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Mortgage Loan Officer II in Chelsea, MA at Eastern

Date Posted: 3/6/2018

Job Snapshot

Job Description

When you join Eastern Bank, you join the largest and oldest mutual bank in the country. We pride ourselves in having knowledgeable and experienced professionals that can provide the expertise, personal attention and service our customers deserve.

As the fourth-largest full-service commercial bank in Greater Boston, we are able to offer you unique opportunities for career growth throughout the organization, as well as a competitive compensation and benefits program.

As an inclusive company, we work to ensure that our valued employees are treated fairly, recognized for their individuality, and encouraged to reach their fullest potential. These values have earned us a reputation as a great place to work and provide a strong reason why you should consider a career with us.

Eastern Bank is looking for an experienced Residential Loan Officer to represent the bank throughout the Massachusetts area. Candidates for this position must have solid knowledge of residential mortgage banking and strong sales background.

The successful candidate will be responsible for:
  • Interviewing loan applicants, analyzing credit reports, and preparing and reviewing loan documents. 
  • Soliciting residential mortgages through contact with realtors, builders, developers and housing organizations; encouraging loan referrals from retail branch staff. 
  • Advising potential borrowers of the specific features of the loan program selected that may impact their future ability to service the debt (such as ARM rate resets and balloon payments).
  • Calling on potential or existing clients to develop new business or retain existing business, both in person and over the telephone.
  • Representing the Bank in various civic community functions to further enhance Eastern's image and develop or promote additional business relationships.
  • Marketing assigned territory to improve market share in the area 

Job Requirements

  • Strong communication, organization, presentation and time-management 
  • Demonstrated sales ability.
  • Proven business development skills. 
  • Steadfast integrity and character.
  • Sharp attention to detail.
  • 2+ years of successful mortgage sales experience. 
  • Demonstrated ability to generate and close over $12 MM in mortgage production.
  • Knowledge of mortgage lending basic underwriting guidelines, compliance and regulations