Mortgage Loan Originator Position Available In Ouachita, Louisiana
Tallo's Job Summary: The Mortgage Loan Originator position involves originating residential 1st mortgage loans, meeting sales objectives, and managing loan applications from start to finish. Responsibilities include developing referral contacts, maintaining knowledge of loan products and procedures, collecting applicant documentation, and providing excellent customer service. Fifth Third Bank is recruiting for this role, offering competitive salary and benefits.
Job Description
Job Description:
GENERAL FUNCTION
Performs a wide range ofduties relating to the origination of residential 1st mortgageloans for outside referrals. Meets standards and objectives definedby management for mortgage loan sales and cross-selling objectives.
Assumesoverall responsibility for the residential mortgage loanfrom application to closing.
ESSENTIAL DUTIES & RESPONSIBILITIES
- Develop referral contacts (realtors, builders, professional andpersonal contacts).
- Maintain knowledge of Fifth Third Mortgage Company”s policiesand procedures.
- Maintain knowledge of available loan products, processingprocedures, and underwriting and general departmentalguidelines.
- Follow defined protocol for escalation exceptions.
- Take applicant applications by completing Fannie Mae form 1003 onthe laptop.
- Utilize the laptop for communication and access of daily rates,applicant credit reports, Loan Prospector responses andtransmitting the loan to LOMAS.
- Collect appropriate documentation from each applicant and deliverloan package in the time frames set by management.
- Manage pipeline for all originated loans through closing andcomplete required management reports.
- Communicate with branches and/or applicants of providing timelyupdates and progress reports.
- Maintain high levels of customer service while managing eachapplicant”s and support staff#s expectations.
- Attend and participate in all Consumer Lending meetings asrequired by management.
SUPERVISORY RESPONSIBILITIES
None.