Associate Mortgage Loan Originator

About the position

Under general supervision, the associate mortgage loan officer is responsible for originating new mortgage loan business for the bank by working with Realtors, Builders, past clients and other referral partners under the mentorship of the Mortgage Loan Officer.

Responsibilities

• Solicit business from potential and existing customers (outside and inside business location)
• Interviews loan applicants and processed loan applications for both purchase and refinance transactions.
• Assist the Mortgage Loan Officer in Counsel Borrowers about various loan programs.
• Assist the loan processor in gathering necessary documents from the customers to prepare for underwriting.
• Work closely with the processor and underwriter to address any items needed.
• Manages a large pipeline of loans including meeting closing deadlines, submitting loans to compliance and making sure their pipeline meets the bank's requirement.
• Provides and maintains a professional, business atmosphere within the organization.
• Represents the financial institution in public relations activities and community involvement.

Requirements

• Must be able to meet strict time deadlines and work independently under pressure
• Must be detailed oriented and able to follow set guidelines
• Possess ability to sell oneself to potential customers and referral partners
• Excellent written and verbal communication skills
• High School Diploma or equivalent
• Regular and reliable attendance
• Works cooperatively with others

Nice-to-haves

• The Associate MLO will gain a thorough understanding of all loan programs and closing costs through training provided by the mentoring Mortgage Loan Officer and the company's training curriculum.
• The goal of the training is for the Junior MLO to acquire a good understanding of FHA, VA, portfolio and conventional underwriting guidelines for all programs and investors.