Jersey Mortgage Company

Loan Officer

Manasquan, NJ

Jersey Mortgage is a pioneer in the residential mortgage industry licensed in 5 states, with roots going back to 1937.  We're committed to making your home buying experience as easy and affordable as possible.  This commitment also extends to our employees, each of whom has an average tenure of over 10 years with the company. Our level of dedication to our customers is unheard of in the industry today. Jersey mortgage has an industry leading marketing department and is focused on delivering the "Gold Standard" in responbile lending through the new and improved mortgage broker community by delivering on its value propostions of consisitent, competitive pricing, extensive product knowledge, and best in-in-class technology and service.

The Role

We are looking for a special Mortgage Loan Officer to join our team. This person will generate business by providing professional financial services including purchasing or refinancing residential real estate. Our MLO will work independently to create and develop relationships with borrowers, realtors, builders, developers, personal contacts, and other valuable referral sources. Our MLO will service relationships with Jersey Mortgage preferred Real Estate Offices.  You will be responsible for upholding the organizational commitment to its borrowers, maintaining a high standard in customer service and professional ethics and will report directly to the Branch Manager. We are seeking qualified candidates to work remotely or in our Manasquan, Parsippany, or Cranford branches.

Responsbilities

  • Approve loans within specified limits, and refer loan applications outside those limits to management
  • Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
  • Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information.
  • Review loan agreements to ensure that they are complete and accurate according to policy.
  • Stay abreast of new types of loans and other financial services and products in order to better meet customers' needs.
  • Submit applications to credit analysts for verification and recommendation.

Required Skills & Experience

  • Experience in a loan origination
  • Satisfaction of state licensing requirements and other regulatory standards must be met
  • Completion of the Anti-Money Laundering, Fair Lending, and Equity Origination trainings are required
  • Ability to analyze financial data and comprehend market fluctuations
  • Working knowledge of lending guidelines and a thorough understanding of the process and procedures

Benefits 

  • Competitive pay structure based on experience with bonus
  • Company contributing top level Health benefits and 401k plans
  • Weekly company sponsored team events
  • Professional and enthusiastic atmosphere
  • Opportunity for vertical growth within organization
Jersey Mortgage Company

Chris Puorro

EVP
use your email instead