Mortgage Loan Originator

Job Title: Mortgage Loan Originator

Department: Mortgages

Reports to: Mortgage Sales Manager

Hours per Week: Salary Exempt

Rate of Pay: Base Salary Plus Commission 

Position Summary:

To assist members with their mortgage lending needs: analyze loan requests and make credit decisions based on mortgage lending policy.

Essential Function and Responsibilities:

• Reviews and evaluates information on mortgage loan documents to determine if buyer, property, and loan conditions meets approval based on loan application and requests additional information.  
• Take thorough loan applications and ensure a high-quality of work, absent of errors, omissions, and audit exceptions
• Prospect daily  
• Develop strategic business partners to create a strong referral network
• Build relationships with current and new members and provide them with products and services to meet their changing needs
• Exceed customer service expectations
• Coordinate all aspects of the mortgage application process to include preparing initial Loan Estimate
• Communicate effectively with peers, colleagues, and management
• Meet monthly production goals set forth by the company
• Responsible for engaging in marketing and promotional activities in support of sales goals
• Cross-sells other Credit Union services
• Markets the Credit Union's mortgage lending program to companies and individuals within the real estate community
• Stay informed of current market trends, loan programs, credit union policies and procedures and all regulatory requirements as it relates to real estate lending
• Comply with all mortgage laws and regulations
• Provide SPARK! Service Standards to all members and team members to ensure the highest level of member satisfaction
• Comply with all federal and state laws and regulations including the Bank Secrecy Act, Patriot Act, Office of Foreign Asset Controls, FCRA, FDC and Graham Leach-Bliley.  
• May perform other job related duties as assigned.

Qualifications, Skills and Abilities:

• 5 or more years of Mortgage Loan Origination experience with a proven track record of achieving production results
• Strong analytical skills with the ability to make sound decisions
• Ability to manage time and workload independently through organization and efficiency
• Ability to adhere to internal policies as well as external policies and regulations set forth by the NCUA
• Self-motivation with the ability to effectively prioritize work
• Ability to learn new tasks, processes and change quickly and efficiently
• Must be able to operate all basic office equipment
• Must comply with all federal and state laws and regulations including the Bank Secrecy Act, Patriot Act, Office of Foreign Asset Controls, FCRA, FDC and Graham Leach-Bliley.  

Interpersonal Skills:

• Courtesy, tact, and diplomacy are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.

Education: 

• Associates degree or higher preferred but not required 

Mathematical Skills

• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume
• Experience in Microsoft Excel calculations 

Reasoning Abilities

• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables

Certifications, Licenses

• Must be bondable. 
• Internal annual compliance testing required

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• The noise level in the work environment is usually moderate
• May be required to travel for instructional/educational seminar
• Traveling may be required for prospects

This job Description is not a complete statement of all duties and responsibilities comprising this position.