Mortgage Loan Originator

U.S. Bank • Nashville, TN

2d • Remote

About The Position

Originates mortgage loans in an assigned metropolitan territory. Takes applications, conducts preliminary underwriting reviews, and submits loan applications to processing and underwriting for approval. Follows up to ensure documents needed for processing, underwriting, and closing are secured promptly from appropriate sources. The role includes making and soliciting loan sales and conducting related activities away from U.S. Bank locations; incumbents are expected to spend at least 50% of their time away from those locations. The position has multiple levels, and the successful candidate will be hired at the level aligned with their experience. The role requires at least two hours of driving per week.

The role is posted as remote. Candidates located near a U.S. Bank location are required to work onsite at least three days per week. The position requires NMLS registration under the S.A.F.E. Act of 2008 and Regulation Z, with continuing compliance with applicable legal and regulatory registration requirements.

Requirements

• NMLS registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z, and ongoing compliance with legal and regulatory registration requirements.
• High school degree or equivalent.
• Two or more years of mortgage, sales, or real estate experience.
• Able to drive at least two hours per week.
• Candidates near a U.S. Bank location must work onsite at least three days per week.

Nice To Haves

• Self-starter with excellent sales ability and the ability to work independently.
• Established referral base within the assigned market.
• Thorough knowledge of pricing and underwriting requirements of various mortgage insurance companies.
• Working knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors, acquired through on-the-job training or real estate brokerage experience.
• Familiarity with local, state, and national laws, including zoning ordinances, Truth-in-Lending, RESPA, and energy audit requirements.
• Excellent communication skills and ability to analyze financial information.
• Sales orientation.
• Two or more years of proven success in mortgage loan origination, consistently meeting or exceeding production goals.

Responsibilities

• Originate mortgage loans in an assigned metropolitan territory.
• Take mortgage loan applications and conduct preliminary underwriting reviews.
• Submit loan applications to processing and underwriting for approval.
• Follow up to obtain documents required for processing, underwriting, and closing in a timely manner.
• Make and solicit loan sales and conduct sales-related activities away from U.S. Bank locations.

Benefits

• Healthcare (medical, dental, and vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation, from two to five weeks depending on salary grade and tenure
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise provided by law
• Incentive and recognition programs
• Equity stock purchase
• 401(k) contribution and pension, subject to eligibility requirements

What This Job Offers

• Job Type: Full-time
• Education Level: High school or GED