LikeRemoteSr. Mortgage Loan Originator
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GENERAL FUNCTION:
Performs a wide range of duties relating to the origination of residential 1st mortgage loans. Meets standards and objectives defined by management for mortgage loan sales and One Bank partnership objectives. Assumes overall responsibility for the residential
mortgage loan from application to closing. Works in conjunction with sales leadership to develop assigned Mortgage Loan Consultant while educating said Mortgage Loan Consultant on all aspects of the mortgage loan business. (Senior MLO must be aligned with Mortgage Loan Consultant to have Senior designation.).
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies andprocedures as defined. Accountable for always doing the right thing for customers and colleagues and ensures that actions and behaviorsdrive a positive customer experience. Whileoperating within the Bank’s risk appetite, achieves results by consistentlyidentifying, assessing,
managing, monitoring, and reporting risks of all types.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Developsustainable and consistentreferralrelationships (realtors, builders, professional and personal contacts).
Maintain knowledge of Fifth Third Mortgage Company's policies andprocedures,available loan products, processing procedures, and underwriting and general departmental guidelines. Completes all required training on time.
Works with senior leadership to develop coach and train assignedMortgage Loan Advisor on behaviors and activitiesrequired to development and sustain internal and external referral sources.
Works with senior leadership to educateMortgage Loan Advisor on all aspects and components of the mortgage loan originator position.
This would include, but not limited to, agency and portfolio guidelines, processing, underwriting, closing, and pricing procedures.
Work with senior leadership to helpMortgage Loan Advisor master skillsetrequired tofacilitate the loan from origination through closing.
Follow defined protocol for escalation exceptions.
Takeapplications by completing URLA on laptop.
Utilizeavailable technology and support for communication and access of daily rates, applicant credit reports, origination of loan files and uploading of files to operations to the fullest.
Collectappropriate documentation from applicant(s) and deliver loanpackage in thetime frames set by management.
Managepipeline for all originated loans through closing and complete required management reports.
Communicate with branches and/or applicants of providingtimely updates andstatus reports.
Maintainhigh levels of customer service while managing each applicant's andFifth Third expectations.
Attend andparticipate inall Mortgage andConsumer Lendingsalesmeetings, calls andtraining as required by management.
Collect application fees on loan applications per policy.
Participate in One Bank makingappropriate referrals to other lines of business.
MINIMUM KNOWLEDGE AND SKILLS REQUIRED:
High school diploma or equivalent mandatory. Four-year college degree preferred.
3-5years of origination experience at Fifth Third, or similar institution preferred.
Top25% in closed loan production or units in theprior calendaryear preferred in addition toa proventrack record of exceptional performance such as top tier score-card performance.
Consistentlydemonstratesadvancedproficiency and adoption of Total Expert and other origination/lead generation systems.
Knowledge of conventional and/or government lending guidelines.
Knowledge of residential mortgage processing, underwriting, and closing procedures.
Knowledge of federal lending regulations governing real estate lending.
Demonstrated organizational skills.
Strong written and verbal communications skills.
Demonstrated teamwork and customer service skills with a passion for helping to developand trainentry leveltalent
Proven computer skills.
Basic sales technique skills.
Strong desire to excel in a competitive environment.
This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System
(NMLS). The NMLS web site (mortgage.nationwidelicensingsystem.org) provides the MU4R questions and registrationrequired for employment in this position.
At Fifth Third, we understand the importance of recognizing our employees for the role they play in improving the lives of our customers, communities and each other. Our Total Rewards include comprehensive benefits and differentiated compensation offerings to give each employee the opportunity to be their best every day.
Compensation for this position is largely incentive-based. Incentive compensation is combined with either a base salary or a draw to determine total cash compensation, and incentive compensation is based upon company, line of business and/or individual performance. More information can be obtained upon request.
Our extensive benefits programs are designed to support the individual needs of our employees and their families, encompassing physical, financial, emotional and social well-being. You can learn more about those programs on our 53.com Careers page at:https://www.53.com/content/fifth-third/en/careers/benefits.html or by consulting with your talent acquisition partner.
LOCATION -- Nashville, Tennessee 37208Attention search firms and staffing agencies: do not submit unsolicited resumes for this posting. Fifth Third does not accept resumes from any agency that does not have an active agreement with Fifth Third. Any unsolicited resumes – no matter how they are submitted – will be considered the property of Fifth Third and Fifth Third will not be responsible for any associated fee.
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.