Mortgage Loan Originator

NY0705 NY Region Business Office Job Description The Mortgage Loan Originator is responsible for proactively soliciting new residential mortgage business through internal and external sources in an assigned geographic area. This individual will participate in business related development opportunities, professional organizations, and community efforts to promote homeownership. Essential Functions Ensure exceptional customer service experience throughout the loan origination process.Interact with other team members and other departments in a professional mannerSubmit complete credit applications with supporting documentationDevelop and maintain successful relationships with internal and external referral sourcesProspect new mortgage lending opportunitiesFacilitate communication activities with customers and referral sources during loan origination processReview applications, credit files, and customer qualifications to determine appropriate loan products and pricingCounsel and coach loan applicants to assist them towards their goals and to deliver the best loan products for their needsRequest timely loan rate locks for Secondary MarketingMaintain up-to-date knowledge of loan products including conventional, portfolio, FHA,VA, USDA-Rural Housing programs and secondary market rulesAchieve production and quality goalsCross-sell other Northwest products and services to loan applicantsEnsure compliance with Northwest’s policies and procedures, and Federal/State regulationsNavigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiencyWork as part of a teamWork with on-site equipmentEnsure compliance with third party agencies and vendors Qualifications High School Diploma preferredNMLS Registry Per the SAFE Act, annual renewal as a condition of employment Upon Hire3 - 5 years Mortgage origination or sales experience preferredAbility to successfully meet production and quality goalsKnowledge of banking industry laws, regulations, and the retail origination processKnowledge of conventional, government loan products and guidelines including Fannie Mae, Freddie Mac, FHA, USDA-Rural Housing and VA loansKnowledge of Ellie Mae-Encompass Loan Origination software, Freddie Mac – Loan Product Advisor and Optimal Blue pricing engineKnowledge of retail mortgage loan pricingSales skills with the ability to turn prospects into customersStrong networking and organizational skillsAbility to work collaboratively and manage multiple deadlines and priorities The base salary plus commission for this position is generally $63,000-$90,000 per year. Actual pay is based on various factors including but not limited to the successful candidate’s experience, skills, and knowledge. Additional bonus earning opportunities and benefits are also available. Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.