Community Lending Officer (Base + Commission)
Company: Investors Bancorp, Inc.
Posted on: June 12, 2021
The Residential Community Lending Officer will generate new
opportunities for residential loans to low and moderate income
borrowers in specific low to moderate census tracts covered by the
Investors Bank footprint. This will be accomplished by networking,
aggressive calling and working with internal and external partners.
Examples include, but are not limited to: developing partnerships
with Housing agencies and Community groups, Hosting and Co-Hosting
Home Buyer Workshops, working closely with the Real Estate
Community and partnering with the Retail Branch network, etc. This
individual is expected to have an extensive understanding of the
local Affordable Housing Market, Housing Assistance Programs, and
lending solutions for low to moderate income and First Time
Homebuyers. Efforts will be focused on CRA eligible activities.
- Develop partnerships with community groups in the Bank's target
area of low to moderate income residents such as non-profit
organizations, government agencies, community development and local
groups and associations in order to ensure that the bank meets .
Will be required to attend meetings, events and seminars as well as
to develop and present seminars to the various partner
organizations and their clients. This will require evening and
- Work independently to identify, explore and acquire potential
new Customers. Build, maintain and/or grow relationships with
existing Customers. Interview potential applicants, assess and
match the customer's needs to the appropriate mortgage
- Guide the customer through the entire loan process, obtain the
necessary documentation from the applicant and perform the
appropriate calculations to ensure the applicant qualifies for the
intended mortgage product. Set expectations with the customer to
ensure the highest level of customer satisfaction.
- Effectively manage pipeline of loans and ensures all regulatory
requirements are met. Continuously develop and maintain specialized
knowledge of internal, regulatory and secondary marketing
guidelines. Acquire and maintain a comprehensive understanding of
all products offered.
- Update Loan Systems (including Salesforce) as required. Provide
reporting on an as needed basis and assist with internal and
Keywords: Investors Bancorp, Inc., Newark , Community Lending Officer (Base + Commission), Other , Newark, New Jersey
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