Mortgage Loan Originator-Low Pen Market Position Available In DeKalb, Georgia
Tallo's Job Summary: The Mortgage Loan Originator-Low Pen Market role involves originating residential 1st mortgage loans, meeting sales objectives, and managing loan applications through closing. Responsibilities include developing referral contacts, maintaining knowledge of loan products and procedures, and providing excellent customer service. Candidates must have three years of mortgage lending experience and an established book of business.
Job Description
Job Description:
GENERAL FUNCTION
Within a market defined byDistribution Strategies as low penetration, performs a wide rangeof duties relating to the origination of residential1st mortgageloans from branch offices and outside referrals. Meets standardsandobjectivesdefined by management for mortgage loan sales andcross-selling objectives. Assumes overall responsibility for theresidential mortgage loan from application toclosing.
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 departmental guidelines.
- 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 and transmitting the loan toLOMAS.
- 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. Mortgage Loan Officer must meet the followingcriteria: Three years of mortgage lending experience. Established book of business (local centers of influence willingto refer mortgage loans to you). Existing mortgage sales of $1million per month, and 4 purchaseunits closed per month.
