Mortgage Sales Supervisor

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

📋 Description

• Oversee the daily loan origination processes for a small group of Mortgage Loan Originators.

• Ensure that necessary documents for processing, underwriting, and closing are obtained promptly from the appropriate sources.

• Achieve annual loan volume origination targets set by upper management.

• Build referral-source relationships with real estate brokers, builders, and other external partners.

• Engage in local and state mortgage banking, realtor, and builder trade associations.

• Maintain a comprehensive understanding of mortgage industry knowledge and current issues.

• Foster collaborative partnerships within U.S. Bank Home Mortgage and other U.S. Bank business divisions.

• Encourage customer relationship expansion and additional product sales.

• Conduct interviews and recruit new talent.

• Retain employees through development initiatives and positive engagement strategies.

• Coach, mentor, and develop mortgage loan originators to improve performance and drive business outcomes.

⛳️ Requirements

• High school diploma or equivalent qualification.

• A minimum of two years of experience in mortgage sales.

• National Mortgage Licensing System (NMLS) registration in accordance with the S.A.F.E. Act of 2008 and Regulation Z.

• Successful completion of the NMLS registration process, including criminal background and credit checks.

• Proven skills in new business development and relationship management.

• Strong understanding of sales techniques and strategies.

• In-depth knowledge of mortgage products/services, operations, and prevailing market trends.

• Basic understanding of pricing and underwriting requirements from various mortgage insurance companies.

• Working 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.

• Well-honed customer service and relationship management skills.

• High attention to detail and capability to analyze financial data.

• Effective interpersonal, verbal, and written communication abilities.

• Capability to fulfill requirements related to performing duties outside the regular workplace.

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

• Demonstrated experience in coaching, mentoring, and developing mortgage loan originators.

🏝️ Benefits

• Comprehensive 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 benefits.

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

• Up to 11 paid holidays per year.

• Adoption assistance programs.

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

• Incentive and recognition initiatives.

• Equity stock purchase options.

• Pension plan.