Mortgage serp_jobs.h1.location_city

Description

GENERAL SUMMARY :

A Mortgage Loan Originator I (MLO) provides professional financial services to the public exclusively related to financing the purchase of residential real property and the refinancing of existing mortgages secured by residential real property. MLO's are responsible for development and management of first mortgage product offerings at the branch as well as with existing and potential customer referral sources. MLO's work closely with the Marketing Department, Loan Department and Branch personnel to market first mortgage products in branch as well as at various networking events (luncheons, workshops, employment benefit fairs, etc.).

Salary range : $18.74 - $24.60 / hour. Job Grade NE-9. Salary dependent on candidate's experience and qualifications.

Minimum Education & Experience Requirements :

• Associate's degree Business Administration, Finance, or equivalent
• Three (3) years financed-related experience
• One (1) year experience with FHA, VA or Conforming mortgage lending or Home Equity loan origination

Minimum Knowledge and Skill Requirements :

COMPETENCIES :

WORKING CONDITIONS / ENVIRONMENT :

This is a sales position that often involves working outside the office to represent the credit union at business development functions and community events; visiting the offices of customer referral sources; and meeting with loan applicants at a location convenient for them. No heavy lifting required. May require the employee to sit at a desk for extended periods of time.

OTHER REQUIREMENTS :

Must comply with all aspects of the Bank Secrecy Act and SAFE Act. Must be able to obtain license through the Nationwide Mortgage Licensing System & Registry (NMLS).

MAJOR ACCOUNTABILITIES AND TASKS :

Outside Marketing

1. Establish, develop and maintain referral network of real estate agents, builders, and other professionals who can provide on-going source of business referrals.

2. Make sales calls on potential or existing customers in order to develop new business and / or retain existing business.

3. Develop and manage first mortgage marketing plan for assigned branches, if applicable.

4. Monitor sales reports to ensure that qualified leads and sales goals are met.

5. Participates in networking events and outside marketing opportunities.

6. Keeps informed of trends, competitors, changes and developments in the local real estate market to assist the management team with marketing ideas and plans to enhance First Mortgage product offerings.

Development / Performance / Support

7. Manages pipeline for all originated loans through closing to ensure that personal sales goals are met.

8. Maintains up to date working knowledge of rules, regulations and guidelines from FNMA, FHLMC, FHA, and VA in addition to other investors and agencies

9. Communicates with branches, if applicable, applicants, and realtors, providing timely updates and status reports with high levels of customer service.

10. Completes thorough and accurate loan applications; analyzes and prequalifies applicant information to determine viability of the client's desired loan program based upon the applicant's present situation, future plans, and preferred loan product.

11. Assists team with obtaining conditions from member as needed to meet requirements of loan approval.

12. Performs other duties as assigned.

About Us :

At Vantage West, we pride ourselves on fostering a vibrant learning environment where curiosity and growth are at the heart of everything we do. Together, we are not just building a successful company; we are cultivating a community where everyone can thrive.

Benefits And Perks :

Equal Opportunity Employer Veterans Disabled

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.