Mortgage Loan Originator

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

📋 Description

• Generate mortgage loans within a designated Non-Bank region

• Process loan applications

• Perform initial underwriting assessments

• Forward loan applications to processing and underwriting for approval

• Ensure timely collection of documents needed for processing, underwriting, and closing from relevant sources

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

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

⛳️ Requirements

• Registration with the National Mortgage Licensing Service (NMLS) as per the S.A.F.E. Act of 2008 and Regulation Z, maintaining compliance with all ongoing legal and regulatory registration obligations

• Possess a satisfactory criminal and credit history

• High school diploma or equivalent

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

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

• Preferred established referral network within the assigned market

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

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

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

• Exceptional communication abilities and skill in analyzing financial information

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

🏝️ Benefits

• Healthcare coverage (medical, dental, vision)

• Basic term life insurance and optional term life insurance

• Short-term and long-term disability coverage

• Pregnancy disability and parental leave

• 401(k) plan and employer-funded retirement savings plan

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

• Up to 11 paid holidays throughout the year

• Adoption assistance programs

• Accrual of Sick and Safe Leave at a rate of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise mandated by law

• Incentive and recognition programs

• Opportunities for equity stock purchase

• Contributions to 401(k) and pension plans