Outside Loan Originator
$13,500–$65,000 year
On-siteHauppauge, New York, United States
Job Summary
Sell mortgage loans to customers outside AnnieMac Home Mortgage offices by building relationships with realtors, title officers, and financial advisers. Conduct seminars, attend closings, and take borrower information to fill out loan applications. Analyze income and debt to pre-qualify borrowers, then counsel them on loan products, closing costs, and credit issues. Collect financial documents, provide required disclosures, and maintain contact between application and closing. Order legal documents and review HUDs prior to closing. Requires an appropriate state license, thorough knowledge of underwriting and pricing, familiarity with federal and state laws, and excellent communication skills. Travel 80% of the time. Full-time role with medical, dental, vision, and 401K benefits.
Required Qualifications
- Experience directly related to the Mortgage Industry
- Must have appropriate state license or certificate (varies by state)
- Must have a thorough knowledge of pricing and underwriting requirements of various mortgage insurance companies
- Must have a working knowledge of credit underwriting and property eligibility requirements for FNMA, FHLMC, FHA, VA, local bonding programs and private investors
- Must be familiar with local, state and national laws (e.g. zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.)
- Must have excellent communication skills and the ability to analyze financial information
- Must be a sales-oriented self-starter
- Travel is required 80% of the time
Hiring someone like this?
Get your role in front of qualified candidates on Sorce.