CRA Mortgage Loan Originator - Springfield

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 the status of loan.
• Communicates, verifies, and facilitates the pricing and locking of loans with the secondary market team/Lock desk.
• Maintains awareness of changes to internal and secondary market lending standards and practices.
• 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.
• The MLO must understand the Bank’s internal lending standards as well as regulatory requirements.
• Regularly contacts and solicits business from their own database, 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 awareness of 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 function satisfactorily.
    • The requirements listed above are representative of the knowledge, skill, and/or ability required.
    • Any physical demands or work conditions described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
    • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

      Pay

      Compensation And Variable Pay Dependent On Experience.