Reverse Mortgage Loan Officer
Company: WSFS Bank
Location: Cherry Hill
Posted on: May 25, 2023
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Job Description:
--Position type: Full-timeLocation: Wayne, PASchedule: Monday -
Friday--Hybrid/Onsite--Description:At WSFS Bank, we empower our
Associates to grow their careers, we guide our customers to secure
their financial futures, and we actively support our Communities so
they can fully thrive. Careers with WSFS Bank offer an inclusive
and supportive culture, competitive salaries, opportunities to
advance, and more. We are the premiere, locally headquartered bank
and wealth management company in the region and are honored to
consistently be named a Top Workplace by our Associates, who make a
difference every day for the people, businesses, and Communities we
serve. We Stand For Service-- is more than part of our name, it's
our mission and our purpose.The Reverse Mortgage Loan Officer will
market and originate reverse mortgage loans, many of which involve
servicing homeowners, and participating in related business
development activities. The incumbent will solicit reverse
mortgages through contacts with WSFS Bank's Retail and Branch
Associates, and other external contacts such as Realtors and
Business Organizations and seek opportunities to present the
Reverse Mortgage programs to individuals as well as professional
organizations. The Reverse Mortgage Loan Officer will provide
service to customers and prospective customers seeking loans by
interviewing applicants to acquire information and determine if the
loan is suitable; obtain and analyze pertinent financial and
property data and compile specific loan scenarios; explain the
costs, pay-out options and features of all products; assist in
schedule counseling appointments; obtain necessary signatures on
all documents and obtain necessary documents from borrowers; and
ensure the customer understands the loan process from application
through closing. The incumbent will also follow current loans to
ensure conformity with terms and meeting customer expectations, as
well as attend all loan closings when schedule permits. The
incumbent will need to stay informed of trends and developments in
the local real estate market, as well as the changing rules and
regulations pertaining to both private and government-insured
reverse mortgages.Minimum Qualifications:
Keywords: WSFS Bank, Cherry Hill , Reverse Mortgage Loan Officer, Other , Cherry Hill, New Jersey
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