Tuition Reimbursement
• Fitness Center Reimbursement