At a Glance
- Tasks: Help clients navigate the mortgage process and close loans with a focus on exceptional service.
- Company: Join Michigan First Credit Union, a leader in financial solutions with over 90 years of service.
- Benefits: Enjoy competitive pay, tuition reimbursement, wellness initiatives, and a free fitness centre.
- Other info: Be part of an award-winning team recognised for its community support and workplace culture.
- Why this job: Make a real impact on clients' lives while thriving in a supportive and growth-oriented culture.
- Qualifications: High school diploma required; finance degree preferred; sales experience and great communication skills are a plus.
The predicted salary is between 36000 - 60000 £ per year.
Location : Address
789 W. Ann Arbor Trail Suite 200
Location : City
Plymouth
Location : Postal Code
48170
Responsibilities
We are currently seeking a Mortgage Loan Officer to join our Michigan First Mortgage Office. The person in this position will report to the Loan Center Manager.
Job Summary
Our Mortgage Loan Officers strive to make an impact on their client’s lives by providing the most up to date mortgage information in order to help them meet their financial goals. This would involve increasing a client’s mortgage loan portfolio by developing business contracts; attracting mortgage customers, completing mortgage loan process and closing. We are looking for outgoing sales oriented applicants with uncanny client service ability.
Key Job Responsibilities
- Advise and educate clients on the home-buying or refinance process and how to better manage their mortgage needs.
- Meets mortgage loan operational standards by contributing mortgage loan information to strategic plans and reviews; implementing production, productivity, quality, and customer-service standards; resolving problems; identifying mortgage loan system improvements.
- Assists in the preparation of credit information necessary to establish qualifying range, including such factors as applicant’s assets, credit experience, and income, based on predetermined standards.
- Keeps record on file of credit transactions, inquiries, pending loans, Loan Activity report by representative, and Daily Loan Listing.
- Attracts new mortgage loan applications by developing relationships within the community, specifically with the real estate community; making sales calls to prospective customers.
- Completes mortgage loans by monitoring collection, verification and preparation of mortgage loan documentation; scheduling and completing mortgage loan closing.
- Excellent interpersonal and persuasion skills.
- Ability to perform functions in an accurate and timely manner.
- Perform other duties as assigned.
- Becomes/is an advocate of The Michigan First Way, supporting all facets of it, including complete fulfillment of Our Promise, 5 STARS Service, SOLVE IT and our ISMs. Fosters a positive demeanor and image through professional representation in all contacts with both, team members and members. Consistently reflects and displays each of our “ISMs” in daily job performance, as well as in all business interactions while executing on our goals and initiatives. Learns and utilizes EMEC (Every Member’s Experience Counts) in day-to-day responsibilities when communicating with members only.
Qualifications
- High school diploma, BA degree in Finance, Accounting or Economics preferred.
- Previous experience in financial software or sales is a plus.
- Passion, great communication skills, self-motivation, positive and competitive attitude.
- Detailed orientated.
- Ability to effectively present information in one-on-one and small group situations.
- Ability to operate standard office equipment, including proficiency with financial calculations and operational software desired.
- Must have more skills than just telemarketing experience. Organic lead generation and Social Media efficiency is essential to loan originators’ long term prosperity.
Benefits and Perks
- Very competitive pay
- Low-cost medical, dental, and vision benefit options. Employer-paid life and disability insurance
- 401(k) - 100% match up to 5% deferral
- Tuition reimbursement for both Undergraduate and Graduate degree program
- Access to a complimentary concierge service that assists with nearly any item on your to-do list
- Free, state-of-the-art fitness center at our Lathrup Village headquarters with exercise equipment, showers and locker rooms
- Wellness initiatives and events throughout the year to help team members stay healthy
- Loan discounts for certain secured and unsecured loans and mortgages
- Opportunities for pay increases, incentives and profit-sharing, based on performance
- Onsite subsidized top notch Cafe 26 for team members' use
- Onsite bowling center
Michigan First Credit Union is an Equal Opportunity Employer.
Mortgage Loan Officer in Plymouth employer: Michigan First Credit Union
Michigan First Credit Union is an exceptional employer that prioritises the growth and well-being of its team members while delivering outstanding service to its community. With a strong culture centred around professionalism, service, and personal development, employees benefit from competitive pay, comprehensive health plans, and unique perks such as a state-of-the-art fitness centre and tuition reimbursement. Join us in Plymouth, where you can make a meaningful impact on clients' lives while enjoying a supportive and dynamic work environment.
Contact Details:
Michigan First Credit Union Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Mortgage Loan Officer in Plymouth
✨Tip Number 1
Network within the real estate community in Plymouth. Attend local events, join relevant groups, and connect with real estate agents to build relationships that could lead to potential clients.
✨Tip Number 2
Familiarise yourself with the latest mortgage products and trends. Being knowledgeable will not only boost your confidence but also help you provide valuable insights to clients, making you a more attractive candidate.
✨Tip Number 3
Showcase your interpersonal skills by engaging in community service or volunteering. This demonstrates your commitment to helping others, which aligns with the values of Michigan First Credit Union.
✨Tip Number 4
Utilise social media effectively to generate organic leads. Share informative content about mortgages and home buying on platforms like LinkedIn and Facebook to establish yourself as a knowledgeable resource in the field.
We think you need these skills to ace Mortgage Loan Officer in Plymouth
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in mortgage lending or sales. Emphasise any previous roles where you advised clients on financial products, as this aligns with the responsibilities of a Mortgage Loan Officer.
Craft a Compelling Cover Letter:In your cover letter, express your passion for helping clients achieve their financial goals. Mention specific skills that make you a great fit for the role, such as your communication abilities and experience in building client relationships.
Showcase Your Interpersonal Skills:Since the role requires excellent interpersonal and persuasion skills, provide examples in your application of how you've successfully interacted with clients or colleagues in past positions. This could be through sales achievements or customer service experiences.
Highlight Community Engagement:Mention any involvement in community activities or networking within the real estate sector. This shows your ability to attract new mortgage applications and develop relationships, which is crucial for the position.
How to prepare for a job interview at Michigan First Credit Union
✨Know Your Mortgage Basics
Make sure you brush up on the fundamentals of mortgage loans, including types of loans, interest rates, and the home-buying process. Being able to explain these concepts clearly will show your expertise and help build trust with potential clients.
✨Demonstrate Your Sales Skills
Since this role is sales-oriented, prepare to discuss your previous sales experiences. Highlight specific examples where you successfully attracted new clients or closed deals, as this will showcase your ability to meet the company's goals.
✨Showcase Your Interpersonal Skills
As a Mortgage Loan Officer, you'll need excellent communication skills. Be ready to demonstrate how you've effectively interacted with clients in the past, resolving their concerns and providing exceptional service.
✨Research Michigan First Credit Union
Familiarise yourself with Michigan First Credit Union's mission, values, and recent achievements. This knowledge will not only help you answer questions more effectively but also show your genuine interest in being part of their team.
