Mortgage Loan Consultant

This is a fully remote position, open to applicants in Washington.

📋 Description

• Generate mortgage loans within a designated metropolitan area.

• Process mortgage loan applications.

• Perform initial underwriting assessments.

• Forward loan applications for processing and underwriting approval.

• Follow up to obtain necessary documentation for processing, underwriting, and closing.

• Engage in loan sales and solicitations.

• Carry out sales-related tasks outside of U.S. Bank branches.

• Allocate a minimum of 50% of work hours to activities conducted away from U.S. Bank locations.

⛳️ Requirements

• Registration with the National Mortgage Licensing Service (NMLS) in accordance with the S.A.F.E. Act of 2008 and Regulation Z, along with ongoing compliance with all legal or regulatory registration standards, including maintaining a satisfactory criminal and credit history.

• High school diploma or equivalent qualification.

• A minimum of 2 years of experience in Mortgage, Sales, or Real Estate.

• Self-motivated with outstanding sales skills and the capacity to work independently.

• A well-established referral network within the assigned area.

• Comprehensive understanding of pricing and underwriting criteria from various mortgage insurance providers.

• Familiarity with the underwriting standards for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors.

• Knowledge of local, state, and national regulations (e.g., zoning laws, Truth-in-Lending, RESPA, energy audit requirements).

• Strong communication skills and the ability to analyze financial data.

• Sales-driven mindset.

• Capacity to adhere to U.S. Bank policies and procedures, including the Code of Ethics and Business Conduct, as well as workplace conduct and safety policies.

🏝️ Benefits

• Healthcare coverage (medical, dental, vision).

• Basic term life insurance and optional life insurance.

• Short-term and long-term disability insurance.

• Pregnancy disability and parental leave.

• 401(k) plan along with an employer-funded retirement plan.

• Paid vacation ranging from two to five weeks based on salary grade and tenure.

• Up to 11 paid holiday opportunities.

• Adoption assistance.

• Sick and Safe Leave accrual of one hour for every 30 hours worked, up to 80 hours per calendar year unless stated otherwise by law.

• Incentive and recognition programs.

• Equity stock purchase options.

• 401(k) contributions and pension.