Mortgage Banker (Wichita)
Mortgage Banker (Wichita)
Job ID: 2011-4784
Location: US-KS-Wichita
Branch/Office: Wichita
Average Hours per Week: 40
Work Schedule: M-F
Posted Date: 10/18/2011
Category: Mortgage - Production Administration
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Job Details: Overview:
LONG LIVE A GREAT CAREER
BOK Financial Corporation (NASDAQ symbol: BOKF) is a Top-40, $22.5 billion financial holding company. BOKF has been recognized as one the 400 Best Big Companies in America by Forbes for the past 3 years.
BOKF operates seven bank subsidiaries in eight states with more than 180 locations including Tulsa, Oklahoma City, Dallas, Fort Worth, Houston, Denver, Boulder, Colorado Springs, Kansas City, Phoenix, Tucson, Fayetteville, Albuquerque and Santa Fe. Additionally, it owns TransFund, the nations 8th largest electronic funds transfer (ATM) network, which services over 380 financial institutions throughout 12 states. BOKF offers wealth management services nationwide with assets under management totaling $36 billion including $13.9 billion in discretionary assets. Wealth management includes BOSC, the largest broker/dealer in our FINRA district.
BOKFs continued growth can be attributed to focusing on core objectives which include investing in top talent, maintaining diverse revenue streams and expanding its regional presence with the goal of becoming the premiere financial services provider in each of its markets. Additional information can be obtained at .
Join us as a Mortgage Banker
This position is designed to include an initial period of formal residential mortgage lending training, followed by on-the-job training sufficient to exhibit a thorough knowledge of pertinent lending principles. During and following such formal training, this position will be responsible for representing a full range of mortgage financing, as well as generating mortgage and development loans through solicitation of individual consumers, groups, real estate brokers and builders/developers; also, maintains an active call schedule for purposes of educating targeted business sources regarding the features and benefits of BOK Mortgage financing.
For additional information - please contact Megan Douat at
Responsibilities:
Serves as primary contact with all parties on individual loans originated from application to closing; duties may include:
counseling and pre-qualifying potential home buyers
completing applications
obtaining all necessary support documents along with appropriate fee and lock-in
information in compliance with FNMA, FHLMC, VA, FHA, and mortgage lending
regulations includes of RESPA, Truth-in-Lending, and HMDA
overseeing loan process by monitoring loan status and ensuring conformity with terms
obtaining loan documentation prior to closing
assisting in collecting additional documents and communicating loan status to all
parties
Following formal training, makes oneself available to Branch Supervisor, Branch Manager and/or Regional Manager for follow-up, on-the-job training in order to put into action those training principles to which the employee has been exposed. This may include, but not be limited to, shadowing management personnel and, if appropriate, support and technical personnel in order to gain a complete understanding of the mortgage lending process.
Establishes and maintains client referral relationships with individuals, groups, Realtors, builders/developers; makes sales calls on potential or existing customers to develop new business or retain existing business.
Prepares complete loan application package; inputs loan applications, assembles and prints all required documents.
Communicates daily with loan processors, buyers, realtors, and builders on status of loan files.
Inputs approval or declination information into computer system; prepares required notices to send to customer if loan denied; informs borrowers, realtors, builders, and closer of status of loans.
Assists customer via telephone and walk-in customers directly to discuss loan programs and pre-qualifying requirements and procedures.
Attends open houses, broker open trade fairs, RESAT, Women's Council, and APMW and other organizational meetings in order to promote mortgage financing.
Trains new real estate agents and brokers in areas of financing, qualifying buyers, and lending guidelines.
Qualifications:
This level of knowledge is normally acquired through completion of an Associates Degree 1-2 years of outside sales experience. Bachelors degree strongly preferred.
Ability to comprehend and implement complex financial concepts related to residential mortgage
lending.
An advanced understanding of sales and marketing of consumer products and the ability, under supervision, to present, sell and deliver such products to diverse individuals and groups in a professional, ethical and effective manner.
Ability to perform complex mathematical calculations and to learn complex technical information
Ability to operate PC and 10 key by touch
Excellent interpersonal skills, and oral and written communication skills
This position requires registration with the Nationwide Mortgage Licensing System and Registry (NMLS), as created by the S.A.F.E. Act of 2008. Information on the registration process can be found at the NMLS Resource Center located at . Please refer to the Federal Registration option on the NMLS toolbar.
