Mortgage Loan Originator

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

📋 Description

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

• Process loan applications.

• Perform initial underwriting assessments.

• Forward loan applications to processing and underwriting for approval.

• Ensure timely acquisition of processing, underwriting, and closing documents through follow-up.

• Engage in loan sales and solicitations.

• Conduct sales-related tasks outside of U.S. Bank premises.

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

⛳️ Requirements

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

• Ongoing adherence to all legal and regulatory registration criteria, including maintaining a satisfactory criminal and credit history.

• High school diploma or equivalent.

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

• Capability to work autonomously and exhibit strong sales skills.

• Preferred established referral network within the assigned market.

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

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

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

• Outstanding communication skills.

• Proficiency in analyzing financial data.

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

🏝️ Benefits

• Healthcare coverage (medical, dental, vision).

• Basic term and optional term life insurance.

• Short-term and long-term disability benefits.

• Pregnancy disability and parental leave.

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

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

• Up to 11 paid holidays each year.

• Adoption assistance program.

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

• Incentive and recognition initiatives.

• Equity stock purchase options.

• 401(k) contributions and pension plan.