Mortgage Loan Originator

Hello, I am Michael Child, VP Mortgage Sales Manager at the Bank of Utah. Founded in 1952, Bank of Utah is one of Utah's largest, privately owned community banks. Nasdaq ranked us Best Bank in Utah for 2025! Here we strive to unlock the potential of our team members, clients, and community. We act with integrity in every decision, build trust through every interaction, and exceed expectations at every opportunity. We seek to responsibly create lasting prosperity today and for generations to come.

We are currently looking for experienced Mortgage Loan Originators to work in our various offices throughout the State. They are responsible to originate permanent FHA, VA, conventional, and construction, residential mortgage loans and participate in related business development activities.

Job Qualifications:

• Minimum of three years of Mortgage Origination experience
• Familiarity with Microsoft Office suite (Outlook, Excel, and Word)
• Must be able to handle stress of meeting deadlines
• Must be able to work at a high level of productivity without supervision
• Customer Service
• Communication
• High attention to detail

Benefits of Working with Us:

Bank of Utah's comprehensive benefits package includes:

• Great work-life balance, with a Monday-Friday schedule
• Competitive pay and benefits, including medical, dental and vision plans
• 401(k) plan and match up to 5 percent, plus opportunities to participate in our employee stock ownership program (eligibility requirements must be met)
• 12 paid bank holidays + paid time off
• Volunteer opportunities to make a difference in the communities where you work and live
• Awards and recognition to celebrate you and your colleagues for living the bank's values

 Regular Duties and Responsibilities:

• Originates permanent single-family residential FHA, VA, conventional, and construction mortgage loans and participates in related business development activities. Solicits residential first mortgages through contacts with realtors, builders, and developers.  Provides service to customers and prospective customers seeking residential mortgage loans. 
• Receives, reviews, and process applications. Interviews applicant to develop information concerning their needs, desires, and earnings to assist in determining whether the loan will be an acceptable risk; obtains and analyzes pertinent financial and credit data.  Acquaints applicants with their rights and responsibilities pertaining to the loan application.  Follows current loans to ensure compliance with terms.
• Markets Bank of Utah Mortgage services and customer relationships that will generate mortgage lending activity for the Bank.
• Adheres to all procedures and applicable federal, state, and local laws, regulations, rules, and ordinances. Such as the Equal Credit Opportunity Act (ECOA), the Fair Housing Act (FHA), and the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE).
• Must register with the National Mortgage Licensing System and Registry (NMLS) within 90 days of employment and maintain that registration and adhere to the tenets of the SAFE Act in properly displaying and notifying clients of their NMLS registry identification number.
• Arranges for title searches and obtains necessary documents.
• Ensures the preparation and processing of forms and legal documents required for residential loans. Assures that loan package is complete and presents file to the loan committee for approval or denial.  Explains credit policies and obtains additional loan information/documentation.
• Ensures that the necessary documentation is received in a timely manner to accurately calculate the commissions due to the Loan Officer.