Mortgage Loan Officer

 

POSITION: MORTGAGE LOAN OFFICER

Position Summary:

At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being.  We are committed to exceeding expectations and having a strong commitment to diversity and inclusion. Responsible for selling and originating residential mortgage products and Home Equity products, using initiative and imagination in finding and developing new sources of business.  Responsible for Fair Lending outreach and follow through on the Community Reinvestment Act.

Key Result Areas: 

·         Originate high quality loans which meet CSB guidelines

·         Solicit customers by developing relationships with real estate professionals, builders, local housing agencies, and other business referral sources                          

·         Determine and recommend appropriate loan products to meet the customer’s needs, promoting and cross-selling Bank products and services, as appropriate

·         Meet established loan production goals, service existing mortgage customers, and consistently deliver superior experiences to all CSB customers

·         Participate in networking and community involvement activities

·         Support the Commercial Lending division as needed                           

·         Establish and maintain effective working relationships with other employees & Operations partners.                               

·         Network with Branch partners to generate joint referrals (where applicable)

·         Continually complete ongoing job training and development as needed to remain current on market trends, products, and education

·         Perform additional duties as required

Qualifications: 

·         High School Diploma/GED equivalent or 15 years of mortgage origination experience

·         2+ years experience in outside mortgage banking sales, with knowledge of mortgage financing and mortgage programs                                       

·         Understanding of secondary market underwriting guidelines, P.M.I, and condominium standards              

·         Successfully register with the Nationwide Mortgage Licensing System

·         Excellent interpersonal and communication skills

·         Ability to meet established goals, interact with customers effectively, and work without direct supervision

·         Must be able to travel across Massachusetts

 

The above description covers the most significant major responsibilities but does not exclude other occasional responsibilities and accountabilities, the inclusion of which would be in conformity with the major purpose of this job.

Location: Hybrid/Waltham, MA
Disclosure:

  This position pays a guaranteed hourly draw of $21.63 per hour. In addition to the hourly draw, Mortgage Loan Officers are eligible to earn commissions based on individual performance and company guidelines. Commission structures will be discussed during the interview process. In additional, Cambridge Savings Bank offers a wide range of comprehensive and inclusive employee benefits for full-time roles including healthcare, parental planning, mental health benefits, performance bonus opportunities, a 401(k) plan and match, flexible time off, and others.

Visa Sponsorship: Cambridge Savings Bank is unable to sponsor or take over sponsorship of an employment visa for this role at this time.

About Cambridge Savings Bank:

   Cambridge Savings Bank is a full-service banking institution with over $7 billion in assets. As a mutual bank, CSB is committed to improving the quality of life of our employees, customers, and the communities we serve. One of the oldest and largest community banks in Massachusetts, Cambridge Savings Bank offers a full line of individual and business banking services across a robust Massachusetts-based branch network and through digital banking solutions for commercial, small business and consumer customers. To learn more about how we can meet your needs, visit us at cambridgesavings.com, or better yet, come meet us to help you make the most out of your banking relationship. Member FDIC. Equal Housing Lender. NMLS # 543370.