Mortgage Loan Originator

Salary

Annual Salary: $33,280 (representative of a draw)

Primary Responsibility

The Mortgage Loan Originator (MLO) is responsible for proactively soliciting new residential mortgage business and selling GRB mortgage products to meet established loan quality and production goals while delivering the GRB Experience to our clients.

Essential Functions

• Identify, develop, and maintain a quality network of business relationships that serve as a recurring source of referrals for new mortgage lending opportunities.
• Respond to customer inquiries and referrals generated from both their own contacts and from other GRB business channels.
• Meet with prospective loan applicants to evaluate home financing needs, explain the available financing options, and provide assistance to the customer.
• Perform and document complete interviews with applicants while obtaining and providing all required documentation as applicable to the sales process.
• Enter all application information into the underwriting system.
• Ascertain that pricing deals and rate quotes are in accordance with the GRB compliance program.
• Prequalify and prepare closing estimates.
• Provide excellent customer service involving residential real estate loan processing.
• Accurately document borrower’s credit file.
• Assure proper maintenance of information in Credit and Legal Documentation Files.
• Follow loans from application to closing; follow up on appraisal and underwriting conditions.
• Regularly provide updates to borrower, attorneys, and realtors involved in the transaction.
• Cross-sell Bank products, or refer to a Relationship Manager when appropriate.
• Establish and/or maintain customer Media Center database files.
• Keep up to date on Bank Policies, Laws, and Regulations that govern residential mortgage lending.

Education and Experience

• Associate’s degree (or equivalent experience) required;
• Bachelor’s degree in business related discipline highly preferred;
• 3+ years of mortgage origination and/or processing experience required;

Competencies

• Provide a remarkable client experience;
• Greet clients with warmth, genuine interest, and a smile;
• Lead by example;
• Identify current or potential problems, take ownership, and see them through to resolution;
• Act as a unified team;
• Possess strong interpersonal skills including the ability to proactively communicate with and help others, within and across departments;
• Ability to work independently;
• Seek and incorporate feedback on your performance from management, coworkers, and clients;
• Demonstrated PC literacy;
• Strong attention to detail and organizational skills.

Physical Demands

• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• The work environment is indoor and climate controlled.

Work Environment

• The work environment is indoor and climate controlled.

Equal Opportunity

Genesee Regional Bank is an equal opportunity organization. We recruit, employ, train, compensate, and promote without regard to race, religion, color, national origin, age, sex, disability, veteran status, or any other basis protected by applicable federal, state, or local law.