Mortgage Loan Originator

About the role

Connects great people to great opportunities in banking at Fifth Third Bank. This role involves originating residential first mortgage loans for outside referrals.

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 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

Comprehensive benefits and differentiated compensation offerings are provided to support the individual needs of employees and their families, encompassing physical, financial, emotional, and social well-being.

Pay

Compensation for this position is largely incentive-based, combining incentive compensation with either a base salary or a draw to determine total cash compensation, which is based upon company, line of business, and/or individual performance.

Schedule

The schedule for this role is not specified.