Mortgage Loan Originator
$41,600–$41,600 year
RemoteFort Lauderdale, Florida, United States or Florida, United States
Job Summary
Originate mortgage loans in an assigned non-bank territory by taking applications, conducting preliminary underwriting reviews, and submitting loan applications to processing and underwriting for approval. Follow up to ensure required documents for processing, underwriting, and closing are secured in a timely manner from appropriate sources. Make and solicit loan sales while conducting sales-related activities away from U.S. Bank locations, spending at least 50% of time off-site. This role requires National Mortgage Licensing System (NMLS) registration under the S.A.F.E. Act of 2008 and Regulation Z, including a criminal background and credit check. Candidates must have at least two years of mortgage loan origination experience with proven results, a well-developed sales ability, and an established referral base within the assigned market.
Required Qualifications
- High school diploma or equivalent
- Minimum one year of mortgage, sales, real estate, or banking experience
- National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z
- Ability to travel
- At least 50% of time conducting activities away from U.S. Bank locations
- Subject to required registration process including criminal background and credit check
- Maintaining a satisfactory criminal and credit record
- 2 or more hours of driving per week
- Located near any one of U.S. Bank locations to work on site at least three days per week
- Ability to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies
Desired Qualifications
- Well-developed sales ability
- Basic knowledge of pricing and underwriting requirements of various mortgage insurance companies
- Working knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors
- Basic knowledge of local, state and national laws (e.g., zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.)
- Ability to work independently
- Ability to analyze financial information
- Effective verbal and written communication skills
- Established referral base within assigned market
- 2 years of mortgage loan origination experience with proven results
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.