Mortgage Loan Originator

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

📋 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 consent.

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

• Engage in loan sales activities.

• Participate in sales-related initiatives outside of U.S. Bank locations.

• Allocate at least 50% of work activities away from U.S. Bank offices.

• Adhere to U.S. Bank's policies and procedures, including the Code of Ethics and Business Conduct, as well as workplace conduct and safety regulations.

⛳️ Requirements

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

• Continuous compliance with 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’ experience in Mortgage, Sales, or Real Estate.

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

• Preferred established referral network within the assigned market.

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

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

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

• Strong communication skills and capacity to analyze financial data.

• Sales-focused mentality.

• Proven track record of over 2 years in mortgage loan origination, consistently achieving or surpassing production targets.

🏝️ Benefits

• Healthcare options (medical, dental, vision).

• Basic term and optional term life insurance.

• Short-term and long-term disability coverage.

• Pregnancy disability and parental leave.

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

• Paid vacation ranging from two to five weeks, depending on salary grade and length of service.

• Up to 11 paid holidays.

• Adoption assistance.

• Sick and Safe Leave accrual at the rate of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise stipulated by law.

• Incentive and recognition initiatives.

• Equity stock purchase options.

• 401(k) contributions and a pension plan.