CRA Mortgage Loan Originator

Hometown Mortgage, a division of bankESB, is searching for a Mortgage Loan Originator to originate loans in Springfield, Massachusetts. Bilingual in Spanish/English strongly preferred. Candidate should have a proven track record of lending in the Springfield market.

Responsibilities

• Perform functions necessary to provide high-level service and responsiveness to customers.
• Interview residential and consumer loan applicants to facilitate prequalification or application for the Bank’s residential loan products.
• Counsel applicants on available loan programs and cross-sell the Bank’s products and services.
• Request, receive, and review customer application documentation (income, asset, and credit documents).
• Serve as the client contact during the application, processing, and closing milestones.
• Keep clients and constituents (agents, brokers, attorneys) updated on loan status.
• Communicate, verify, and facilitate pricing and locking of loans with the secondary market team/Lock desk.
• Monitor changes to internal and secondary market lending standards and practices.
• Work with Operations, Closing department, and Lock desk to facilitate timely loan closing.
• Participate in requests for missing or incomplete information required to close loans.
• Understand the Bank’s credit policy, approval authority, MLO responsibility, minimum standards, and application timelines.
• Understand internal lending standards and regulatory requirements.
• Regularly contact and solicit business from personal database, realtors, networking groups, and other professionals.
• Develop and deploy a marketing and business development plan to establish a pipeline and network of referral sources.
• Monitor pipeline and lead generation progress and provide reporting on activity as needed.

Requirements

• Maintain an active registration with the National Mortgage Licensing System.
• Proficient with lending technologies including 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 demonstrated understanding of mortgage loan procedures, policies, and products.
• Self-accountable for quality work, acting with integrity.
• Strong communication, organizational, and analytical skills.
• Ability to travel as needed.
• Ability to use various office equipment.

Pay

$60,000.00 annually, plus commission incentives for production.