Mortgage Loan Originator
Mortgage Loan Originator
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
GENERAL DESCRIPTION OF POSITION
The Mortgage Loan Originator solicits residential first mortgages through contacts with Realtors builders and developers. Interview loan applicants and make credit decisions. The MLO is responsible for handling referrals and developing referral contacts within the bank region.
ESSENTIAL DUTIES AND RESPONSIBILITIES
1. Work with assigned branch office to ensure awareness of home loan products.
2. Handle referrals from branch office and provide appropriate followup.
3. Develop referral contacts (realtors builders professional and personal contacts).
4. Analyze financial data to determine creditworthiness.
5. Maintain knowledge of available loan products processing procedures and underwriting guidelines.
6. Take borrower applications.
7. Utilize communication and access of daily rates credit reports and DU responses and transmitting to processor.
8. Collect appropriate documentation from each applicant and deliver loan package to processor in a timely manner.
9. Maintain high levels of customer service while managing each applicants and support staffs expectations.
10. Attend and participate in all lending meetings as required.
11. Complete BSA/AML training and other compliance training as necessary.
12. Perform any other related duties as required or assigned.
Requirements
QUALIFICATIONS
To perform this job successfully an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge skill and/or ability required.
EDUCATION AND EXPERIENCE
Broad knowledge of such fields as accounting marketing business administration finance etc. Equivalent to a four year college degree plus 4 years related experience and/or training and 2 years related management experience or equivalent combination of education and experience.
COMMUNICATION SKILLS
Ability to read analyze and understand general business/company related articles and professional journals; Ability to speak effectively before groups of customers or employees.
MATHEMATICAL SKILLS
Ability to calculate figures and amounts such as discounts interest commissions proportions percentages area circumference and volume. Ability to apply concepts such as fractions ratios and proportions to practical situations.
CRITICAL THINKING SKILLS
Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written oral or diagram formats.
REQUIRED CERTIFICATES LICENSES REGISTRATIONS
Not indicated.
PREFERRED CERTIFICATES LICENSES REGISTRATIONS
Not indicated.
SOFTWARE SKILLS REQUIRED
Intermediate: 10Key Accounting
RESPONSIBILITY FOR WORK OF OTHERS
The level of direct supervisory responsibility for the assignment of job duties training leadership guidance needs of employees hiring terminating and/or direction of the effort of others. Scoring will depend upon the number and classification of people normally supervised or directed and the scope of complexity of the operations involved in the supervisory responsibility. (Job classification which involves no supervision will not be assigned a point value for this factor.) No supervision. Supervises the following departments:
WORKING CONDITIONS
Somewhat disagreeable working conditions. Continuously exposed to one or two elements such as noise intermittent standing walking; and occasional pushing carrying or lifting.
ENVIRONMENTAL CONDITIONS
The following work environment characteristics described here are representative of those an employee encounters while performing 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.
PHYSICAL ACTIVITIES
The following physical activities 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 and expectations. Semirepetitive low physical. Semirepetitive type work which requires periods of concentration for varied time cycles as prescribed by the tasks. While performing the functions of this job the employee is frequently required to sit; and occasionally required to stand walk stoop kneel crouch or crawl. The employee must occasionally lift and/or move up to 10 pounds.
ADDITIONAL INFORMATION
Not indicated
Employment Type
Full-Time
