Mortgage Loan Originator

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

📋 Description

• Generate mortgage loans within a designated Non-Bank territory

• Process mortgage loan applications

• Perform initial underwriting assessments

• Forward loan applications to processing and underwriting for approval

• Follow up to guarantee that required documents for processing, underwriting, and closing are obtained promptly

• Initiate and promote loan sales

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

• Dedicate at least 50% of work hours to off-site activities

• Establish and nurture referral partnerships within the designated market

• Consistently achieve or surpass mortgage loan production targets

⛳️ Requirements

• Registration with the National Mortgage Licensing Service (NMLS) in compliance with the S.A.F.E. Act of 2008 and Regulation Z

• Ongoing adherence to all legal or regulatory registration obligations, including maintaining a clear criminal and credit history

• High school diploma or equivalent

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

• 2+ years of demonstrated success in mortgage loan origination, consistently achieving or exceeding production targets

• Comprehensive understanding of pricing and underwriting criteria for different mortgage insurance providers

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

• Knowledge of local, state, and federal regulations, including zoning laws, Truth-in-Lending, RESPA, and energy audit requirements

• Exceptional communication abilities

• Capability to analyze financial data

• Sales-oriented mindset

🏝️ Benefits

• Healthcare coverage (medical, dental, vision)

• Basic and optional term life insurance

• Short-term and long-term disability insurance

• Pregnancy disability and parental leave benefits

• 401(k) plan and employer-funded retirement plan

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

• Up to 11 paid holidays each year

• Adoption support

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

• Incentive and recognition programs

• Equity stock purchase options

• 401(k) contributions and pension plan