Community Mortgage Loan Originator

PRIMARY ACCOUNTABILITIES / RESPONSIBILITIES

• Interviews Residential and consumer loan applicants to facilitate a prequalification or application for any of the Bank’s Residential loan products.
• Counsels applicants as to the different programs available.
• Actively cross-sells the Bank’s products and services.
• Requests, receives, and reviews customer application documentation (income, asset and credit documents as needed).
• Serves as the client contact during the application, processing and through closing milestones.
• Keeps client and constituents (agents, brokers, attorneys as authorized) updated as to status of loan.
• Communicates, verifies, and facilitates the pricing and locking of loans with the secondary market team/Lock desk.
• Maintains an active registration with the National Mortgage Licensing System.
• Uses various lending technologies including the Loan Origination System (LOS) - Encompass, Pricing Engine – Optimal Blue, Marketing tools – Surefire CRM and Mortgage Coach.
• Works with Operations, the Closing department and Lock desk to facilitate the timely scheduling of a loan closing.
• The MLO participates in requests for missing or incomplete information required to close loan.
• Understands the Bank’s Credit policy, approval authority, MLO responsibility, minimum standards, and application timelines.
• Monitors changes to internal and secondary market lending standards and practices.
• Participates in regular contacts and solicits business from their own data base, realtors, networking groups and other professionals.
• Develops and deploys their own marketing and business development plan in order to establish a pipeline and network of referral sources.
• Maintains pipeline and lead generation progress and provides reporting on activity as needed.

Position Requirements

• Maintain an active registration with the National Mortgage Licensing System.
• Proficient with lending technologies including the Loan Origination System (LOS) - Encompass, Pricing Engine – Optimal Blue, Marketing tools – Surefire CRM and Mortgage Coach.
• Three years’ experience in consumer and mortgage lending with a demonstrated understanding of mortgage loan procedures, policies, and products.
• Self-accountable for quality work, always acting with integrity.
• Communicates well with customers and colleagues.
• Fosters camaraderie within team.
• Strong communications, organizational, and analytical skills.
• Ability to travel as needed.
• Ability to use various office equipment.

Qualifications

• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
• An Affirmative Action/Equal Opportunity Employer of protected veterans and individuals with disabilities.