Mortgage Loan Originator

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

📋 Description

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

• Stay updated on mortgage policies, procedures, loan products, processing methods, underwriting standards, and departmental protocols.

• Adhere to the established guidelines for escalating exceptions.

• Process applicant applications by filling out the Fannie Mae form 1003 using a laptop.

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

• Gather the necessary documentation and ensure loan packages are delivered within the time frames set by management.

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

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

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

• Attend and engage in Consumer Lending meetings as needed.

⛳️ Requirements

• A high school diploma or equivalent is required.

• A four-year college degree is preferred.

• Familiarity with conventional and/or government lending guidelines is essential.

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

• Knowledge of federal lending regulations that govern real estate lending is required.

• Strong organizational skills are a must.

• Excellent written and verbal communication skills are necessary.

• Proven teamwork and customer service abilities are essential.

• Demonstrated computer proficiency is required.

• Basic sales techniques skills are preferred.

• A strong desire to succeed in a competitive environment is essential.

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

• Proficiency in completing Fannie Mae form 1003 applications and utilization of mortgage lending systems, credit reports, Loan Prospector, and LOMAS is required.

🏝️ Benefits

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

• Comprehensive benefits programs that support physical, financial, emotional, and social well-being.

• Benefits available for employees and their families.

• Commitment to equal employment opportunity and an inclusive culture.