CRA Lending Specialist

Job Description:CRA Lending Specialist

Regions employs a CRA Lending Specialist to lead the origination of residential mortgage loans through a branch network.

Primary Responsibilities:

• Manages the completion of mortgage applications to be presented to the loan processing and underwriting units
• Reviews loan solicitations, evaluates financial details, and assesses the adequacy of collateral and the credit standing of customers
• Maintains communication with the loan recipient, providing updates on the loan's advancement and obtaining any essential paperwork
• Adjusting loan structures to align with appropriate lending protocols and Federal rules
• Draft an elaborate business and marketing blueprint containing the names of potential and current loan applicants, real estate agents, builders, developers, and others, as well as a timeline for consistent interaction
• Engaging with customers over the phone or during walk-ins to deliberate on diverse loan offerings and qualifying conditions
• Conducts outreach to potential or current customers as per the Regions marketing blueprint to secure new business or preserve existing accounts
• Markets other products and services offered by the bank to clients
• Evaluates surveys and appraisals before taking corrective actions to rectify encroachments and violations
• Employ participation in networking opportunities across different sectors to market loan products

Requirements:

• A high school diploma or GED is necessary for pursuing further education or career opportunities
• Proven expertise in mortgage lending gained through one year of experience and successful mortgage origination
• Rich history in the mortgage sector, particularly in building external business channels through referrals from various market players such as real estate agents, contractors, and financial advisors

Preferences:

• Bachelor's degree
• Former job as a Mortgage Loan Officer

Skills and Competencies:

• Good organizational skills
• Familiar with a range of mortgage products, systems, terms, tax obligations, and programs that provide assistance with down payments.
• Having expertise in agency and investor regulations and standards
• The ability to develop and nurture internal and external relationships is vital for achieving high service standards
• The ability to balance competing priorities and fulfill challenging deadlines is a necessary skill set
• Experienced with Microsoft Office suite
• Sales acumen
• Skilled in articulating thoughts through writing and speech

Incentive Pay Plans:

This role is able to take part in a commission-driven incentive scheme. Employees can potentially earn extra income by meeting predetermined goals and metrics.

Benefits Information:

• Paid Vacation/Sick Time
• An employer-sponsored retirement account, such as a 401(k) with company match, assists employees in saving for retirement by adding to their contributions
• Medical, dental, and vision benefits are designed to offer employees access to essential healthcare services, including medical treatments, dental procedures, and vision care exams
• Disability Benefits
• Health Savings Account
• Flexible Spending Account
• Life Insurance
• Parental Leave
• Employee Assistance Program
• Associate Volunteer Program

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