Mortgage Loan Originator

U.S. Bank•Atlanta, GA

8d•Remote

About The Position

The Mortgage Loan Originator originates mortgage loans in an assigned metropolitan territory. The role takes applications, conducts preliminary underwriting reviews, and submits loan applications to processing and underwriting for approval. It follows up to ensure required processing, underwriting, and closing documents are obtained in a timely manner from appropriate sources. Incumbents are customarily and regularly engaged in making and soliciting loan sales and conducting sales-related activities away from U.S. Bank locations, and are expected to spend at least 50% of their time conducting these activities away from U.S. Bank locations. The position requires two or more hours of driving per week. It has multiple levels; candidates must have at least one year of mortgage, sales, real estate, or banking experience, and the hiring level will align with the successful candidate’s experience. The required qualifications separately specify two or more years of mortgage, sales, or real estate experience. 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 posted pay range is $20.00–$20.00; the actual range may differ based on the role’s location.

Requirements

Maintain National Mortgage Licensing Service (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z, and comply with all ongoing legal or regulatory registration requirements, including maintaining a satisfactory criminal and credit record.
High school degree or equivalent.
Two or more years of mortgage, sales, or real estate experience.
At least one year of mortgage, sales, real estate, or banking experience is stated as the minimum for the multiple-level role.
Spend at least 50% of work time conducting activities away from U.S. Bank locations.
At least two hours of driving per week.

Nice To Haves

Be a 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-oriented approach.
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 secure documents required for processing, underwriting, and closing from appropriate sources in a timely manner.
Make and solicit loan sales and conduct sales-related activities away from U.S. Bank locations.

Benefits

Healthcare, including medical, dental, and vision coverage.
Basic term and optional term life insurance.
Short-term and long-term disability coverage.
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.