Mortgage Sales Supervisor

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

📋 Description

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

• Ensure the timely acquisition of documents necessary for processing, underwriting, and closing.

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

• Develop relationships with referral sources, including real estate brokers, builders, and other external entities.

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

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

• Foster collaborative partnerships within U.S. Bank Home Mortgage and across other business lines to enhance customer relationships and drive additional product sales.

• Conduct interviews and recruit new team members.

• Promote employee retention through development initiatives and positive engagement strategies.

⛳️ Requirements

• High school diploma or an equivalent qualification.

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

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

• Completion of the NMLS registration process, which includes criminal background and credit checks.

• Proven skills in 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 standards of various mortgage insurance companies.

• Familiarity with underwriting criteria 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 requirements.

• Well-honed customer service and relational skills.

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

• Strong verbal and written communication skills, along with good interpersonal abilities.

• Capacity to meet necessary requirements for performing duties outside of the usual workplace.

• Ability to adhere to U.S. Bank's policies, procedures, Code of Ethics and Business Conduct, as well as workplace safety standards.

🏝️ Benefits

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

• Basic 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 plan.

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

• Up to 11 paid holidays per 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 mandated by law.

• Incentive and recognition programs.

• Equity stock purchase options.

• Contributions to 401(k) and pension plans.