Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

 

Job Description:
This job is responsible for managing the end-to-end consumer mortgage referral requests primarily for Low to Moderate Income (LMI) clients in underserved markets. Key responsibilities include connecting with internal and external centers of influence (i.e. financial center partners, realtors, etc.) to originate mortgage transactions, identifying relationship deepening opportunities with clients, and facilitating the loan process from application to close. Job expectations include providing home buyer education via workshops and contacting with clients and partners virtually or in-person. This position may be responsible for the provision of residential mortgage loans, and as such, is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential mortgage loan originations must register with the federal registry system and remain in good standing. Since this position requires SAFE Act registration, employees are required to register and to submit to the required SAFE Act background check. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

Responsibilities:

Originates loans from multiple internal and external referral sourcesUnderstands the local Affordable Housing Market, Housing Assistance Programs, and experience, providing thoughtful lending solutions and guidance to Low to Moderate Income and First Time HomebuyersAchieves production goals as defined by the businessMaintains a quality network of business relationships that serve as a recurring source of referrals for new mortgage lending opportunitiesProvides exceptional customer service including maintaining thorough knowledge of lending programs, policies, procedures, and regulatory requirementsConducts monthly Home Buyer Workshops and Business Development meetings

Required Qualifications:

2+ years of experience in loan originations and/or home buyer educationKnowledge of conventional and/or government guidelines as well as affordable mortgage products and programsKnowledge of processing underwriting and/or closing procedures/federal lending regulations governing real estate lendingAbility to organize and deliver Home Buyer Workshop presentationsStrong written and verbal communications skillsSelf-motivated and highly organizedAbility to prioritize multiple competing tasks​

Desired Qualifications:

Familiar with FHA and HUD guidelinesKnowledge of community housing counseling agenciesKnowledge of local competition product offerings and real estate market dynamicsStrong computer skills, including Microsoft applications and previous experience using laptop technology for client communication purposes including accessing rate, credit and loan status informationSolid time management skills and the ability to organize, prioritize and perform multiple tasks simultaneouslyAbility to communicate clearly and effectively, both verbally and in writing, across a variety of audiencesAbility to analyze and comprehend complex financial data and provide appropriate financial solutionsProfessional and effective interpersonal skills

Skills:

Client ManagementCustomer and Client FocusLoan StructuringOral CommunicationsReferral ManagementCredit Documentation RequirementsLearning DeliveryPresentation SkillsProspectingWritten CommunicationsActive ListeningBusiness DevelopmentCredit and Risk AssessmentData Collection and EntryPipeline Management

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

1st shift (United States of America)

Hours Per Week: 

40