Mortgage Loan Originator

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

📋 Description

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

• Accept mortgage loan applications.

• Perform preliminary underwriting assessments.

• Forward loan applications to processing and underwriting for evaluation.

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

• Promote loan sales and engage in sales-related activities outside of U.S. Bank locations.

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

• Assist customers and businesses in making informed financial decisions while fostering community development.

⛳️ 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.

• Maintenance of a satisfactory criminal and credit history.

• High school diploma or equivalent qualification.

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

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

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

• Preferred established referral network within the designated market.

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

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

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

• Excellent communication capabilities.

• Proficiency in analyzing financial data.

• Strong sales orientation.

🏝️ Benefits

• Healthcare coverage (medical, dental, vision).

• Basic and optional term life insurance.

• Short-term and long-term disability insurance.

• Pregnancy disability and parental leave.

• 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 holidays each year.

• Adoption assistance program.

• 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.

• Contributions to 401(k) and pension plans.