Mortgage Loan Originator- Texas

About the role

Originate portfolio loans, secondary market conventional, FHA, VA and RD loans which are compliant with investor requirements and all State and Federal laws and regulations; Promote Bank products and services to existing and potential clients in the community.

Responsibilities

• Provides expert mortgage advice to potential borrowers
• Stays current with Bank's underwriting policy; Investor guidelines; Applicable State and Federal laws and regulations and Changes in other aspects of the mortgage industry
• Develops and maintains referral networks of Bank associates and external referral sources such as Realtors, Builders, friends, family and others in the community
• Manages a clean pipeline of loans in process coordinating with Processors, Underwriters and Closers on a daily basis
• Delivers all compliance documents and disclosures in a timely manner
• Takes a very complete application and collects all required documentation for verification
• Prepares the borrower(s) for the process and keeps ALL of the parties involved in the process, up to date on all important developments and current status of application
• Informs applicant of closing costs such as appraisal, credit report, and notary fees
• Coordinates the closing with the borrower(s), closing agents, Realtors and others involved in the transaction
• Interviews loan applicants to document income, debt, and credit history
• Determines if applicant meets establishment standards for further consideration
• Answers applicant's questions and asks for signature on information authorization forms
• Submits application forms to Mortgage Loan Processor for verification of application information
• Calls applicant or other persons to resolve discrepancies, such as credit report showing late payment history
• Informs applicant of loan denial or acceptance
• Keeps Bank associates up to date on changes in the industry and works as a team member with the other lines of business
• Keeps all compliance requirements up to date and maintains a working knowledge of the products and services provided by the other lines of business and Bank affiliates

Qualifications

• Bachelor’s Degree preferred
• 2 years of sales experience required
• 2 + years of Mortgage origination experience is preferred
• National Mortgage Licensing System and Registry (NMLS) registration under the SAFE Act of 2008 is required

Skills

• Knowledge of all Mortgage laws, procedures, rules, regulations, etc. on a federal, relevant state, local and bank-wide basis
• Ability to learn or knowledge of Microsoft Office products including Microsoft Word, Excel, PowerPoint and Access
• Ability to learn or knowledge of Outlook email program
• Excellent communication, analytical, customer service and organizational skills
• Ability to work effectively with all levels of personnel
• Strong presentation skills