14 Mortgage Loan Originator Jobs in Colorado, CO
Herring Bank is Hiring a Mortgage Loan Originator Near Colorado, CO
| CATEGORY: | Full Time | LOCATION: | Colorado Springs
| SHIFT: | Monday–Friday, some Saturdays, flexible schedule; typically, between 8:00 AM and 5:00 PM | REPORTS TO: | Residential Mortgage Loan Manager
SummaryThe Mortgage Loan Originator is the primary company representative to the real estate community. The objective is to develop referral relationships among the professional community including realtors, homebuilders, accountants, attorneys, home improvement contractors, other lenders, credit unions, and community development agencies. This position is responsible for obtaining outside leads and does not depend solely on leads provided by Herring Bank. This position facilitates individual applications and acts as a liaison between processing, underwriting, closing, and the borrower.
Essential Duties
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Developing a specific client base
- Weekly distribution of rates and programs to clients
- Meet with Sales Managers, Referral Partners to promote awareness of company products
- Regular attendance of realtor and builder open house events
- Meet with applicants to obtain information for loan applications and to answer questions about the process.
- Analyze the applicant’s financial status, credit, and property evaluation to determine the feasibility of granting the loan.
- Explain to customers the various types of loans and credit options that are available, as well as the terms of those services.
- Obtain and compile copies of loan applicant’s credit history, financial statements, and property information.
- Assure complete application is submitted in compliance with company guidelines
- Correctly communicate lock-in of interest rates with borrower, company, and investor/secondary marketing.
- Perform weekly status checks on all cases in process and report progress to all interested parties.
- Participate in coordinating closings/settlements with borrowers/agents/title-escrow companies.
- Must be organized, self-motivated, and team player
- Ability to operate a personal computer
- Foster teamwork in the branch to ensure a positive overall customer experience and positive work environment.
- Answer telephones, answer questions, and direct callers to proper Bank personnel
- Participate in bank training to enhance the skill set and meet compliance requirements.
- Punctuality and good attendance are imperative
- Cross-sell the Bank's other products and services, referring customers to appropriate staff as indicated
- Non-Exempt - Ability to work your schedule up to 40 hours with little or no overtime and complete tasks assigned.
Must be able to pass a background and credit check
- High School Diploma or equivalent with 5 years of experience in Sales or Account Management experience, required. Associates Degree with at least 3 years of Sales or Account Management experience or Bachelors degree, preferred.
- Ability to learn systems quickly
- Ability to create business connections and grow your portfolio
- Current NMLS, or the ability to obtain an NMLS within 60 days.
- Must be organized, self-motivated, and team player
- Excellent social and networking skills to support the community bank image
- Complete in-house training based on requirements set up for this position
- Proven ability to provide an Excellent Customer Experience
- Basic skills in computer terminal and personal computer operation; word processing and spreadsheet software.
- Effective oral, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions and instruct others, interpret documents, understand procedures, write reports and correspondence, speak clearly to customers and employees.
- Ability to maintain confidentiality at all times
- Ability to work with minimal supervision while performing duties.
- Ability to deal with routine problems involving multiple facets and variables.
- Must follow company policies, all state, and federal laws, regulations, and guidelines
- Current driver's license and a vehicle with appropriate insurance coverage are required to drive in the course of performing assigned duties and responsibilities.
Secondary Duties
The position of Mortgage Loan Originator performs duties specific to the position and other functions as assigned.
Supervisory Responsibilities
The position of Mortgage Loan Originator has no supervisory responsibility.
Environment and Physical Activity
The environment for this position is an open office that is mostly clean and comfortable and includes driving a Bank or personal-owned vehicle up to 50% of the time which includes exposure to the outside weather elements and moving mechanical parts. It may include some minor annoyances such as noise, odors, drafts, etc. The incumbent is in a non-confined office-type setting in which he or she is free to move about at will.
The incumbent in the course of performing this position spends time writing, typing, speaking, listening, lifting (up to 10 pounds), driving, seeing (such as close, color, and peripheral vision, depth perception, and adjusted focus), sitting, pulling, walking, standing, and reaching.
The incumbent in the course of performing this position spends time writing, typing, speaking, listening, lifting (up to 10 pounds), carrying, seeing (such as close, color, and peripheral vision, depth perception, and adjusted focus), sitting, pulling, walking, standing, squatting, kneeling and reaching.
The incumbent for this position may operate any or all of the following: telephone, copy, and fax machines adding machine (calculator), computer terminal, personal computer, and related printers
Mental Demands
The incumbent in this position must be able to accommodate reading documents or instruments, detailed work, problem-solving, customer contact, reasoning, math, language, presentations, verbal and written communication, analytical reasoning, stress, multiple concurrent tasks, and constant interruptions.
MEMBER FDIC – EQUAL OPPORTUNITY EMPLOYERThis is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements, or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other and/or different tasks be performed as assigned.
Job Summary
Full Time
Banking
$64k-89k (estimate)
06/16/2024
07/13/2024
herringbank.com
AMARILLO, TX
100 - 200
1899
C CMPBELL BURGESS
$10M - $50M
Banking
Related Companies
About Herring Bank
Herring Bank is a full-service Bank operating across three states. As a community bank we are committed to connecting in three key areas: Our Customers Our Communities Our Employees Herring has made its reputation for nearly 125 years by serving businesses and is one of the largest commercial lenders in the Texas Panhandle and beyond. From there we have branched out and diversified so that we are now offering a full line of services and products for businesses and individuals including: Checking and Savings Mortgages Personal and Auto Loans Wealth Management Business Services (Treasury Managem...ent, credit processing, employee pay cards, and more) CDs Online and Mobile Banking including remote deposits Services for College Students and College Campus And the list keeps going and growing Along the way, we have also become one of the top locations to work in Colorado, Oklahoma, and our home state of Texas. We have developed this reputation by investing in our employees, promoting from within, and of course and an excellent package of pay and benefits. Above all that, from the top down, our bank and our people are committed to, and connected with, our communities. Our people have an inherent desire to serve. Whether it is in the bank lobby, behind the teller line, or in one of the myriad organizations and causes we support corporately and individually service to you and the towns we call home is just a way of life. As a business, a customer, a community, or an organization, connect with THE bank that is connected to you. Herring Bank. Connected.
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The job skills required for Mortgage Loan Originator include Mortgage Loans, Underwriting, Products and Services, Presentation, Written Communication, Problem Solving, etc. Having related job skills and expertise will give you an advantage when applying to be a Mortgage Loan Originator. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Mortgage Loan Originator. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Mortgage Loan Originator positions, which can be used as a reference in future career path planning. As a Mortgage Loan Originator, it can be promoted into senior positions as a Mortgage Loan Officer III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage Loan Originator. You can explore the career advancement for a Mortgage Loan Originator below and select your interested title to get hiring information.
If you are interested in becoming a Mortgage Loan Originator, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Mortgage Loan Originator for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Mortgage Loan Originator job description and responsibilities
Mortgage loan officers also collect and verify all required financial documentation from applicants.
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This person helps the home buyer or refinancer choose a loan, and understand all the rates and terms associated.
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Experienced originators learn the field and know how the system works.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Mortgage Loan Originator jobs
Good loan originators typically work hard to develop new business opportunities whenever possible.
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Monitor the application process.
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Loan Officers Genuinely Help People.
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Three to five years experience as a Real Estate Loan Originator.
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Step 3: View the best colleges and universities for Mortgage Loan Originator.
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