Originating Branch Manager

Originating Branch Manager Naperville, IL Job Details Full-time $35,568 - $232,000 a year 16 hours ago Benefits Health insurance Dental insurance 401(k) Vision insurance Qualifications MLO License Financial sales Customer relationship building Management Recruitment process management Compliance with loan regulations Underwriting Federal Housing Administration (FHA) loans Identifying new business opportunities Mid-level Client relationship development Financial analysis Compensation administration Business development Loan application intake Zoning regulations Real estate closing management Coordination (loan closing) Recruiting Banking business development FNMA Veterans Affairs (VA) loans Communication skills Staffing management Conducting sales calls Overseeing training Staff development Full Job Description AnnieMac Home Mortgage is looking to hire a Full Time O riginating Branch Manager to be responsible for supervising their own branch and originating loans. Candidates should have experience directly related to the Mortgage Industry. Under the direct supervision of the National Director of Branch Development, the job responsibilities of the Originating Branch Manager position include, but are not limited, to the following: Establish and maintain client referral relationships with Realtors, builders and developers and make sales calls on potential or existing customers to develop new business or retain existing business. Recruit and hire MLOs for the branch and motivate staff to achieve maximum production levels. Train and oversee the branch staff relative to proper techniques and standards, with appropriate follow-through. Monitor quality of loans originated by MLOs and ensure they are within company policy guidelines. Also, monitor MLO compensation plans and keep them in balance with production. Responsible for the overall customer interaction and interface with all parties involved on each individual loan that is originated from application to closing including, but not limited to: counseling and pre-qualifying potential home buyers; taking complete and accurate applications; obtaining all necessary support documents along with the appropriate fee and lock-in information; overseeing the loan process by monitoring loan status and ensuring conformity with terms; assisting in collecting additional documents and promptly communication loan status to all interested parties, and obtaining loan documentation after closing. Maintain a professional image and standards consistent with company policies and procedures. Must hold a Mortgage Loan Originator license. 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. AnnieMac Home Mortgage offers a wide range of benefits, including medical, dental and vision plans, along with voluntary benefits, including 401K. •AnnieMac Home Mortgage is an Equal Opportunity Employer•AnnieMac Home Mortgage participates in E-Verify•