Mortgage Loan Originator
Position Summary
The Mortgage Loan Originator will be responsible for originating the loan products offered by the bank. Key responsibilities include developing internal and external referral sources to generate new mortgage lending business, including conventional residential mortgage and FHA/VA loans.
* Interviews applicants and request specific information for mortgage loan application.
* 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 which includes RESPA, TRID, and HMDA.
* Oversees loan process by monitoring loan status and ensuring conformity with terms, obtains loan documentation prior to closing, assists in collecting additional documents and communicating loan status to all parties.
* Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan.
* Works with underwriting to ensure all questions are answered and/or to resolve mortgage related problems.
* Submits loan package to operations department and assists loan processor in loan approval.
* Coordinates activities with loan processor and customer/borrower to ensure that proper documentation and verification is obtained.
Qualifications
To succeed in this role, you will require:
* A High School Diploma or GED equivalent with minimum of 1-3 years of residential real estate experience.
* Either possess an NMLS license, in the process of getting a NMLS license.
* Excellent verbal and written communication skills.
* Ability to work effectively under pressure.