Mortgage Loan Originator

About the role

Elevations is a member-owned not-for-profit financial institution committed to providing unbiased consumer information and moving away from a product-centered business model. Founded in 1952, we serve Colorado's Front Range and manage over $3 billion in assets.

Responsibilities

• Interviews and assists members.
• Inputs loan applications into on-line loan system.
• Maintains on-line queue of member originated loans.
• Reviews files for completeness and accuracy.
• Communicates with loan processor/closer regarding any outstanding items and/or additional documentation needed.
• Requests additional information.
• Communicates terms and conditions of an approved loan and reviews with member.
• Delivers Good Faith Estimate/ TIL disclosures within 72 hours of application date.
• Assists with processing and loan closing coordination with member.
• Cross-sells other credit union services.
• Keeps informed of current trends in mortgage lending and market factors affecting mortgage lending.
• Adheres to all applicable Federal and State laws and regulations governing the Credit Union, including the Bank Secrecy Act (BSA).
• Reports to: Mortgage Sales Manager
• Manages: This role does not have supervisory responsibility

Requirements

Equivalent to a two-year college degree or completion of a specialized course of study at a business or trade school. Minimum of two years' experience in Mortgage Loan Officer role in similar organization.

Qualifications

• Experience with FNMA Desktop Underwriter, FHLMC, FHA, and VA, PC Lender and Mortgage processing systems desired.

Skills

None specified in the job posting.

Benefits

Highly competitive commission-based pay structure (with no cap!). 6 weeks fully paid parental leave. Paid board affiliations and memberships. Personalized onboarding through our Mortgage Sales Concierge. In-house underwriters and closers. Dedicated marketing support from our business development team and a mortgage CRM (Jungo and Bombomb). Access to over 300 Colorado real estate events, seminars, and activities that we attend, sponsor, or host each year. Relationship processing – a unique team approach to efficiently processing loans. Ample opportunity to learn, develop and grow with access to LinkedIn Learning, career and leadership development programs, job shadowing, a mentor program, and tuition reimbursement up to $5,250/year.

Pay

Unlimited earning potential based on performance and production.

Schedule

Full time / 40 hours per week

Benefits

Includes: Highly competitive commission-based pay structure (with no cap!), 6 weeks fully paid parental leave, paid board affiliations and memberships, personalized onboarding through our Mortgage Sales Concierge, in-house underwriters and closers, dedicated marketing support from our business development team and a mortgage CRM (Jungo and Bombomb), access to over 300 Colorado real estate events, seminars, and activities that we attend, sponsor, or host each year, relationship processing – a unique team approach to efficiently processing loans, ample opportunity to learn, develop and grow with access to LinkedIn Learning, career and leadership development programs, job shadowing, a mentor program, and tuition reimbursement up to $5,250/year.

Pay

Salary for this position is 100% commission.

Location

Elevations Credit Union Longmont LPO

Classification

Exempt