Mortgage Loan Originator

This is a fully remote position, open to applicants in District of Columbia, +2 more states.

📋 Description

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

• Process mortgage loan applications.

• Perform initial underwriting evaluations.

• Submit loan applications for processing and underwriting approvals.

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

• Actively seek loan sales and engage in sales-related activities away from U.S. Bank locations.

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

• Cultivate referral relationships and consistently achieve or surpass mortgage production targets.

⛳️ 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 obligations, including maintaining a satisfactory criminal and credit history.

• High school diploma or equivalent qualification.

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

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

• Preferred established referral network within the assigned market.

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

• Familiarity with underwriting criteria for FNMA, FHLMC, FHA, VA, local bonding initiatives, and private investors.

• Knowledge of local, state, and federal regulations (e.g., zoning laws, Truth-in-Lending, RESPA, energy audit stipulations).

• Exceptional communication skills and proficiency in analyzing financial data.

• Sales-driven mindset.

• Over 2 years of successful experience in mortgage loan origination, consistently meeting or exceeding production objectives.

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

🏝️ Benefits

• Healthcare coverage (medical, dental, vision).

• Basic term and optional term life insurance.

• Short-term and long-term disability coverage.

• Pregnancy disability and parental leave options.

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

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

• Up to 11 paid holiday opportunities each year.

• Adoption assistance services.

• Sick and Safe Leave accruals 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 benefits.