NonPrime Retail Loan Officer - Nashville, TN

The subprime Retail Account Executive primary responsibility is to cultivate and retrieve prime channel leads that are not able to be funded as prime loans. It is the responsibility of the Subprime AE to convert these leads into subprime loans. AE's are also required to cultivate other sources of business from Credit Unions, small banks, collection agencies, etc. Sources include, but are not limited to, Realtors, builders and other networking avenues. In this role incumbent will take complete applications for mortgage loans, which includes inquires into the customer's income, assets, credit history, prior bankruptcies, judgments, liens and characteristics of the property. AE's will also be responsible for following up on documentation required for processing in accordance with corporate policies and procedures. The AE advises the customer regarding the advantages and disadvantages of different products and based on the customer's employment, the AE advises the customer what documentation is needed to support their income. In addition, incumbent will fulfill pre-doc and funding loan conditions in conjunction with the assigned Account Manager, develop business network resources of loan referrals, keep all parties informed as to status of application, set the Customers'/referral sources' expectations and educate them on the entire mortgage origination process. Will follow through and follow up to ensur the loan moves efficiently through processing, underwriting and finally, funding. Incumbent will provide a high level of customer service not only to the borrrowers, but also to referral sources. The Account Executive will be expected to meet minimum production standards based upon branch minimum production standards. AE will comply with all Chase corporate guidelines, Federal and State compliance policies and adhere to all HMDA requirements.
REQUIREMENTS
Minimum of one year of B/C sales experience Minimum of three years experience in a real estate or lending origination Strong sales and oral skills Good interpersonal skills Knowledge of mortgage banking and real estate market PC knowledge a plus

JPMorgan Chase offers an exceptional benefits program and a highly competitive compensation package.

JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V