Mortgage Loan Originator Position Available In Ouachita, Louisiana
Tallo's Job Summary:
Company:
Unclassified
Salary:
—
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.