Mortgage Loan Originator

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

📋 Description

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

• Accept applications and perform initial underwriting assessments.

• Forward loan applications to processing and underwriting for authorization.

• Follow up to obtain necessary documents for processing, underwriting, and closing promptly.

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

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

• Develop and sustain mortgage referral and sales relationships in the assigned market.

⛳️ 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 adherence to all legal or regulatory registration obligations, including maintaining 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 strong sales capabilities and the ability to work autonomously.

• Preferred established referral network within the assigned market.

• Comprehensive understanding of pricing and underwriting criteria from 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 stipulations.

• Exceptional communication skills and the ability to interpret financial data.

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

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

🏝️ 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 benefits.

• 401(k) plan and employer-funded retirement scheme.

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

• Up to 11 paid holidays throughout the year.

• Assistance with adoption expenses.

• 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 programs.

• Equity stock purchase options.

• 401(k) contributions and pension plan.