Mortgage Originator - $45,000 + Commission

Role

This position is responsible for identifying, developing, and maintaining a solid network of business relationships that provides a continuous source of referrals for new mortgage lending opportunities. This network may consist of Real Estate professionals, builders/contractors, business development opportunities and community resources. To assist members with their mortgage lending needs: analyze loan requests and make recommendations to underwriter to assist with the credit decisions based on mortgage lending policy.

Essential Functions & Responsibilities

• Markets the Credit Union’s mortgage lending program to companies and individuals within the real estate community.
• Interviews applicants and determines the mortgage product that best fits the members’ needs while following the credit union policies and procedures and the mortgage regulations.  
• Analyzes supporting documentation supplied by the member (pay stubs, W2s, tax returns, real estate taxes, insurance, etc.) Obtains credit files and LP feedback certificate and reviews to determine credit quality and provides recommendation to the underwriters for a decision.
• Origination will work closely with the Mortgage Processors and Underwriters to ensure completion of the loan.
• Cross-sells other Credit Union services.
• Ability to work in a team environment as well as independently
• Ability to use office technology such as a computer, internet, email, and other office related software
• Ability to work in an office environment for at least 8 hours per day
• Performs other job-related duties as assigned

Performance Measurements

• To achieve sales goals by effectively promoting credit union products both within and outside the credit union.
• To maintain knowledge of all mortgage products and rates, both within the credit union and Freddie Mac, and be proficient in use of Loan Prospector.
• To ensure accuracy of all credit documentation and to submit the loan application to the loan processor in a timely manner.
• To call applicants or other persons to resolve discrepancies, in a timely manner, of any problems.
• To ensure all loan denials or acceptances comply with credit union and regulatory procedures and policies.
• To maintain a professional., courteous, and friendly atmosphere for members and co-workers.

Knowledge & Skills

Experience                         Two years to five years of similar or related experience

Education                           (1) a two-year college degree or (2) completion of a specialized course of study at a business or trade school or (3) completion of a specialized and extensive in -house training or apprenticeship program.

Interpersonal Skills            A significant level of trust and diplomacy is required, in additional to normal courtesy and tact. Work involves extensive personal contact with others and/or is usually of a personal or sensitive nature. Work may involve motivating or influencing others. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary.

Other Skills                        Must have good communication skills; 10-key calculator and keyboard skills required.

Physical Requirements      The physical requirements 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. While performing the duties of this job, the employee is frequently required to sit; talk; or hear. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; and stoop; kneel; or crouch. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision and depth perception.

This Job Description is not a complete statement of all duties and responsibilities comprising the position.

Superior Choice Credit Union is your friendly local financial institution, serving communities for the past 92 years. SCCU gleefully employs over 150+ team members, dedicated to providing superior service to over 40,000 credit union members across 12 branches in the Wisconsin/Minnesota area. Learn more at superiorchoice.com.