External Mortgage Loan Officer

External Mortgage Loan Officer (EMLO)

Don't miss this opportunity to join one of the most respected credit unions in the Pacific Northwest! With billions in assets and a strong reputation for integrity, unsurpassed service, and member focus, Oregon State Credit Union is committed to creating financial solutions that make lives better. We're expanding into the Portland Metro area and looking for an experienced External Mortgage Loan Officer (EMLO) to help us grow.

As an EMLO, you'll be the face of the Credit Union in the Beaverton / Hillsboro / Portland Metro market. Your mission: attract and cultivate new mortgage loan originations by building strong relationships with Realtors, builders, and community partners. If you're a go-getter with deep ties to the real estate community and a passion for helping people achieve homeownership, this is your chance to shine.

This position is considered a Mortgage Loan Originator (MLO) as defined by the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act). The law requires MLO to be registered in the Nationwide Mortgage Licensing System and Registry (NMLSR).

What you will need to be successful:

• Business Development: Proven experience and track record in identifying, developing and maintaining prospective business relationships to establish recurring sources of referrals and ensure a quality pipeline of mortgage originations. Strong ability to identify and analyze potential loan markets and stay current on industry trends.
• Lending Expertise: Demonstrated knowledge and expertise of real estate lending, including lending programs, policies, secondary market and regulatory compliance requirements. Proven ability to conduct interviews with prospective borrowers, perform credit and financial analysis and oversee the application process, ensuring a high level of accuracy and that member needs are met.
• Communication Skills: Excellent written and verbal communication skills with the ability to educate members on the process and available products and services, all while ensuring exceptional member services throughout. Showcases strong diplomacy and ability to build and maintain relationships.
• Experience & Education: At least three years of real estate lending and loan origination experience required. Secondary market investor underwriting and guideline experience preferred. Three years of experience in field sales where lead generation is the prime source of business is highly preferred. High school diploma or GED equivalent required.

Ways we'll appreciate you:

• A positive atmosphere
• A $3,000 monthly base salary in addition to the generous commission structure!
• Paid holidays and paid time off
• 100% credit union paid employee coverage for medical, vision, dental, life and disability insurance; dependent coverage also available
• 401k Plan with a generous credit union match
• Tax-saving Flexible Spending and Health Savings Plans
• Premier membership perks, company clothing, wellness and recognition programs
• Laptop and cellphone provided

Since it began in 1954, Oregon State Credit Union has been a member-owned, not-for-profit financial services institution. We exist for the benefit of our member-owners, and not to profit from them. That's what makes us different from banks and how we're able to create financial solutions that make lives better.

Location: Work from home or area credit union branches as needed

Work type: Full-Time, Remote, Exempt

Compensation: $36,000 base salary plus a generous commission structure, providing strong earning potential for motivated loan officers.

Oregon State Credit Union is an equal opportunity employer, including veterans and individuals with disabilities.

The information above provides the general nature of work performed in this position and outlines primary qualifications. The successful candidate must be able to demonstrate that they have the legal right to work in the US and pass a background screening to the satisfaction of Oregon State Credit Union.