Mortgage Loan Originator

Mortgage Loan Originator

Reports To : Varies by location

Primary Functions : Originate mortgage loans and promote related programs within the real estate profession and through personal networks.

Duties and Responsibilities :

• Market mortgage loan programs to the real estate sales industry and to personal contacts.
• Develop and maintain loan referral relationships with professionals in real estate, accounting, legal and financial planning fields.
• Interview buyer / applicants and originate investor mortgage loans. Accept applications and input them to the origination system, provide required estimates and disclosures, and gather required documentation and fees to process mortgage loans.
• Ensure all loans are originated, disclosed and / or re-directed accurately and timely within all established regulatory compliance requirements and timeframes.
• Ensure accurate processing is completed in a timely manner and prepare for submission to underwriting.
• If the loan is approved, take final steps to ensure a smooth closing. If the loan is declined, verbally advise the borrower and issue applicable refunds. Return any documents not pertaining to credit.
• Conduct sales presentations for Realtors as necessary to enhance business relations.
• Perform other duties as assigned.

Qualifications :

Education : Bachelors degree in Business Administration with advanced industry courses in real estate lending.

Creditable Experience in Lieu of Education : Two years of real estate lending experience with at least one year at the loan officer / originator level. Advanced industry courses in real estate lending.

Experience / Skills : Strong attention to detail and ability to perform industry related analysis required. Strong selling and communication skills. A good working knowledge of all aspects of real estate lending including knowledge of all applicable laws, regulations and programs. Proven ability to develop sources of mortgage loan application business.

Tenure : Not Applicable

Compensation :

Mortgage Loan Originator (Category 19)

Salary Pay Range : $21,500 - $53,000 annually. Starting base salary will be determined based on candidate experience, qualifications, education, and local or state wage requirements, if applicable and will fall within the range provided above. This position is eligible for performance-based commission.

In accordance with our Salary Administration policy, new hire base salaries generally fall within the minimum to midpoint of the listed range.

Benefits :

Equal Opportunity Employer