Mortgage Loan Originator – External Position Available In Sumter, South Carolina
Tallo's Job Summary: Originating mortgage applications, conducting interviews with loan applicants, and gathering necessary documents, the Mortgage Loan Originator - External works to support approval decisions. Responsibilities include meeting sales goals, generating loan referrals, and providing information on mortgage processes and credit union products. This role requires a high school diploma and at least two years of related experience in real estate lending.
Job Description
SUMMARY:
Originates mortgage applications and conducts interviews with loan applicants. Gathers documents to help support approval decision. Reviews closing disclosure with member to prepare them for closing. In accordance with sound underwriting practices as set out in policy and procedure, examines, evaluates, and submits borrower’s applicants for credit or extension of lines of credit.
ESSENTIAL DUTIES AND RESPONSIBILITIES
include the following:
- Meets assigned sales and service goals
- Works closely with branch staff located in designated counties to generate mortgage loan referrals. Attends branch meetings and coach frontline staff when needed.
- Travels to various branch locations within designated counties to originate applications and conduct interviews with loan applicants. Originates applications through various service channels to include branch, web, and phone.
- Enters mortgage applications into the origination system, pre-qualifications, pulls credit reports, tax assessments, and DU Findings.
- Provides in person or by telephone, information concerning the mortgage loan process and procedures, as well as other credit union products and services.
- Adheres to the Member Service Standards set forth by the credit union at all times.
- Processes real estate loan applications, including, conforming mortgage loans to secondary market standards (ordering, credit reports, wood infestation reports, and income/employment and Asset Documents).
- Assists the VP Mortgage Lending with training opportunities such as monthly webinars, mortgage training for staff and other training needs within the credit union.
- Maintains application and approval records to comply with the “Home Mortgage Disclosure Act” for the credit union.
- Assists the VP Mortgage Lending with various monthly reports regarding mortgage origination.
- Assists branch and members with questions regarding the mortgage process, mortgage products, pending applications, and member inquiries.
- Acts as a liaison to third parties as required for the mortgage process to include appraisers, mortgage attorneys, realtors, and builders.
- Hold first time homebuyer and financial education seminars quarterly.
- Cross sells other credit union products.
- Other duties as assigned.
EDUCATION and/or
EXPERIENCE
High school diploma; and at least two years related experience and/or training in real estate lending; or equivalent combination of education and experience in a related field.
