Mortgage Loan Originator
About the role
We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank.
Responsibilities
- Develop referral contacts (realtors, builders, professional and personal contacts).
- Maintain knowledge of Fifth Third Mortgage Company's policies and procedures.
- Maintain knowledge of available loan products, processing procedures, and underwriting and general departmental guidelines.
- Follow defined protocol for escalation exceptions.
- Take applicant applications by completing Fannie Mae form 1003 on the laptop.
- Utilize the laptop for communication and access of daily rates, applicant credit reports, Loan Prospector responses and transmitting the loan to LOMAS.
- Collect appropriate documentation from each applicant and deliver loan package in the time frames set by management.
- Manage pipeline for all originated loans through closing and complete required management reports.
- Communicate with branches and/or applicants of providing timely updates and progress reports.
- Manage and maintain high levels of customer service while managing each applicant's and support staff's expectations.
- Attend and participate in all Consumer Lending meetings as required by management.
Requirements
High school diploma or equivalent mandatory. Four-year college degree preferred.
Skills
- Knowledge of conventional and/or government lending guidelines.
- Knowledge of residential mortgage processing, underwriting, and closing procedures.
- Knowledge of federal lending regulations governing real estate lending.
- Demonstrated organizational skills.
- Strong written and verbal communications skills.
- Demonstrated teamwork and customer service skills.
- Proven computer skills.
- Basic sales technique skills.
- Strong desire to excel in a competitive environment.
Benefits
This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS).
Pay
Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance.
Schedule
Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance.
Qualifications
The NMLS web site (mortgage.nationwidelicensingsystem.org) provides the MU4R questions and registration required for employment in this position.
Skills
- Mortgage Loan Originator
Location
Noblesville, Indiana 46060