Mortgage Loan Originator

POSITION OVERVIEW

The Mortgage Loan Originator (MLO) will be responsible for generating and managing a pipeline of mortgage loan applications, guiding clients through the home financing process, and ensuring compliance with all regulatory requirements. The ideal candidate will have a strong sales background, in-depth knowledge of mortgage products, and a commitment to providing excellent customer service.

POSITION RESPONSIBILITIES

• Develop and maintain relationships with real estate agents, builders, and other referral partners to generate mortgage loan leads.
• Meet with prospective borrowers to assess their financial situation and educate them on mortgage options.
• Guide clients through the mortgage application process, gathering necessary documentation and ensuring timely submission.
• Analyze applicants' financial status, credit, and property evaluations to determine loan eligibility.
• Stay up to date with lending regulations, policies, and market trends to provide clients with accurate information.
• Work closely with underwriters, processors, and other team members to ensure a smooth and efficient loan approval process.
• Achieve or exceed established sales goals and performance metrics.
• Ensure all loan transactions comply with federal, state, and company lending guidelines.
• Perform other duties as assigned.
• Comply fully with all Bank policies and procedures as well as all regulatory requirements (e.g. Bank Secrecy Act, Anti-Money Laundering, Code of Conduct, and etc.). Must complete all required training

SKILLS / QUALIFICATIONS

• Must be licensed as a Mortgage Loan Originator (MLO) under the Nationwide Mortgage Licensing System (NMLS).
• Strong sales and negotiation abilities.
• Excellent verbal and written communication skills.
• Ability to analyze financial documents and credit reports.
• Detail-oriented with strong organizational skills.
• Proficiency in loan origination software and CRM systems.

EDUCATION / EXPERIENCE

• 3 years of experience in mortgage lending, sales, or a related field preferred.
• Bachelor's degree in finance, business, economics, or a related field preferred. Equivalent experience in mortgage lending or sales will also be considered.
• Expert-level knowledge of overall mortgage lending processes, including underwriting, funding, and loan processing.
• Expert-level knowledge of valid documentation related to the processing of consumer mortgage applications (e.g., tax returns, financial statements and records, verification of income and deposits, etc.).
• Expert-level knowledge of underwriting and lending compliance regulatory requirements; detailed knowledge of federal, state, and regulatory requirements/guidelines related to consumer mortgage lending and internal processes and controls.