Bay Capital Mortgage Corporation - Annapolis, MD
posted 5 months ago
As a Mortgage Loan Officer at our Annapolis, MD location, you will play a crucial role in generating a robust pipeline of loan applications and ensuring that all submitted files are complete and accurate. This position requires a meticulous approach to work, as you will be responsible for managing multiple tasks in a fast-paced environment while maintaining high standards of communication and customer service. You will report directly to the Chief Executive Officer/Chief Production Officer, providing you with the opportunity to contribute significantly to the company's growth and success. Your primary responsibilities will include performing business development tasks, which involve generating leads and referral business, as well as nurturing relationships with both existing and past clients. You will communicate with loan applicants to explain the risks and benefits associated with various loan products, ensuring they understand the terms and government regulations that apply. Additionally, you will prepare mortgage loan files by thoroughly reviewing loan applications and verifying the information provided by applicants. In this role, you will also be responsible for obtaining necessary mortgage loan documentation, which includes ordering credit reports, appraisals, titles, and other related information. You will calculate principal, interest, and closing costs, and promptly notify borrowers of these amounts. Monitoring the pipeline to ensure that applications are accurate, complete, and progressing through the approval process in a timely manner will be a key part of your duties. Furthermore, you will develop and maintain a marketing database of new, existing, and previous customers to support our marketing plan and solicit new business opportunities.