Mortgage Loan Originator

Pre-employment background checks, including criminal records, credit reports, and drug tests, will be required. Job offers are contingent on successfully completing all pre-employment background screenings. Applicants must complete all required sections of the application. Incomplete submissions will not be reviewed or considered. 

Summary:

Develop relationships and solicits business from referral partners such as realtors, builders, credit union colleagues, attorneys andCPAs. Assesscustomer needs andrecommend appropriate mortgage products. Act asprimary contact formembers through loan closing.

Essential Duties and Responsibilities:

• Responsible for selling and cross-selling Credit Union services to current and potential members. Credit Union services are to be promoted using the "member benefit-based approach".
• Fully complies with the requirements of all Credit Union policies, including but not limited to the Bank Secrecy Act, the Patriot Act, and OFAC Policies. 
• Expected tooriginate and close theminimummonthlyvolumegoals as established in theMortgage LoanOriginatorCompensation andPerformanceAgreement.
• Provideinformation,advice, and assistance tomembers concerning real estate andconsumerprograms,budgetcounseling, consolidations, and loan extensions offered by SRP Federal CreditUnion.
• Establish a strong presence forSRP Federal CreditUnion including but notlimited to,developing relationshipswith realtors, builders, andcommunity groups.
• Attendvarious luncheons andevents to raise referral source awareness ofSRP Federal CreditUnion’smortgage products and services.
• Responsible fortaking loan applications and disclosing allterms and conditions within regulation timelines.
• Communicate clearlywithmembers on theprogress of their loan application.
• Pull credit reports formembers and reconcile the credit reportwith the application.
• Maintainworking knowledge ofmortgage software – loan processing procedures andrequirements.
• Assist in thedevelopment and updating of newmortgageprograms, processingmethods, andforms.
• Maintainmortgage loaninventory indicating thestatus of applicantssubmitted toSRP Federal CreditUnion.
• Keep abreast of thelocal real estatemarket and industry operationalchanges.RecommendsSRPFederal CreditUnionmortgage loan policychanges.
• Assistmanagement in planning andimplementingmarketing ideas and sales tactics to obtain newmembers.
• May be assigned other tasks by appropriate line supervision.

Supervisory Responsibilities:

There are no supervisory responsibilities in this position.

Qualifications

License Requirements:

Requirements of the position include successful registration with the National Mortgage Licensing System and Registry to obtain a unique NMLS identifier.  This includes, but is not limited to, successfully passing a criminal background check; a positive review of the individual’s credit reports; and a demonstration of financial responsibility, character, and general fitness that warrants a determination that they will operate honestly, fairly, and efficiently.   This position requires that the NMLS registration be successfully renewed annually and in accordance with the requirements of the S.A.F.E. Act and any implementing regulations and guidelines.

Education and/or Experience:

High School or at least two years’ experience as a mortgage loan originator with a record of success in building networks of community contacts to support loan volume goals.

Other Skills:

• Strong attention to detail and ability to perform the industry-related analysis required.
• Strong selling and communication skills.
• A good working knowledge of all aspects of real estate lending, including knowledge of all applicable laws, regulations, and programs.
• Proven ability to develop sources of mortgage loan application business.

Computer Skills:

To perform this job successfully, an individual should knowMicrosoft Office software includingWindows,Word, Excel, OutlookEmail /Calendar,andInternet Explorersoftware. Experience withEncompasssystem preferred. 

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 the job.  Regularly required to stand; use hands or fingers, touch or feel and reach with hands and arms.  Frequently required to walk, stand, stoop, kneel, crouch, or crawl.  Occasionally required to sit, climb and balance.  Frequently required to lift and/or move up to ten pounds and occasionally lift/or move up to twenty-five pounds. Regularly required to listen and interpret information received through spoken words and sentences in person and by the phone and accessed via the computer.  Regularly required to communicate information and ideas so others will understand both in person, on the phone, and via the computer. Vision requirements include close vision, distance vision, color vision, peripheral vision, depth perception, and the ability to adjust focus.