Mortgage Loan Originator

Centennial Bank•Bedford, TX

About The Position

GENERAL DESCRIPTION OF POSITION The Mortgage Loan Originator solicits residential first mortgages through contacts with Realtors, builders, and developers. Interview loan applicants and make credit decisions. The MLO is responsible for handling referrals and developing referral contacts within the bank region. ESSENTIAL DUTIES AND RESPONSIBILITIES 1. Work with assigned branch office to ensure awareness of home loan products. 2. Handle referrals from branch office and provide appropriate follow-up. 3. Develop referral contacts (realtors, builders, professional and personal contacts). 4. Analyze financial data to determine creditworthiness. 5. Maintain knowledge of available loan products, processing procedures and underwriting guidelines. 6. Take borrower applications. 7. Utilize communication and access of daily rates, credit reports and DU responses and transmitting to processor. 8. Collect appropriate documentation from each applicant and deliver loan package to processor in a timely manner. 9. Maintain high levels of customer service while managing each applicant's and support staff's expectations. 10. Attend and participate in all lending meetings as required. 11. Complete BSA/AML training and other compliance training as neccessary. 12. The ability to work in a constant state of alertness and in a safe manner. 13. Perform any other related duties as required or assigned. QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty mentioned satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Requirements

Broad knowledge of such fields as accounting, marketing, business administration, finance, etc.
Equivalent to a four year college degree, plus 4 years related experience and/or training, and 2 years related management experience, or equivalent combination of education and experience.
Ability to read, analyze, and understand general business/company related articles and professional journals
Ability to speak effectively before groups of customers or employees.
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
Ability to apply concepts such as fractions, ratios, and proportions to practical situations.
Ability to solve practical problems and deal with a variety of known variables in situations where only limited standardization exists.
Ability to interpret a variety of instructions furnished in written, oral, or diagram formats.
This position requires S.A.F.E. Act registration at the time of employment through the Nationwide Mortgage Licensing System (NMLS).
Intermediate: 10-Key, Accounting

Responsibilities

Work with assigned branch office to ensure awareness of home loan products.
Handle referrals from branch office and provide appropriate follow-up.
Develop referral contacts (realtors, builders, professional and personal contacts).
Analyze financial data to determine creditworthiness.
Maintain knowledge of available loan products, processing procedures and underwriting guidelines.
Take borrower applications.
Utilize communication and access of daily rates, credit reports and DU responses and transmitting to processor.
Collect appropriate documentation from each applicant and deliver loan package to processor in a timely manner.
Maintain high levels of customer service while managing each applicant's and support staff's expectations.
Attend and participate in all lending meetings as required.
Complete BSA/AML training and other compliance training as neccessary.
The ability to work in a constant state of alertness and in a safe manner.
Perform any other related duties as required or assigned.