Mortgage Loan Originator II

AMPLIFY CREDIT UNION•Austin, TX

3d•Remote

About The Position

As a growing, tech-focused credit union, Amplify Credit Union delivers value to our members through our products and impact to our community through our profits. That unique intersection is one reason we’ve been named a Top Workplace by the Austin American-Statesman six years in a row. We’re also proud to say that we’re the only full-service financial institution that doesn’t have deposit fees of any kind. We’re looking for teammates who are inspired by our mission and ready to grow their careers. As they do, our employees can expect Amplify to uphold our commitments to culture, community, inclusion, and more. The Mortgage Loan Originator II is a field-based position that serves existing members and procures new members through the origination of quality real estate loan products. Loan Originators act as the primary relationship manager between borrowers and Amplify’s real estate lending department. This position emphasizes self-generated business development, community engagement, and strong pipeline management in addition to member service. As a Mortgage Loan Originator with Amplify, you will enjoy the best support and industry technology available. Our incentive program is one of the best in the industry. We offer a top-tier incentive plan designed for top producers who want to grow and earn big. We are an Agency Direct Lender offering Conventional, FHA/VA/USDA, Jumbo, Second lien, and Portfolio Products. We use Encompass, Optimal Blue, and Salesforce to make the lending process as streamlined as possible. We have local leadership, processing & UW. An entire marketing department will assist you in all areas (from listing sheets to social media blogs and posts). We provide daily leads to complement your self-generated business. As a credit union (depository), we lend in the whole state of Texas. You are only required to be registered, not licensed, with the NMLS. We have $1B+ in assets, 60,000 members, and have been in business since 1957 - we are stable and established. RESPONSIBILITIES include the following. This is an outside sales position that requires the ability to generate self-sourced leads in addition to working with credit union provided opportunities. While occasional office visits are required for meetings or training, the incumbent will customarily perform their primary sales duties offsite or at member/referral partner locations. Other duties may be assigned.

Requirements

High school diploma or GED. Bachelor’s degree in business or related field preferred.
3+ years of experience in Real Estate Loan Origination with proven history of annual production in excess of $18 million.
Experience in proper loan pricing based on credit union rate determinations and understanding in the use of points or discounts is necessary.
Must be bondable.
Requires registration as a MLO with the Nationwide Mortgage Licensing System (NMLS) and Registry on an annual basis in addition to maintaining updates as needed. Initial registration is required immediately upon hire.
To perform this job successfully, an individual should have knowledge and be efficient with the use of a personal computer, Microsoft Office products, Credit Bureau Systems and financial calculators.
Must have reliable internet access of 50MBPS which is the minimum speed required to connect to several of our systems and platforms.
Excellent judgment skills to make quick decisions within written policy and standard operating procedures;
Working knowledge of credit union's products and services, policies, and the Federal Credit Union Act including bylaws and regulations that apply to federally chartered credit unions;
Ability to understand and make recommended changes to Standard Operating Procedures;
Familiarity with state and federal NCUA regulations, HMDA, Regulation Z, Regulation B, the FHLMC, FNMA, and FHA rules and processes; and
Knowledge of sales of mortgage loans into secondary market.

Nice To Haves

FHA and VA origination experience a plus.
Prior experience using Encompass is preferred.
Must have experience with Desktop Underwriter and/or Loan Prospector underwriting systems and packaging of conforming loan standards.

Responsibilities

Generates business through self-sourced leads and supports member leads as assigned; establishing relationships with all potential borrowers.
Partners with local real estate associations, chambers of commerce, and other community organizations to support education and networking opportunities, and highlights community involvement.
Prequalifies applicants based on an understanding of internal and secondary market loan requirements as compared to applicants’ actual circumstances and documentation; recommends loan products that will best serve the applicant’s needs and wants.
Manages pipeline leads and opportunities consistently, as required by leadership.
Uses social media channels to generate leads and strengthen brand awareness.
Recommends loan products to potential borrowers and sets expectations regarding the loan process.
Fosters collaboration between the borrower and all other areas of Real Estate Lending to move applications through the process in an efficient manner.
Monitors and ensures closing dates and company deadlines are met.
Negotiates and executes rate locks, updating systems as required.
Maintains working knowledge of available mortgage products to accurately respond to member and external stakeholder questions and provide feedback to management regarding product innovation opportunities.
Spends the majority (over 50%) of working time away from the office or branch, conducting sales activities in the field.
Generates mortgage loan volume through face-to-face meetings with borrowers, real estate agents, builders, and other referral sources – tracking monthly activity and reporting to management.
Upholds credit union policies and procedures and champions organizational culture both internally and externally.

Benefits

Medical, Dental, and 401(k) programs for team members.
Customized volunteer opportunities with our signature partners (Saint Louise House).
Additional paid time off for volunteer-related activities.
Undergraduate and graduate tuition benefits for eligible full-time and part-time team members.

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