Outside Loan Originator

About the role

AnnieMac Home Mortgage is seeking Full Time External Mortgage Loan Originators to establish and nurture referral source relationships, ensuring a steady flow of loan volume from real estate brokers and other external sources. This role operates under the direct supervision of the Branch Manager.

Responsibilities

• Sell mortgage loans to customers outside of AnnieMac Home Mortgage’s places of business; office work is related and supplemental to outside sales.
• Generate new business by building and maintaining relationships with realtors, real estate agents, title and escrow officers, financial advisers, CPAs, and other relevant professionals.
• Regularly participate in mortgage sales activities, including attending closings and open houses, and conducting seminars and other lead-generating events.
• Collect and process borrower information to complete loan applications.
• Develop and sustain relationships with referral partners, such as realtors, to generate new customers.
• Analyze prospective borrowers' income and debt to pre-qualify them and determine the maximum mortgage they can afford.
• Counsel prospective borrowers on the home buying and financing process, including advising on different loan products and demonstrating how closing costs and monthly payments vary.
• Collect financial documents (e.g., tax returns, bank statements) required for the application process.
• Provide required disclosures to borrowers, such as Truth in Lending and Good Faith Estimates.
• Counsel and advise borrowers on understanding and resolving credit issues.
• Maintain regular contact with borrowers, realtors, and lenders between application and closing to update status and gather additional information as needed.
• Order legal documents and review HUD statements prior to closing.

Requirements

• Experience directly related to the mortgage industry.