Mortgage Loan Originator

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

📋 Description

• Originate mortgage loans within a designated Non-Bank territory.

• Process applications.

• Perform initial underwriting assessments.

• Submit loan applications for processing and underwriting approval.

• Ensure timely collection of documents necessary for processing, underwriting, and closing.

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

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

⛳️ Requirements

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

• Continuous adherence to all legal and regulatory registration standards.

• Maintenance of a satisfactory criminal and credit history.

• High school diploma or equivalent qualification.

• Minimum of two years of experience in Mortgage, Sales, or Real Estate.

• Self-motivated individual with exceptional sales skills and the ability to work autonomously.

• Preferred: Established referral network within the designated market.

• In-depth understanding of pricing and underwriting criteria from various mortgage insurance providers.

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

• Knowledge of local, state, and national regulations.

• Strong communication skills with an aptitude for analyzing financial data.

• Sales-driven mindset.

• Proven track record of at least 2 years in mortgage loan origination, consistently achieving or surpassing production targets.

• Applicants must adhere to U.S. Bank policies and procedures, including the Code of Ethics and Business Conduct, as well as related workplace conduct and safety policies.

🏝️ Benefits

• Healthcare (medical, dental, vision).

• Basic term 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 program.

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

• Up to 11 paid holiday opportunities.

• Adoption assistance.

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

• Incentive and recognition programs.

• Equity stock purchase options.

• 401(k) contributions and pension plans.