Residential Mortgage Lender

Mortgage Loan Originator

To generate mortgage production loans through external business development and internal partners. Will qualify borrowers; maintain compliance and quality control standards.

Duties and Responsibilities :

• Build and maintain referral networks and relationships for bringing in new mortgage business.
• Advise customers in the process of completing mortgage loan applications.
• Determine appropriate loan type for customers' needs and educate customer on details of all loan types.
• Determine loan requirements and advise customers regarding documentation required for transactions.
• Prepare and send initial disclosures to customers, complying with RESPA / TILA requirements.
• Correctly calculate income and identify assets for borrowers per appropriate lender's guidelines.
• Run loan file information through Loan Prospector or Desktop Underwriting system to determine eligibility for agency loan.
• Manage customers and related service providers, including real estate agents, regarding appropriate expectations for documentation, process and closing.
• Partner with processor on files to ensure loans close in a timely manner.
• Communicate with customers regularly to ensure they have a clear understanding of the process.
• Expand and regularly update knowledge base regarding RESPA, HMDA, MDIA, HVCC, Regulation B, Flood, and other regulations as applicable.
• Control loan files to ensure compliance with regulatory requirements.
• Expand and regularly update knowledge base regarding underwriting requirements for conventional, FHA, and VA loans.
• Perform other duties as assigned.

Minimum Qualifications :

Work Experience :

Preferred Experience :

Supervisory Experience :

Driving Position :

Education / Skills / Experience :