Mortgage Loan Originator

About the role

As a Mortgage Loan Officer, you'll be responsible for originating first mortgage loans and developing relationships with referral partners to support new business growth. Your role will involve working independently, spending a significant portion of your time outside the office engaging with clients and referral partners. You’ll ensure smooth loan transactions by overseeing each step and communicating effectively with all parties involved.

Responsibilities

• Originate first mortgage loans for sale to the secondary market and meet individual annual sales goals, aligned with office sales targets.
• Develop and maintain a referral network through prospecting, cold-calling, networking, and participating in community outreach efforts that promote First Western and homeownership.
• Spend more than 50% of your working time away from the office engaging in activities to solicit new mortgage loan business.
• Provide exceptional customer service by managing loan transactions through processing and closing, and effectively communicating updates to all parties, including Realtors and referral partners.
• Respond to all inquiries and referrals within 24 hours.
• Present complete loan applications and supporting documentation to the operations team within 72 hours.
• Complete initial and subsequent loan disclosures with accuracy and in compliance with TILA, RESPA, and MDIA regulations.
• Meet volume goals as set by the sales management team.
• Attend all sales meetings and complete required training.
• Stay up to date with mortgage regulations, policies, and procedures, ensuring compliance with all applicable laws.
• Protect First Western Trust and its clients by utilizing security measures to prevent fraud and theft of assets or information.
• Participate in periodic fraud and loss prevention training and adhere to best practices to protect company assets and information.

Requirements

• Bachelor’s degree or equivalent work experience.
• 1-3 years of recent residential mortgage lending experience within a bank environment.
• Proficient in Microsoft Office Suite, with a strong understanding of CRM tools, loan origination systems, and loan pricing engines.
• Solid understanding of mortgage regulatory requirements, including the SAFE Act, Dodd-Frank, HMDA, TILA, RESPA, ECOA, Fair Lending, and the Fair Housing Act.
• Proven ability to cultivate and maintain a quality referral network through prospecting, networking, and community outreach.
• Strong analytical skills with the ability to analyze complex financial data and income calculations.
• Ability to manage loan transactions from processing through closing, providing excellent customer service and communication.
• Detail-oriented with the ability to work independently and collaboratively within an operations team.
• Ability to work on complex issues, exercising judgment in selecting methods, techniques, and evaluation criteria for obtaining results.
• Ability to meet critical deadlines and work in a paperless environment.
• NMLS required upon hire.

Qualifications

• Bachelor’s degree or equivalent work experience.
• 1-3 years of recent residential mortgage lending experience within a bank environment.
• Proficient in Microsoft Office Suite, with a strong understanding of CRM tools, loan origination systems, and loan pricing engines.
• Solid understanding of mortgage regulatory requirements, including the SAFE Act, Dodd-Frank, HMDA, TILA, RESPA, ECOA, Fair Lending, and the Fair Housing Act.
• Proven ability to cultivate and maintain a quality referral network through prospecting, networking, and community outreach.
• Strong analytical skills with the ability to analyze complex financial data and income calculations.
• Ability to manage loan transactions from processing through closing, providing excellent customer service and communication.
• Detail-oriented with the ability to work independently and collaboratively within an operations team.
• Ability to work on complex issues, exercising judgment in selecting methods, techniques, and evaluation criteria for obtaining results.
• Ability to meet critical deadlines and work in a paperless environment.
• NMLS required upon hire.

Skills

• Excellent customer service skills.
• Strong analytical and problem-solving abilities.
• Effective communication and interpersonal skills.
• Ability to manage multiple tasks and prioritize responsibilities.
• Knowledge of mortgage regulations and compliance.
• Proficiency in Microsoft Office Suite and CRM tools.

Benefits

• Commission-Only compensation structure with strong earning potential.
• 401(k) plan with employer match.
• Paid parking and transportation benefits.
• Comprehensive health and wellness benefits, including: Health savings accounts (HSA), Flexible spending accounts (FSA), Medical, dental, and vision coverage, Generous paid time off and bank holidays.
• A culture of collaboration, continuous improvement, and shared success.

Pay

Commission-Only compensation structure with strong earning potential.

Schedule

Full-Time Exempt.