Mortgage Loan Originator

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

📋 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 procurement of necessary processing, underwriting, and closing documents.

• Engage in and promote loan sales.

• Carry out sales-related tasks outside of U.S. Bank locations.

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

⛳️ Requirements

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

• Continuous adherence to all legal and regulatory registration obligations.

• Maintain a satisfactory criminal and credit history.

• High school diploma or equivalent qualification.

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

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

• Preferred established referral network within the assigned market.

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

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

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

• Exceptional communication skills and capability to analyze financial data.

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

🏝️ Benefits

• Comprehensive healthcare coverage (medical, dental, vision).

• Basic and optional term life insurance.

• Short-term and long-term disability insurance.

• Maternity disability and parental leave.

• 401(k) plan and employer-sponsored retirement plan.

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

• Up to 11 paid holidays each year.

• Assistance with adoption.

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

• Incentive and recognition initiatives.

• Opportunities for equity stock purchase.

• 401(k) contributions and pension plans.