Mortgage Loan Originator

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

📋 Description

• Generate residential first mortgage loans through external referrals.

• Achieve mortgage loan sales and cross-selling targets as defined by management.

• Take responsibility for residential mortgage loans from application to closing.

• Build referral networks including real estate agents, builders, and both professional and personal contacts.

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

• 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, accessing daily rates, credit reports, reviewing Loan Prospector feedback, and sending loans to LOMAS.

• Collect applicant documentation and submit loan packages within the timeframes set by management.

• Oversee the pipeline of originated loans until closing and complete necessary management reports.

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

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

• Attend and engage in Consumer Lending meetings as required.

⛳️ Requirements

• High school diploma or equivalent is required.

• A four-year college degree is preferred.

• Understanding of conventional and/or government lending guidelines.

• Familiarity with residential mortgage processing, underwriting, and closing practices.

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

• Proven organizational skills.

• Excellent written and verbal communication abilities.

• Demonstrated teamwork and customer service capabilities.

• Established computer proficiency.

• Basic sales techniques knowledge.

• Strong ambition to succeed in a competitive atmosphere.

• Registration under the S.A.F.E. Act at the time of employment via the Nationwide Mortgage Licensing System (NMLS).

🏝️ Benefits

• Incentive compensation along with a base salary or a draw to establish total cash compensation.

• Comprehensive benefits focused on supporting physical, financial, emotional, and social well-being.

• Benefits programs tailored to assist employees and their families.

• Commitment to equal employment opportunities and an inclusive culture.