Mortgage Loan Originator

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

📋 Description

• Generate mortgage loans within a designated Non-Bank area.

• Process mortgage loan applications.

• Perform initial underwriting assessments.

• Forward loan applications to processing and underwriting for approval.

• Follow up to obtain necessary documents for processing, underwriting, and closing in a timely manner.

• Engage in loan sales and execute sales-related activities outside of U.S. Bank locations.

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

⛳️ Requirements

• High school diploma or equivalent qualification.

• A minimum of three years of experience in mortgage, sales, or real estate.

• NMLS registration in accordance with the S.A.F.E. Act of 2008 and Regulation Z.

• Continuous compliance with all legal or regulatory registration requirements.

• Maintain a satisfactory criminal and credit history.

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

• Proficient knowledge of underwriting standards for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors.

• Acquainted with local, state, and national regulations, including zoning laws, Truth-in-Lending, RESPA, and energy audit requirements.

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

• Capability to perform responsibilities outside the usual workplace.

• Established referral network within the designated market.

🏝️ Benefits

• Healthcare coverage (medical, dental, vision).

• Basic term life insurance and optional term life insurance.

• Short-term and long-term disability coverage.

• Pregnancy disability and parental leave.

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

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

• Up to 11 paid holidays throughout the year.

• Adoption assistance program.

• Sick and Safe Leave accrual of one hour for every 30 worked, with a maximum of 80 hours per calendar year unless otherwise mandated by law.

• Incentive and recognition programs.

• Equity stock purchase options.

• 401(k) contributions.

• Pension plan.