Mortgage Loan Originator

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

📋 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

• Ensure that necessary documents for processing, underwriting, and closing are collected promptly

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

• Allocate a minimum of 50% of work time 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, along with ongoing compliance with all legal or regulatory registration mandates, including maintaining a satisfactory criminal and credit history

• High school diploma or equivalent

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

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

• Preferred established referral network within the assigned market

• Comprehensive understanding of pricing and underwriting standards for various mortgage insurance companies

• Proficient knowledge of underwriting criteria for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors

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

• Exceptional communication skills with the ability to analyze financial data

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

🏝️ Benefits

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• 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 accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise stipulated by law

• Incentive and recognition programs

• Equity stock purchase

• 401(k) contribution and pension