Mortgage Loan Originator - Washington

Fifth Third Bank • Washington, DC

1d • Remote

About The Position

The Mortgage Loan Originator originates residential first-mortgage loans from outside referrals and is responsible for the loan process from application through closing. The role is expected to meet management-defined mortgage sales and cross-selling objectives while following bank policies, procedures, and risk controls. It also emphasizes a positive customer experience and timely communication with applicants, branches, and support staff.

Requirements

• High school diploma or equivalent.
• Knowledge of conventional and/or government lending guidelines.
• Knowledge of residential mortgage processing, underwriting, and closing procedures.
• Knowledge of federal lending regulations governing real estate lending.
• Demonstrated organizational skills.
• Strong written and verbal communication skills.
• Demonstrated teamwork and customer service skills.
• Proven computer skills.
• Basic sales technique skills.
• Strong desire to excel in a competitive environment.
• S.A.F.E. Act registration through the Nationwide Mortgage Licensing System (NMLS) is required at the time of employment.

Nice To Haves

• Four-year college degree.

Responsibilities

• Develop referral contacts, including realtors, builders, and professional and personal contacts.
• Maintain knowledge of Fifth Third Mortgage Company's policies and procedures.
• Maintain knowledge of available loan products, processing procedures, underwriting guidelines, and general departmental guidelines.
• Follow defined protocols for escalating exceptions.
• Take applicant applications by completing Fannie Mae Form 1003 on a laptop.
• Use a laptop for communication and to access daily rates, applicant credit reports, Loan Prospector responses, and transmit loans to LOMAS.
• Collect appropriate documentation from each applicant and deliver the loan package within management-established time frames.
• Manage the pipeline for originated loans through closing and complete required management reports.
• Communicate timely updates and progress reports to branches and/or applicants.
• Maintain high levels of customer service while managing applicants’ and support staff’s expectations.
• Attend and participate in Consumer Lending meetings as required by management.
• Meet management-defined mortgage loan sales and cross-selling objectives.
• Take responsibility for the mortgage loan from application through closing and follow applicable risk policies and procedures.

Benefits

• Comprehensive benefits programs supporting employees’ physical, financial, emotional, and social well-being.
• Differentiated compensation offerings, including incentive-based compensation combined with either a base salary or a draw.

What This Job Offers

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