Mortgage Loan Originator

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

📋 Description

• Establish referral connections with realtors, builders, and both professional and personal contacts.

• Stay informed about mortgage policies, procedures, loan products, processing methods, underwriting standards, and departmental regulations.

• Adhere to established protocols for escalating exceptions.

• Gather applicant information by completing the Fannie Mae form 1003 on a laptop.

• Utilize the laptop for communication, daily rates, applicant credit reports, Loan Prospector responses, and submitting loans to LOMAS.

• Collect necessary documentation and deliver loan packages within the timeframes set by management.

• Oversee the pipeline for originated loans through to closing and complete all required management reports.

• Provide timely updates and progress reports to branches and applicants.

• Maintain exceptional customer service while managing the expectations of applicants and support staff.

• Attend and engage in Consumer Lending meetings as needed.

• Achieve mortgage loan sales and cross-selling targets.

• Take ownership of residential mortgage loans from application to closing.

• Identify, evaluate, manage, monitor, and report risks in compliance with bank policies and procedures.

⛳️ Requirements

• A high school diploma or equivalent is required.

• A four-year college degree is preferred.

• Familiarity with conventional and/or government lending guidelines.

• Understanding of residential mortgage processing, underwriting, and closing procedures.

• Knowledge of federal lending regulations related to real estate lending.

• Proven organizational abilities.

• Excellent written and verbal communication skills.

• Demonstrated teamwork and customer service capabilities.

• Strong computer proficiency.

• Basic sales techniques knowledge.

• A strong aspiration to succeed in a competitive setting.

• S.A.F.E. Act registration required at the time of employment through the Nationwide Mortgage Licensing System (NMLS).

• Must be capable of completing Fannie Mae form 1003 applications and using mortgage lending systems such as Loan Prospector and LOMAS.

🏝️ Benefits

• Incentive compensation coupled with either a base salary or a draw to determine overall cash compensation.

• Comprehensive benefits programs aimed at supporting physical, financial, emotional, and social well-being.

• Benefits available for employees and their families.

• Commitment to equal employment opportunity.