Mortgage Loan Originator

About the role

Elevations is a member-owned not-for-profit financial institution committed to providing unbiased consumer information and focusing on creating consumer solutions. Founded in 1952, we serve Colorado’s Front Range and have grown to 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.
• Remains front line contact with customers and realtors to ensure that documents required for processing, underwriting, and closing are secured in a timely manner.
• 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).

Requirements

The salary for this position is 100% commission. This role does not have supervisory responsibility.

Qualifications

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

Skills

Knowledge of mortgage lending practices, excellent communication skills, ability to work independently, and proficiency with computer software.

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, and 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.

Location

Elevations Credit Union Boulder Diagonal Branch.