Mortgage Loan Originator

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

📋 Description

• Generate mortgage loans within a designated Non-Bank territory

• Process loan applications

• Perform initial underwriting assessments

• Forward loan applications to processing and underwriting for approval

• Ensure timely collection of documents required for processing, underwriting, and closing from the appropriate sources

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

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

⛳️ Requirements

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

• Continuous compliance with all legal and regulatory registration mandates

• Maintenance of a satisfactory criminal and credit history

• High school diploma or equivalent

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

• At least 2 years of demonstrated success in mortgage loan origination, consistently achieving or surpassing production targets

• Self-motivated with outstanding sales skills and the ability to work autonomously

• Comprehensive knowledge of pricing and underwriting standards of various mortgage insurance companies

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

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

• Strong communication skills and the ability to analyze financial data

• Sales-driven mindset

🏝️ Benefits

• Healthcare coverage (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability benefits

• Pregnancy disability and parental leave

• 401(k) plan with employer contributions for retirement

• 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 mandated by law

• Incentive and recognition programs

• Equity stock purchase options

• 401(k) contributions and pension plans