Mortgage Loan Originator II

AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY•Jacksonville, FL

3d•$14 - $24•Onsite

About The Position

AnnieMac Home Mortgage is looking to hire a Mortgage Loan Originator II to assist one or more specific Mortgage Loan Originator(s) or Branch Manager(s) in delivering outstanding customer service to borrowers and realtors on loans that they originate. This role will work and train with Loan Originator(s) and assist with keeping a steady flow of loan volume from real estate brokers, referrals, and company provided lead sources, including but not limited to direct mail marketing, online applications, and Branch Manager referrals. This position originates and closes purchase and refinance loans. Under the direct supervision of Sales Management, the accountabilities and job activities of the Mortgage Loan Originator II position include, but are not limited, to the following: Take information from the borrower and fill out the loan application. Gather and organize client documents for pre-approval. Analyze the prospective borrowers income and debt and pre-qualify the prospective borrower to determine the maximum mortgage that the prospective borrower can afford. Counsel the prospective borrower in the home buying and financing process, advising the borrower about the different types of loan products available, and demonstrating how closing costs and monthly payments would vary under each product. Provide disclosures to the borrower, including truth in lending, good faith estimate, and others. Counsel and advise the borrower in understanding and clearing credit problems. Prepare loans and submit to Processing through Loan Origination System (LOS). Work with Processing to meet underwriting commitment conditions through closing. Maintain regular contact with the borrower, realtors, and the lender, between application and closing to apprise them of the status of the application and to gather any additional information as needed. Assist Loan Originator(s) in marketing efforts. Complete all Company mandatory trainings within the required timelines.

Requirements

High School Diploma or equivalent.
Must have appropriate state license or certificate (varies by state).
Ability to develop a thorough knowledge of pricing and underwriting requirements of various mortgage insurance companies.
Ability to develop a working knowledge of credit underwriting and property eligibility requirements for FNMA, FHLMC, FHA, VA, local bonding programs and private investors.
Must be familiar with local, state and national laws (e.g. zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.)
Must have excellent communication skills and the ability to analyze financial information.
Must possess a customer service mindset, always putting the clients best interest first and foremost.
Must be a sales-oriented self-starter.

Responsibilities

Take information from the borrower and fill out the loan application.
Gather and organize client documents for pre-approval.
Analyze the prospective borrowers income and debt and pre-qualify the prospective borrower to determine the maximum mortgage that the prospective borrower can afford.
Counsel the prospective borrower in the home buying and financing process, advising the borrower about the different types of loan products available, and demonstrating how closing costs and monthly payments would vary under each product.
Provide disclosures to the borrower, including truth in lending, good faith estimate, and others.
Counsel and advise the borrower in understanding and clearing credit problems.
Prepare loans and submit to Processing through Loan Origination System (LOS).
Work with Processing to meet underwriting commitment conditions through closing.
Maintain regular contact with the borrower, realtors, and the lender, between application and closing to apprise them of the status of the application and to gather any additional information as needed.
Assist Loan Originator(s) in marketing efforts.
Complete all Company mandatory trainings within the required timelines.