Mortgage Loan Originator
Mortgage Loan Originator
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Position Purpose and Objectives
This position exists to provide superior quality customer service to members who are in the process of refinancing or purchasing a new home by offering a variety of loans such as Conventional Fixed/ARM Construction and Lot loans. Mortgage Loan Originators will originate all loans using various sales channels. The employee will prospect develop and maintain relationships with potential new business referral partners such as realtors builders credit union colleagues and the community at large. The employee will maintain an open line of communication with the member and/or branch personnel as all necessary paperwork and documents are being gathered. Additionally actively engages and communicates in the teambased work groups that make up the department.
Major Duties and Essential Functions:
- Provide excellent member service and develops relationships with internal and external members.
- Follow the credit unions Real Estate Lending credit program consistent with strategic initiatives governing Texas
- Home equity credit laws rules and regulations.
- Sell a broad range of credit union loan products such as Conventional Fixed/ARM first liens Jumbo (Purchase &
- Refinance) & Lot Loans.
- Communicate a thorough understanding of different loan programs and closing costs to help applicants decisioning.
- Manage a large pipeline of loans to ensure your production meets our requirements
- Take applications conducts preliminary underwriting reviews submits loan applications to processing and underwriting
- for approval.
- Drive sales through service. Achieve sales and referral goals by developing a positive member experience.
- Build a book of business by proactively seeking ways to expand customer relationships.
- Assist Lending Manager with compliance and analytical reports business communications and special projects.
- Regularly review loan process by monitoring loan status term conformity and regulatory guidelines.
- Promotes and crosssells credit union services/products that are beneficial to our members.
- Create develop and update policies and procedures.
- Achieve measurable goals and other duties as necessary to achieve the goals of the credit union and department.
- Meet with your manager (scheduled one on one) biweekly and is an active participant in team/department meetings.
- Aid in the resolution of any escalated applications.
- Presents compiled data and provides datadriven and member focused recommendations.
- Must have the ability to travel from branch to branch and to other businessrelated locations.
- Assist with managing member experience with the loan process end to end.
- Completes any other job related duties needed that reinforce Texans Credit Unions EPIC values traits and behaviors.
Positions directly supervised: None
Specific knowledge skills and abilities required for this position:
Strong and welldeveloped sales ability. Must meet and comply with all requirements set forth in SAFE Act include but not limited to successful completion of the required background checks and obtaining a Unique Identified from the NMLS. Strong knowledge in first liens and second liens with a working knowledge of Texas Home equity products construction loans and lot loans. Excellent member service skills; exceptional interpersonal presentation and oral communication skills; extensive knowledge in the areas of TruthinLending Equal Credit Opportunity Act Fair Credit Reporting Act DoddFrank TRID and Texas State Home Equity Laws as well as a supporting knowledge in market trends in Real Estate lending.
Education: Bachelors degree in Finance Economics or Business or related field or high school diploma or equivalent
Experience: Minimum 2 years of real estate mortgage origination and lending experience required. Basic knowledge of local state and federal laws (e.g. Truth in Lending & RESPA). Working knowledge of FNMA FHA VA and private investors. Ability to analyze financial information. Excellent verbal and written communication skills. Developed sales ability. Additional experience with Texas Equity laws and regulations HELOC Home Improvement and Lot loans a plus.
Employment Type
Full-Time
